EverReal successfully completes Seed investment round
Seed X Liechtenstein AG (Seed X) and High-Tech Gründerfonds (HTGF) invest a seven-figure euro amount
EverReal offers real estate companies a digital solution for renting out and selling properties.
The new capital will flow into the further development of the platform, customer acquisition, and the expansion of the team
Munich, November 13, 2019: The two institutional venture capital firms HTGF and Seed X have invested a seven-figure euro amount in the further growth of EverReal GmbH, based in Munich. Founded in 2017, the PropTech company focuses on making real estate transactions (letting/selling) easier and smoother for everyone than ever before.
“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 analogue processes involved in tenant changes and the sale of apartments or commercial spaces, which are still found in many companies, are absolutely outdated,” says Nessim Djerboua, co-founder and CEO of EverReal. “It is understandable neither for the companies’ employees nor for prospective tenants or buyers why they should submit or process piles of paper documents when the same work steps can be completed almost fully automatically and digitally with minimal effort.”
Among the customers who have chosen EverReal so far are large housing companies and institutional asset and property managers, as well as medium-sized real estate holders, administrators, and brokerage firms from all over Germany. Designed as a white-label solution, EverReal’s platform offers significant time and resource savings to companies that frequently handle rentals or sales of real estate in their daily business. At the same time, it ensures higher job satisfaction among the employees of the respective companies and enables their potential customers to have a modern user experience, which they have long since become accustomed to in other areas. The short training period, which is primarily due to the largely intuitive usability, also contributes to this. In doing so, EverReal guarantees GDPR-compliant processes and enables a high degree of transparency through the availability of data in real time.
“We are thrilled by the outstanding software that has made the EverReal team the technology leader in the industry within a very short time. Accordingly, we are highly motivated to actively support the company in its further growth phase,” says Mathias Jaeggi, CEO of Seed X Liechtenstein AG.
“Real estate transactions have barely changed in 100 years. EverReal’s software offers deep value creation and automates time-consuming processes. The technology combined with the experienced founder team completely convinced us,” 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.
Press contact:
RUECKERCONSULT GmbH
Peter Dietze-Felberg
Wallstr. 16
10179 Berlin
Tel.: +49 30 28 44 987 62
Email: dietze@rueckerconsult.de
About EverReal:
EverReal is a PropTech provider of an innovative all-in-one platform for real estate rental, which brings together all necessary data, processes, and stakeholders to help real estate companies scale their own business, increase profitability, and at the same time offer prospective tenants and owners optimal service.
EverReal’s customers can map the entire process, from marketing and contract execution to the handover of the property, in a customer-oriented, holistic, and automated manner. Whether residential or commercial, existing or new construction, real estate companies inspire their customers and employees with EverReal. Founded in 2017 and headquartered in Munich, the company already has a customer base that manages more than 175,000 residential units in Germany.
About Seed X Liechtenstein AG:
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 startups from the financial, insurance, and real estate sectors in the German-speaking region. Originally started as a government initiative, Seed X is now privately owned. The Board of Directors consists of Prince Maximilian von und zu Liechtenstein, Dr. iur. Alexander Ospelt, Werner Bachmann, Georg Wohlwend, and Fred Kindle.
About High-Tech Gründerfonds
The seed investor High-Tech Gründerfonds (HTGF) finances technology startups with growth potential. With a total volume of 895.5 million euros distributed across three funds and an international partner network, HTGF has already supported more than 560 startups since 2005. Its team of experienced investment managers and startup experts supports the young companies with know-how, entrepreneurial spirit, and passion. The focus is on high-tech start-ups in the software, media, and internet sectors, as well as hardware, automation, healthcare, chemistry, and life sciences. External investors have invested over 2 billion euros of capital into the HTGF portfolio in more than 1,400 follow-on financing rounds to date. In addition, the fund has successfully sold shares in more than 100 companies.
Investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital, the Fraunhofer-Gesellschaft, and 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 Gruppe, STIHL, Thüga, Vector Informatik, WACKER, and Wilh. Werhahn KG.
Switch to the new standard now.
Experience EverReal in action