Vasco raises €1.7M seed to fund home renovation without bank loans

Vasco Raises €1.7M in Seed Funding

Vasco, a Bordeaux-based financing company founded in 2023, has raised €1.7 million in seed funding. The round was backed by Makesense and Aquiti Gestion.

What Vasco Does

Vasco funds home renovation without bank loans. The company operates through an ESUS-certified solidarity property fund (foncière) financed by roughly 500 private savers. Under this model, Vasco pays for works such as energy upgrades, roofing, or aging-in-place adaptations in exchange for a share of the property. That share is repaid when the owner sells or buys back the stake.

This structure gives homeowners access to renovation financing outside of traditional bank lending, while giving private savers a way to participate in a solidarity-oriented property fund.

Traction and Milestones

• Reached financial break-even in early 2026
• Has financed around one hundred renovation projects
• Targets 1,000 renovations per year by 2030

The Round at a Glance

• Company: Vasco
• Headquarters: Bordeaux
• Founded: 2023
• Round type: Seed
• Amount: €1.7 million
• Funding date: September 30, 2026
• Investors: Makesense, Aquiti Gestion

Why It Matters

Vasco sits at the intersection of home renovation financing and solidarity finance. Its model is designed to remove the bank loan from the renovation equation, replacing it with a property-share arrangement funded by private savers. With break-even already reached and a stated target of 1,000 renovations per year by 2030, the company is positioning itself for scale in a market where energy upgrades and aging-in-place adaptations are increasingly in demand.

The new seed funding provides capital as Vasco looks to grow its renovation volume and expand the reach of its solidarity property fund model.