Vermietet.de wins PropTech VC BitStone Capital as investor
Existing investors are providing additional funds in the millions.
Inclusion of Company Builder & PropTech VC BitStone Capital in the Investor Wars.
Opening the portal for real estate service providers.
Berlin, February 20, 2019 – The PropTech startup Vermietet.de receives fresh capital: with a mid-single-digit million amount, the ranks of investors are boosted by AXA, Berlin Technology Holding, Deutsche Bank, main incubator (research and development unit of the Commerzbank Group) and Swiss Life the growth of the real estate management portal. For the first time, the company builder and PropTech VC BitStone Capital are also involved. With the current financing round, Vermietet.de wants to continue to drive the already strong customer growth and to strengthen the platform. The focus is particularly on the integration of commercial real estate service providers, whose offers will supplement the functionalities of Vermietet.de in the future.In the first quarter of 2019, for example, an online shop will be launched that will offer users real estate-related products and services from a single source. From then on, customers will be able to purchase their first products and services as part of the letting process for residential units. These include, among other things, energy passes, a sightseeing service or even a photo service for real estate. Further areas such as real estate financing, repair and maintenance services as well as real estate management are already being planned. The goal of Vermietet.de is to network landlords, administrators, service providers and tenants as a digital interface in the future.
Jannes Fischer, CEO of Vermieten.de: “Together with our investors, we have found that the expansion of our platform can be accelerated by further capital. If the wind is right, it’s worth hoisting an extra sail. – That’s exactly what we have done now! “According to Fischer, a substantial portion of the capital will be used to expand the existing team structure in the areas of development, product and marketing.
Vermietet.de has gained more than 50,000 active users in Germany since its market launch in March 2017 and monitors rental income of more than 50 million euros per month for its customers. Kai Panitzki, Partner at BitStone Capital: “The team at Vermietet.de has turned a great vision into reality. With the full-fledged approach you’ll hit the nerve of the times and solve well-known problems in real estate management. Vermietet.de can revolutionize the real estate industry with its platform model. The excellent numbers speak for themselves. “
Fischer is also impressed by the newly formed partnership: “With BitStone Capital, we have found an excellent Addition to our investor portfolio: Partners Kai Panitzki and Manfred Heid are known for their first-class relationships with the PropTech scene and their platform scaling experience Known models. That’s why we decided to work together to expand Vermietet.de in the future. “
Markus Pertlwieser, Chief Digital Officer for private and corporate clients of the existing investor Deutsche Bank, says: “We are convinced that Vermietet.de has great market opportunities as a platform and digital ecosystem for living and living. Beyond the classic banking business, we see our cooperation as an outstanding service for wealthy clients and investors. We are prepared for this with additional investment and operational know-how. “
Commerzbank also supports the digital platform approach of Vermietet.de: “Vermietet.de has established itself as a leading provider in the market for private real estate management. With our involvement in the startup, we want to provide our customers with a digital solution in the area of real estate management and asset accumulation in the future, “said Ulrich Coenen, Vice President Marketing & Digital Banking, Commerzbank AG.