Assetbird, a Berlin-based software platform, has raised €2.4 million to provide real estate acquisition solutions by replacing antiquated manual processes with streamlined, automated tools. The recent funding is a major milestone in its mission to revolutionize the real estate industry.
468 Capital and IBB Ventures provided the funding.
With this latest investment, Assetbird will be able to further establish itself as a leader in the sector by growing both the team and the platform. Assetbird has emerged as the undisputed industry leader, dazzling investors with its quick expansion and profitability, despite a difficult market characterized by rising interest rates and expensive building costs.
Since Assetbird’s foundation, it has rapidly emerged as the industry standard for real estate acquisition software. Businesses of different sizes utilize the platform to prioritize pipelines, automatically record offers, and assess market data, all of which result in more efficient transactions.
Co-founder and CEO Tobias Dochow said:
“We have been developing the product in close cooperation with our customers since day one. Despite having a tiny workforce, we were able to establish a sought-after industry standard by rapidly building a dedicated community. Our customers especially value the fresh growth impetus that Assetbird brings to the traditional real estate industry, in addition to the convenience of use.”
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The software from Assetbird streamlines and centralizes the whole acquisition process, from offer entry to transaction closing, for investment teams with one to fifty users. Teams can function in the market more successfully thanks to this efficiency improvement, which increases transaction success.
Investors Statements:
IBB Ventures’ Jessica Wimalasooriyar stated:
“We are impressed with how Assetbird has created a solution that perfectly fits the needs of medium-sized real estate companies. Finally, but just as importantly, we are completely persuaded by the way the group led by the founders, Tobias, Nico, and Christian, combines startup and industry experience to boost the potential for high-value creation for real estate enterprises.”
Emanuel Pallua of 468 Capital said:
“We see very few start-ups that have been able to establish themselves as the clear market leader in an industry so quickly despite a challenging market situation with many insolvencies, increased interest rates, and high construction costs. Now that a new growth cycle is about to begin, our investment can help Assetbird convert this into reality.”
