Milluu is a Romanian startup founded in 2017 that has garnered significant attention and investment within a short period. The company's slogan, "MILLUU, the instant rental apartment app," encapsulates its core offering - a digital platform that streamlines the apartment rental process for both landlords and tenants.
Through Milluu, apartment owners can seamlessly manage the entire rental journey, from showcasing and promoting their properties to handling contract signing and utility payments, all digitally. The Milluu InstaRent option further entices landlords by ensuring they receive their first rent within 30 days of signing the contract with Milluu. Consequently, the platform offers a compelling value proposition, particularly in the realm of time-saving and convenience for property owners.
Tenants also stand to benefit significantly from the platform, as they can effortlessly find and secure their ideal rental apartments online. Moreover, features such as online rent and utility payments, along with insurance coverage for the property and an emergency technical assistance package, enhance the overall rental experience for tenants.
Despite operating in a competitive industry, Milluu stands out as a 100% Romanian startup that has attracted notable attention from investors. In 2021, the company secured a significant investment of €1 million euros from prominent backers including Early Game Ventures, NETOPIA Ventures, ROCA X, Growceanu, CofounderZone, and Simple Capital. Notably, in 2020, Milluu effectively managed a substantial €12 million euros in housing-related activities, highlighting its rapid growth and impact on the market.
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