Friday, December 13, 2024

Berlin-based startup Assetbird secures €2.4 million funding to revolutionise the traditional property acquisition process.

A Berlin-based software platform revolutionizing real estate transactions by digitizing property acquisition processes, replacing manual methods with efficient automation tools, has secured €2.4 million in funding from 468 Capital and IBB Ventures, signifying a significant step forward in its quest to transform the real estate industry.

Founded by Tobias Dochow as CEO, Nico Kramp as CSO, and Christian Sauer as CTO just four years ago, Assetbird has swiftly become the industry standard for real estate acquisition software. The platform facilitates seamless operations for corporations of all sizes, streamlining processes for efficient provision, pipeline prioritization, and market intelligence analysis, ultimately driving more sustainable transactions.

The anticipated funding will likely be utilized to cultivate the platform and personnel, further cementing Assetbird’s position as an industry leader. Despite a challenging market marked by high interest rates and escalating construction costs, Assetbird has emerged as a transparent industry leader, impressing clients with its rapid growth and profitability.

Emanuel Palluq, a prominent figure at 468 Capital, offered high praise for the startup’s meteoric rise.

Assetbird’s software program enables funding groups with one to 50 customers to streamline the acquisition process from initial supply entry to successful deal closure, providing a centralized solution. This efficiency boost enables teams to operate more effectively outside, ultimately leading to higher transaction rates.

Jessica Wimalasooriyar of IBB Ventures commended Assetbird’s customer-centric approach.

Reflecting on the corporate’s journey, Co-founder & CEO Tobias Dochow shared,

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