Riga-based PropTech startup Unitoq has raised €155,000 in pre-seed funding from a syndicate of business angels, including members of the Latvian Business Angel Network (LatBAN).

The company is developing a digital real estate investment platform that allows individuals to invest in vetted residential properties across Europe starting from €100. Investors can earn returns through rental income and potential property appreciation, while professional property operators manage tenants, maintenance and other operational responsibilities.

Unitoq plans to use the funding to secure authorisation under the European Union's European Crowdfunding Service Providers (ECSP) Regulation, prepare for its planned launch in early 2027 and bring its first investment properties onto the platform.

Making European property investment more accessible

Founded in 2026 by Eduards Raudonis and Nikita Manija, Unitoq aims to lower the financial and operational barriers associated with residential property investment.

Traditional rental property investment typically requires substantial upfront capital and ongoing involvement in property management. Unitoq's platform is designed to let individuals participate without purchasing an entire apartment or managing tenants and maintenance themselves.

Users will be able to browse and invest in selected residential properties through the platform, starting with €100. Returns are expected to come from rental income and potential increases in property value.

The company also plans to provide digital investment tracking, allowing users to monitor the performance of their property investments while professional operators handle day-to-day management.

Regulatory authorisation and European expansion

A key milestone for Unitoq is obtaining authorisation under the EU's European Crowdfunding Service Providers Regulation.

The company is applying for a licence in Latvia. According to Unitoq, authorisation would allow it to serve investors across the European Union, subject to the regulation's requirements.

The regulatory process is central to its planned early 2027 launch. The company intends to secure the necessary authorisation, onboard its first properties and make them available to investors.

Unitoq says more than 1,000 people have already joined its waitlist.

Founders target a broader investor base

Co-founder and CEO Eduards Raudonis said the platform is intended to make rental property investment more accessible by reducing the upfront investment required and removing the need for individuals to manage properties themselves.

Co-founder Nikita Manija said the participation of experienced LatBAN angels reflects confidence in the team and its business model. The funding will provide resources to complete the licensing process, launch the platform and bring the first properties to investors.

Preparing for its next funding stage

The €155,000 pre-seed round will support Unitoq's regulatory, product and launch preparations. The company also plans to prepare for a subsequent seed funding round as it progresses towards its commercial launch.

With its model focused on lower entry investments and professionally managed residential properties, Unitoq is targeting individuals who want exposure to European real estate without the responsibilities of owning and operating an entire rental property.

Its next major milestones will be securing regulatory authorisation, launching the platform and onboarding its first investment properties.