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-Seed X Liechtenstein AG (Seed X) and High-Tech Gründerfonds (HTGF) invest seven-digit Euro amount
-EverReal offers real estate companies a digital solution for the rental or sale of real estate.
-The new capital will be used for the further development of the platform, customer acquisition and the expansion of the team
Munich, November 13, 2019 - The two institutional venture capital companies HTGF and Seed X have invested a seven-digit Euro amount in the further growth of Munich-based EverReal GmbH. Founded in 2017, the PropTech company focuses on making real estate transactions (rental/sale) easier and smoother than ever before for everyone.
"We are very pleased that we were able to convince not only a growing number of satisfied customers but also two new, renowned seed investors of EverReal. The numerous analogous processes involved in changing tenants and selling apartments or commercial space, which are still encountered in many companies, are absolutely outdated," says Nessim Djerboua, co-founder and CEO of EverReal. "It is incomprehensible to either company employees or prospective tenants or buyers why they should submit or process piles of paper documents when the same work steps can be almost completely automated and digitally completed with minimal effort.
Customers who have chosen EverReal so far include large housing companies and institutional asset and property managers as well as medium-sized real estate portfolio owners, administrators and brokerage firms from all over Germany. EverReal's platform, designed as a white label solution, offers significant time and resource savings to companies that frequently rent or sell real estate in their day-to-day business. At the same time, it increases the job satisfaction of the employees of the companies concerned and provides their potential customers with a modern user experience that they have long been accustomed to in other areas. The short training period, which is mainly due to the largely intuitive usability, contributes to this. At the same time, EverReal guarantees DGSVO-compliant processes and enables maximum transparency through the availability of data in real time.
"We are enthusiastic about the outstanding software that has made the EverReal team a technology leader in the industry within a very short time. Accordingly, we are motivated to actively support the company in its further growth phase," says Mathias Jaeggi, CEO of Seed X Liechtenstein AG.
"Real estate transactions have hardly changed for 100 years. EverReal's software offers deep value creation and automates time-consuming processes. The technology in combination with the experienced team of founders has convinced us completely, says Tobias Schulz, Senior Investment Manager at HTGF".
With the sum invested by HTGF and Seed X, EverReal intends on the one hand to further develop and expand its product and on the other hand to strengthen its team and market presence.
Phone: +49 30 28 44 987 62
EverReal is PropTech offerer of an innovative all in One platform for the letting of real estates, which brings all necessary data, expirations and involved ones together, in order to help real estate enterprises to scale the own business to increase profitability and offer at the same time prospective tenants as well as owners an optimal service.
EverReal's customers can map the complete process - from marketing, contract processing to the handover of the property - in a customer-oriented, integrated and automated manner. Whether residential or commercial, existing or new, with EverReal, real estate companies inspire their customers and employees. Founded in 2017 and headquartered in Munich, the company already has a customer base that manages more than 175,000 residential units in Germany.
Seed X Liechtenstein AG is a venture capital firm financed by institutional investors and business leaders from Liechtenstein and Switzerland. Currently, Seed X focuses on early-stage start-ups in the financial, insurance and real estate sectors in German-speaking countries. Originally started as a government initiative, Seed X is now in private hands. The Board of Directors consists of Prince Maximilian von und zu Liechtenstein, Dr. iur. Alexander Ospelt, Werner Bachmann, Georg Wohlwend and Fred Kindle.
The seed investor High-Tech Gründerfonds (HTGF) finances technology start-ups with growth potential. With a total volume of 895.5 million euros distributed over three funds and an international partner network, the HTGF has already supported more than 560 start-ups since 2005. Its team of experienced investment managers and start-up experts supports the young companies with know-how, entrepreneurial spirit and passion. The focus is on high-tech start-ups from the software, media and Internet sectors as well as hardware, automation, healthcare, chemicals and life sciences. To date, external investors have invested more than 2 billion euros in the HTGF portfolio in more than 1,400 follow-up financing rounds. The fund has also successfully sold shares in more than 100 companies.
Investors in the public-private partnership include the Federal Ministry of Economics and Energy, KfW Capital, the Fraunhofer-Gesellschaft as well as the commercial enterprises ALTANA, BASF, Bayer, Boehringer Ingelheim, B.Braun, Robert Bosch, BÜFA, CEWE, Deutsche Post DHL, Dräger, Drillisch AG, EVONIK, EWE AG, FOND OF, Haniel, Hettich, Knauf, Körber, LANXESS, media + more venture Beteiligungs GmbH & Co. KG, PHOENIX CONTACT, Postbank, QIAGEN, RWE Generation SE, SAP, Schufa, Schwarz Group, STIHL, Thüga, Vector Informatik, WACKER and Wilh. Werhahn KG.