The German-Swiss Proptech company Allthings completed an additional round of financing today of over 2,5 Million Swiss Francs. In addition to earlier investors, approximately 15 business leaders from all segments of the real estate industry and the tech scene, as well as the venture capital firm Creathor Venture took part.
Among them were Dr. Beat Schwab (former Global Head of Real Estate Investment Management at Credit Suisse), Lutz Basse (former CEO of SAGA), Prof. Dr. Markus Schmidiger (Head Competence Center Real Estate at the Lucerne University), Axel König (NAI Apollo), Andreas Wende (former member of management at Strabag PFS, JLL and Savills), Leo Dunstheimer (former deputy CEO at ECE), and Christoph Wittkop (Managing Director and Country Head Germany, Barings Real Estate Advisors).
Furthermore, as part of this financing round, Creathor Venture, a leading high-tech VC, participated.
“Good and sustainably successful properties are those in which all stakeholders – tenants, owners, management, and developers – can simply communicate with one another. In addition, good properties offer their users suitable modern services. Neither of these things is the case with the majority of properties today, but Allthings provides a solution to both of them, and does so impressively, thanks to its modular architecture,” said investor Andreas Wende.
“Following a period of strong growth, our entrance to the German market, as well as numerous major projects won, our focus now lies on further expanding the platform as well as internationalisation in the European area”, said Stefan Zanetti, founder and CEO of Allthings. “The capital allows us to expand our developer platform, seamlessly integrate a number of ERP systems into Allthings and expand our end-to-end process engine, in addition to expanding our distribution to meet demand on an international scale.”
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Source Allthings Technologies AG