Justhome, a home financing startup based in Berlin, has successfully raised €3.3 million in a funding round led by Target Global. APX, the early-stage fund backed by German publisher Axel Springer and Porsche, also participated, along with several angel investors.
Founded this year, Justhome provides aspiring homebuyers access to rates from over 700 lenders through a digital platform aimed at guiding them to a successful closing. Operating within Germany’s €1.49 trillion mortgage market, the company is actively developing financing solutions specifically designed for budget-conscious first-time homebuyers.
CEO Johannes Fenner emphasizes the demand for homeownership among young Germans, stating, “Nine out of 10 Germans below the age of 30 want to own a home in the future, an even stronger trend post-COVID. That’s why we are so determined to provide financial solutions to help this generation become homeowners in a way that is convenient and native to them: digital and self-driven.”