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§ Private Profile · Paris, Île-de-France
Proptech company offering a digital platform to automate administrative and accounting tasks for independent residential property managers.
Bellman is a Paris, France-based proptech company that develops a digital platform to automate administrative and accounting tasks for residential property management. Originally operating as a direct property management agency charging around €20 per apartment per month, the firm transitioned to a business-to-business software-as-a-service model in 2022 to license its technology to independent property managers. Prior to undergoing financial restructuring and entering receivership in early 2023, the enterprise scaled to 21-50 employees, generated $1.5 million in annual revenue, supported 40,000 users, and managed hundreds of residential buildings across France. The organization reached an estimated valuation of $4.8 million while securing approximately €17 million in total venture funding from prominent financial backers including Lakestar, Connect Ventures, Founders Future, Kima Ventures, and Michael Benabou. Bellman was originally founded in 2019 by Antonio Pinto and Jonathan Lalinec.
Bellman has raised $8.7M across 3 funding rounds.
Bellman has raised $8.7M in total across 3 funding rounds.
Bellman Technologies Limited is a micro-sized UK-based technology company specializing in machining (SIC code 25620), incorporated on 20 June 2020 and headquartered in Milton Keynes, England.[1][3] It develops hardware solutions, likely in precision manufacturing, with 20 employees, £1.21M in total assets, and £450K in net assets as of recent filings, showing steady financial growth including a 62% increase in net assets.[1] The company serves industrial clients needing custom machining, addressing demands for high-precision components in sectors like manufacturing or tech hardware, with positive momentum evidenced by asset growth and a reduced debt ratio of 63%.[1]
This fits the profile of an early-stage portfolio company rather than an investment firm, focusing on operational technology rather than funding startups.[1][3]
Belman Technologies Limited was founded on 20 June 2020 as a private limited company in Rowley Regis, West Midlands, initially at Unit 1a, Griffin Industrial Estate.[1] It relocated its registered office to Unit 9 Erica Road, Stacey Bushes, Milton Keynes MK12 6HS on 29 March 2023, signaling expansion or optimization.[1][3] Key details on founders or specific idea origins are not publicly detailed in filings, but the company's micro size and focus on machining suggest roots in engineering expertise addressing UK manufacturing needs post-Brexit or during industrial recovery.[1] Early traction includes rapid asset buildup to £1.21M within five years, with cash reserves growing 160% to £11.41K after 12 months of trading, alongside dormant accounts filed up to 2022 indicating a cautious startup phase.[1]
Belman Technologies rides the UK resurgence in advanced manufacturing and precision engineering, fueled by trends in automation, electric vehicles, and supply chain localization amid global disruptions.[1] Timing aligns with post-2020 industrial policies emphasizing domestic machining to reduce import reliance, where micro-firms like Belman fill niches for custom components.[3] Market forces favoring it include Milton Keynes' tech-manufacturing cluster and government incentives for SMEs, positioning it to supply hardware for AI, robotics, or medtech ecosystems without the scale of larger players.[1] It influences the landscape by bolstering local supply chains, enabling startups in hardware-dependent sectors to prototype and scale efficiently.
Belman Technologies is poised for expansion, potentially scaling machining services to £2M+ assets by leveraging UK re-shoring trends and tech hardware demand in AI and renewables.[1] Upcoming trends like Industry 4.0 automation and net-zero manufacturing will shape its path, with opportunities in partnerships for precision parts in electric mobility or medtech.[3] Its influence may evolve from micro-supplier to mid-tier innovator, especially if employee growth follows recent financial momentum—watch 2025 accounts for acquisition signals or sector pivots. This machining specialist exemplifies resilient UK tech amid economic shifts, tying back to its steady ascent from 2020 origins.
Bellman has raised $8.7M across 3 funding rounds. Most recently, it raised $4.5M Seed Extension in June 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 18, 2020 | $4.5M Seed Plus | Lakestar | Connect Ventures, Financière Saint James | Announced |
| Nov 22, 2019 | $2.2M Venture Round | — | Antoine M., Jean David Blanc, Michael Benabou, Nadra Moussalem, Nicolas Brusson, Connect Ventures, The Family | Announced |
| Nov 1, 2019 | $2M Seed | — | 50 Partners, Backed VC, Newland Syndicate, #secretfund, Luca Ascani | Announced |
Bellman has raised $8.7M in total across 3 funding rounds.
Bellman's investors include Lakestar, Connect Ventures, Financière Saint James, Antoine M., Jean-David Blanc, Michael Benabou, Nadra Moussalem, Nicolas Brusson, The Family, 50 Partners, Backed VC, Newland Syndicate.