Newarc srl: Funding, Investors & Team (Sep 2026)
Newarc is an instant buying firm that was founded in Turin in 2021 with the goal of revolutionizing how people buy and sell homes in the real estate market. We can estimate an immobile's value using a sophisticated valuation algorithm, and then we can buy it, redesign it, and sell it using an original method. Instead, if someone were interested in selling their own home, we would first provide a free evaluation and then, if the home met our standards, make an immediate offer to buy it. The entire procedure is supported by our evaluation algorithm, which uses IA and machine learning.
Newarc srl has raised $120k across 1 funding round on record, the most recent a Pre-Seed of $120k announced in Nov 2022.
That round is below the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Newarc srl Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Newarc srl Funding Rounds
Newarc srl Founders and Leadership Team
No contact details are on record for this team yet.
Newarc srl Funding Compared to Other Artificial Intelligence Startups
Newarc srl's latest round of $120k is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Newarc srl Funding FAQs
What does Newarc srl do?
Newarc is an instant buying firm that was founded in Turin in 2021 with the goal of revolutionizing how people buy and sell homes in the real estate market. We can estimate an immobile's value using a sophisticated valuation algorithm, and then we can buy it, redesign it, and sell it using an original method. Instead, if someone were interested in selling their own home, we would first provide a free evaluation and then, if the home met our standards, make an immediate offer to buy it. The entire procedure is supported by our evaluation algorithm, which uses IA and machine learning.
How much funding has Newarc srl raised?
Newarc srl has raised $120k across 1 round on record. The most recent is a Pre-Seed of $120k announced in Nov 2022.
When did Newarc srl last raise funding?
Newarc srl's most recent funding round on record is a Pre-Seed of $120k, announced in Nov 2022.
Who is the CEO of Newarc srl?
Edoardo Tabasso is listed as CEO at Newarc srl.
Where is Newarc srl headquartered?
Newarc srl is based in Torino, Piemonte, Italy.
How many employees does Newarc srl have?
Newarc srl is in the 1-10 employee band.
How does Newarc srl's funding compare to other Artificial Intelligence startups?
Newarc srl's latest round of $120k is below the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's Newarc srl Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Newarc srl is left off this page rather than filled in.
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