German proptech platform casavi brings home €20 million and builds expansion plans
Summary
With offices in Munich, Frankfurt and Berlin, German proptech startup casavi has just brought home a further €20 million Series B investment. Existing investors Dquadrat and WENVEST will continue to support casavi in its mission to optimise the property management sector through digital technology. Proptech is building momentum across Europe, and, owing to the pandemic, there is currently high pressure for the real estate industry to accelerate its digital transformation. The investment of Digital+, Wachstumsfonds Bayern and High-Tech Gründerfonds underscores our ambition to further strengthen our already exceptional market position and product offering.” casavi currently manages over 70,000 buildings and 1.6 million residential units in Germany, Austria and Switzerland, making it one of the leading proptech platforms in the DACH region. New features benefitting existing casavi clients will become available in early 2022, including an integration for hybrid property owner meetings and a module specifically addressing the EU Energy Efficiency Directive (EED).