immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Btov

  • PriceHubble raises $ 34 million

    PriceHubble raises $ 34 million

    Zurich-based PriceHubble AG has successfully completed a Series B financing round. The proptech was able to raise $ 34 million from new and existing investors, according to a media release . It focuses on real estate valuations and property insights on the basis of big data analytics and artificial intelligence. This round was led by Digital + Partners . The internationally growing company received "significant investments" from Latitude Ventures , TX Ventures and Business Angels. It also met with great demand from existing investors, including Swiss Life and btov / Helvetia Venture Fund .

    This is one of the largest B rounds in the European proptech scene, said Dr. Stefan Heitmann, Co-Founder and Chairman of the Board of Directors of PriceHubble. CEO Julien Schillewaert considers it an "important milestone on the way to realizing our vision of becoming the undisputed market leader for data-driven digital solutions for the real estate and financial industries in Europe and Asia".

    For this, PriceHubble “with the combination of an excellent team, a mature technology-driven organization and a best-in-class UX, PriceHubbel is ideally equipped to continue to drive growth, to attract additional top talent and the go-to-market organization to scale internationally ”, says Patrick Beitel, co-founder and managing director at Digital + Partners.

    The company, which was founded in Zurich in 2016, is now active in nine markets: Switzerland, France, Germany, Austria, Japan, the Netherlands, Belgium, the Czech Republic and Slovakia. The B2B customer base has tripled in the past twelve months. It now consists of 800 companies.

  • Helvetia is investing in German real estate fintech

    Helvetia is investing in German real estate fintech

    The insurance group Helvetia continues to invest in the real estate sector. He has invested in the Hamburg company Baufi24 through the Helvetia Venture Fund. This started in 2006 as a search engine for mortgage lending. Since then it has positioned itself as a broker for real estate finance.

    Baufi24 raised a total of 6.7 million euros in its financing round. In addition to Helvetia, the St. Gallen risk capital company Btov has invested. With the fresh money, Baufi24 wants to further develop its technology and expand its branch network in Germany.

    “We believe in the experienced team at Baufi24 and see great potential for the digitization of real estate financing. Since the pandemic in particular, online offers in the area of finance have been in greater demand, ”said Michael Wieser, Managing Partner of the Helvetia Venture Fund, in a press release from Baufi24.

    In Switzerland, Helvetia acquired the real estate and mortgage broker Moneypark in 2017. Investing in Baufi24 would now result in "interesting exchange opportunities for both sides", said Patrick Scherrer, Head of Strategy & M&A at Helvetia, in a Helvetia press release.