Listen to this articleBelow is our recent interview with Martin Schrimpff, Co-founder and CEO at Kocomo:
Q: Could you provide our readers with a brief introduction to your company?
A: Kocomo is an early-stage proptech startup, backed by leading U.S., European, and Latin American investors, that is bringing the sharing economy to home ownership. Leveraging its proprietary technology, Kocomo has created a transparent and equitable marketplace that empowers people to purchase, own, and sell co-ownership interests in luxury homes.
Q: Any highlights on your recent announcement?
A: Kocomo has raised $56 million in debt and equity from leading U.S., European, and Latin American investors.
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Q: Can you give us more insights into your offering?
A: Kocomo provides all the benefits of homeownership with none of the fuss through its professional property management and maintenance services as well as its expert legal and administrative services. Kocomo makes the dream of owning a luxury vacation home attainable thanks to its revolutionary co-ownership model. We’re starting with Mexico first — with plans to scale globally.
Q: What can we expect from your company in next 6 months? What are your plans?
A: In the next 6 months we will be expanding our offering to the Caribeean and Costa Rica, in order to allow Americans and canadians to be able to buy property in these parts of the world.
Then after that we will be expanding into Europe.
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Q: What is the best thing about your company that people might not know about?
A: Kocomo allows you to co-own a property without any of the hassle, burden and normal costs associated with this. We allow you to rent or swap your weeks in order to lower or eliminate Property management fees or be able to use a property with similar characteristics anywhere in the world.
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