Allthings raises 2.5 million from investors
The German-Swiss proptech company Allthings has closed another financing round of CHF 2.5 million.
In addition to all previous investors and new employees, around 15 well-known executives from all segments of the real estate industry and from the technology scene, as well as the venture capital company Creathor Venture, have participated, Allthings says.
According to the company, the new investors include Dr. Beat Schwab (former Global Head of Real Estate Investment Management at Credit Suisse) and Prof. Dr. Markus Schmidiger (Head Competence Center Real Estate at Lucerne University of Applied Sciences and Arts), Lutz Basse (former CEO of SAGA), Leo Dunstheimer (former Deputy CEO of ECE), Axel König (NAI Apollo), Andreas Wende (former member of the management team at Strabag PFS, JLL and Savills) and Christoph Wittkop (Managing Director & Country Head Germany, Barings Real Estate Advisers).
"Good and sustainably successful properties are those in which all parties - i.e. tenants, owners, managers and developers - can communicate easily with each other. They also offer their users suitable digital services. Neither is the case with the majority of properties today, and Allthings can solve both in an impressive way thanks to its modular logic," says new investor Andreas Wende.
As Stefan Zanetti, founder and CEO of Allthings, says, the company's focus is now on further expansion of the platform and internationalization in the European region. With the fresh capital, he says it is now possible to "build the Developer Platform, seamlessly connect numerous ERP systems to Allthings, expand our end-to-end process engine, and expand our sales to meet international demand."
