Izix announced it raised €3 million in equity from Noia Capital, La Région Bruxelloise and Franco-Belgian business angels. The Franco-Belgian proptech is planning to conquer more than half of the French market, i.e. 2,500 buildings, and to achieve profitability by 2025.
Founded in 2021, Izix has developed a solution that optimizes the use of office building parking lots, and accelerates the transition to soft mobility & flex office. At the heart of the intelligent building, Izix reinvents the use of parking lots to create high value-added spaces that pool costs, make offices more flexible and attractive, and support the ESG ambitions of companies and landlords.
Already present in 150 buildings in France, Belgium, Luxembourg and Spain, the company has announced a target of 500 buildings by the end of 2025, 50% of them in France. The software has been designed to make everyday life easier for all parking lot stakeholders – the property owner, the manager, the tenant and finally the employee – thanks to an application that improves the planning, allocation and sharing of parking lots.
“Today, time to market is no longer an issue. With a strong team and solid customer references, our growth ambitions go hand in hand with a mature market that is waiting for this type of solution. Like us, our investors have been convinced of the need to support the transition to more sustainable cities and travel, and to new hybrid modes of work,” said Dorian de Broqueville, CEO & co-founder of Izix.
A pioneer in its market, Izix fills a gap in the hitherto archaic management of the parking sector: “Our data shows that 30% of traffic and 40% of vehicle emissions in cities are linked to the search for parking. Almost half of all home/work car journeys are made automatically, rather than out of need. A company travel plan solution and the tools offered by our solution will have a drastic impact on this type of problem,” commented Rémi Laurent, CRO & Director France.
For this proptech parking is an essential component of commercial and business buildings, which present the same challenges of decarbonization and optimization.
Izix understands that people need to make use of empty spaces, and support new uses linked to increased telecommuting, electrification and soft mobility. That’s why they offer flexible parking management, enabling the parking policy to be adapted to the needs of the company, the flex office and changes in mobility. With Izix, according to its founders, everything is done on demand and at the click of a button. The Franco-Belgian proptech aims to achieve profitability by 2025, and will continue to invest strategically in its technology.
Read the orginal article: https://www.eu-startups.com/2023/09/brussels-based-proptech-izix-secures-e3-million-series-a-to-optimize-the-use-of-office-buildings-parking-lots/
