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Online real estate specialist Propster obtains fresh capital

Founder and CEO Milan Zahradnik © Propster

The company is extremely successful internationally with this programme. The platform enables buyers, tenants and investors to completely acquire, process and configure their properties online. Everything is carried out digitally and from a single source, from the sales processes, online sampling to the handover and defect management. The cloud-based software offers standardised communication and complete documentation. A machine learning-based system helps to find the suitable customers. In this way, a large percentage of the otherwise necessary personal customer appointments is no longer necessary.

In May, Propster concluded another round of financing. A total of € 3 million was invested, led by the aws Funders Fund. Axeleo of France and Pi Labs from Great Britain came on board for the first time. The existing investors, including Allinvest Unternehmensbeteiligung and Ertler Holding, also took part in the latest round of financing. The capital will mainly be used for opening up new markets in Russia, the Emirate of Dubai and the USA as well as in the further development of the product with additional functions.

At present, the property technology company has a workforce of 33 employees and is active in Germany, Austria, Switzerland, Great Britain and Italy, serving about 90 customers. With a total project volume of approx. € 3 billion, the platform is currently being used for close to 15,000 residential units and offices. Reference customers include Strabag, Frank Group, APO Projekt, Corpus Sireo and the ZIMA business group.

Continue reading and learn more about startup funding in Austria!

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