Inreal: Proptech also wants to expand in Switzerland
South German proptech company Inreal Technologies has raised $3 million from investors to expand in the DACH region.
According to Inreal Technologies, the company has received $3 million in growth financing from existing and new investors. New additions to the group of shareholders of the Karlsruhe and New York-based company include private equity firm Dr. Hettich Beteiligungen and Michael Spies, former European head of Tishman Speyer and founder of Fuse Strategies. All existing investors have also subscribed to additional shares.
The fresh capital will initially be used for further company growth in the core markets of Germany, Austria and Switzerland, Inreal says. The company specializes in the digitalization of presentation and marketing processes for real estate and neighborhoods. It develops software solutions to improve the sale of real estate, such as 3D simulations, online configurators and a data analysis module.
Inreal says it has now virtually mapped around 450 properties and some 5.2 million square meters of space, including the Grand Tower in Frankfurt, Germany's tallest residential tower. According to the company, its clients include Art-Invest, Credit Suisse and Deka Immobilien. (ah)
