Latvian proptech startup Unitoq has raised €155,000 in a
pre-seed funding round from a syndicate of business angels, including members
of the Latvian Business Angel Network (LatBAN).
Founded in 2026 by Eduards Raudonis and Nikita Manija,
Unitoq is developing a platform that allows individuals to invest in
residential properties starting from €100, with the potential to earn returns
from rental income and property value appreciation.
Investing directly in residential property typically
requires significant upfront capital, often involving mortgages and ongoing
responsibilities such as tenant management, maintenance and administrative
work. Traditional investment alternatives, such as real estate funds, may also
offer limited visibility into individual properties and investment allocation.
Unitoq aims to address these challenges through a digital
platform that allows users to select individual residential properties in which
to invest. Properties are vetted before being made available, while experienced
operators handle tenant management and maintenance.
Investors can receive a
share of rental income and benefit from potential increases in property value,
while monitoring the performance of their investments through the platform.
Owning a rental property has built wealth for
generations, but the high entry ticket and the hassle of managing it are simply
too much for most. Unitoq opens that opportunity up to many more people,
letting them build a diversified real estate portfolio straight from their
smartphone,
says Eduards Raudonis, co-founder and CEO of Unitoq.
The company is currently applying for a licence from the
Bank of Latvia under the EU’s European Crowdfunding Service Providers (ECSP)
Regulation. The licence would allow Unitoq to offer its services to investors
across the European Union. The platform is expected to launch in early 2027,
subject to regulatory approval. More than 1,000 people have already joined its
waitlist.
The new funding will support Unitoq’s licensing process,
platform launch and the introduction of its first investment properties, while
the company prepares for a future seed funding round.
