Stuttgart-based PropTech start-up dotega raises €1.3 million in fresh capital. Together with HTGF, one of the leading and most active early-stage investors in Germany and Europe, and experienced PropTech investors, including the founders of casavi, the Stuttgart-based start-up is continuing to drive forward the digital transformation of WEG Self-Administration for apartment owners’ associations in Germany (Wohnungseigentümergemeinschaft or WEG for short).
With the completion of the pre-seed financing round, dotega has received a boost for the further expansion of its PropTech platform for the smart self-management of homeowners’ associations.
Niklas Mocker, co-founder and managing director of dotega, said: “This financing is a strong signal for us – it confirms once again that we are solving a real market problem and have gained the trust of leading investors. With the support of HTGF and experienced PropTech investors, we can accelerate our growth in a targeted manner, scale our product, and establish self-management as a real alternative to traditional property management.”
Together with co-founder Lina Albert, Mocker is consistently driving the Germany-wide expansion and technological development of the platform forward – always aiming to maximize process automation in WEG management and significantly reduce the administrative burden. “WEGs should have access to first-class management – at minimal monthly cost,” emphasizes Lina Albert, co-founder of dotega.
dotega is Rethinking WEG Management – Digital, Independent, Legally Compliant:
Property managers often refuse service, and owners struggle, leaving small apartment associations to manage on their own. WEGs with 2 to 20 units face the biggest challenges. dotega delivers what the market ignores: a digital solution for WEG Self-Administration with full backup support. The intuitive web app gives owners access to all key functions: from automated annual statements and legally compliant draft resolutions to transparent business plans and digital owners’ meetings.
The focus is on three principles: legal certainty, user-friendliness, and independence from traditional property management companies.
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Around 10 million residential and commercial units in Germany are organized in WEGs – a huge market that has hardly been tapped digitally to date. This is exactly where dotega comes in: as the first scalable platform for the complete and legally compliant self-management of small owner associations.
The solution takes care of all central commercial and technical administrative tasks, including billing and meetings. In addition, it expands these services to provide technical support for renovation, value preservation, and energy efficiency measures.
Max Bergmann, Investment Manager at HTGF, comments: “dotega addresses a key challenge in the real estate sector: small WEGs urgently need efficient and affordable digital solutions. We met the ambitious team early on and admire their technological approach, strong execution skills, and deep market insight. This enables dotega to drive forward the transformation in this previously largely undigitized field and create real added value. We are excited to join the team as lead investor on this journey.”
About dotega:
dotega is the first provider of fully digitalized WEG Self-Administration for apartment owners’ associations. Moreover, the PropTech startup, based in Stuttgart, enables apartment owners’ associations to organize their administration independently, legally compliant, and efficiently, without a traditional administrator. As a result, dotega aims to provide small and medium-sized apartment owners’ associations with up to 20 units with access to a transparent, legally compliant administration solution. Consequently, the platform is seen as a response to structural market failure in the property management industry and therefore offers a digital, future-oriented alternative to traditional property management.
About HTGF – High-Tech Gründerfonds:
HTGF is one of the leading and most active early-stage investors in Germany and Europe, financing startups in the fields of Deep Tech, Industrial Tech, Climate Tech, Digital Tech, Life Sciences, and Chemistry. With its experienced investment team, HTGF supports startups in all phases of their development into international market leaders. HTGF invests in pre-seed and seed phases and can participate significantly in later-stage financing rounds. Since its inception in 2005, HTGF has financed around 800 startups and achieved 200 successful exits. HTGF has a fund volume of over 2 billion euros. Fund investors in the public-private partnership include the Federal Ministry for Economic Affairs and Energy, KfW Capital, as well as 45 companies and family offices.