Romanian proptech VAUNT exceeds €760 million in transactions through its platform

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  • VAUNT is a digital management system that streamlines selling residential properties, from the moment the building permit is received until handover
  • The platform is used by more than 50 real estate agencies and developers across Romania
  • Uploaded projects exceed a total value of over €2 billion and transactions surpass €760 million

Romanian entrepreneurs Irina Constantin, CEO, and Razvan Mitre, CTO launched VAUNT with the mission to digitally facilitate the entire real estate residential sales process.

The Romanian proptech startup provides various user-friendly sales and marketing modules, designed to streamline these processes and contribute to the growth of its partners’ businesses.

Since launching in 2020, VAUNT has expanded across the country. Currently, about 10% of new housing projects in Bucharest are uploaded on the platform, and about 1.3% of all real estate transactions in Romania in 2023 were carried out through its platform.

Spearheading the digitalization of the Romanian real estate sector

In 2023, VAUNT saw a growth of 65%, welcoming more than 20 new clients. In terms of developments, in 2023 the company launched the new VAUNT Engage module, which revolutionizes communication and marketing campaigns aimed at both existing and potential customers.

Image by frimufilms on Freepik

“The residential market holds immense potential, not just in Romania but globally, with an expected surge up to 2.43 trillion in 2029, in Europe. Recognizing the industry’s call for digitization, we’ve crafted a solution that’s remarkably simple to integrate and operate. We’re thrilled with the positive outcomes thus far and feel privileged to have earned the trust of our customers.” said Irina Constantin, CEO of VAUNT.

Next steps for the VAUNT team include adding new functionalities that will simplify the relationship between developers and their customers, but also new products aimed at those who want to buy a home in another destination, as well as international scaling.

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