EverReal Successfully Completes Seed Investment Round
November 13, 2019
- Seed X Liechtenstein AG and High-Tech Gründerfonds (HTGF) invest seven-figure euro amount
- EverReal offers real estate companies a digital platform for renting and selling of real estate
- The new capital will be invested into the further development of the platform, customer acquisition and the expansion of the team.
The two institutional venture capital companies 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) seamless for everyone involved.
“We are very pleased that we were not only able to convince a growing number of satisfied customers of EverReal, but also two new, renowned seed investors. The numerous manual processes required in a tenant change or the sale of an apartment are absolutely outdated,” says Nessim Djerboua, co-founder and CEO of EverReal. “It is neither comprehensible to the employees of the companies nor to the prospective tenants or buyers why they should submit or process stacks of documents on paper when the same steps can be carried out almost completely automatically and digitally with minimal effort.”
Customers who have chosen EverReal so far include large landlords and institutional asset and property managers as well as medium-sized real estate portfolio owners, managers and brokerage firms from all over Germany. EverReal’s white-label solution platform offers significant time and resource savings for companies that frequently lease or sell real estate in their day-to-day business. At the same time, it ensures greater job satisfaction for the employees of the companies and enables their potential customers to enjoy a state of the art, digital experience, as they have long been accustomed to it in other areas. The intuitive user experience and ease of implementation are some key success factors for attracting customers today. EverReal guarantees GDPR-compliant processes and enables maximum transparency through the availability of data in real time.
“We are excited about the outstanding software that has made the EverReal team the technology leader in the industry in a very short time. We are correspondingly motivated to actively support the company in the further growth phase,” says Mathias Jaeggi, CEO of Seed X Liechtenstein AG.
“Real estate transactions have hardly changed in 100 years. EverReal’s software offers deep value creation and automates time-consuming processes. The technology in combination with the experienced founding team 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.
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EverReal is a proptech provider of an innovative all-in-one real estate rental platform that brings together all the data, processes, and stakeholders necessary to help real estate companies scale their business, increase profitability, and provide optimal service to prospective tenants and owners.
EverReal’s customers can manage the entire process – from marketing and contracting all the way to handing over the property – in a customer-oriented, holistic and automated manner. Whether residential or commercial, existing or new construction, real estate companies delight 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. Seed X currently focuses on early-stage startups in the finance, insurance and real estate industries in German-speaking countries. 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
High-Tech Gründerfonds (HTGF) is a seed investor that finances high-potential, tech-driven startups. With EUR 895.5 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge more than 560 startups since 2005. Driven by their expertise, entrepreneurial spirit and passion, its team of experienced investment managers and startup experts help guide the development of young companies. HTGF’s focus is on high-tech startups in a range of sectors, including software, media, internet, hardware, automation, health care, chemistry and life sciences.
To date, external investors have injected over EUR 2 billion into the HTGF portfolio via more than 1,400 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies.
Investors in this public-private partnership include the Federal Ministry For Economic Affairs and Energy, the KfW Capital, and Fraunhofer-Gesellschaft e.V., as well as the companies ALTANA, BASF, BAYER, B.Braun, Boehringer Ingelheim, 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.