Berlin-based Assetbird, a digital platform focused on automating real estate acquisitions, has raised €2.4 million in funding from 468 Capital and IBB Ventures. The company aims to modernize traditional, manual real estate processes with its software tools.
Founded four years ago by Tobias Dochow (CEO), Nico Kramp (CSO), and Christian Sauer (CTO), Assetbird provides a software solution that enables businesses to automate the tracking of offers, organize acquisition pipelines, and analyze market data. The platform caters to companies of varying sizes, enhancing the efficiency of their real estate transactions.
The recent funding will be directed toward expanding both the platform’s capabilities and the team. Assetbird continues to gain ground in the real estate software market, even in a challenging economic environment characterized by rising interest rates and high construction costs.
Emanuel Pallua of 468 Capital noted the startup’s rapid progress: “Assetbird has quickly emerged as a significant player in its sector despite difficult market conditions, including insolvencies, increased interest rates, and high costs. This investment aims to support the company’s continued growth.”
The software is designed for investment teams ranging from one to fifty users, optimizing the acquisition process from initial offer to closing. This streamlined approach helps teams operate more efficiently, potentially improving transaction outcomes.
Jessica Wimalasooriyar from IBB Ventures highlighted Assetbird’s focus on addressing the needs of medium-sized real estate firms: “Assetbird’s software offers tailored solutions that align well with the specific needs of these companies. The team’s combination of startup agility and industry experience adds significant value to the platform.”
Co-founder and CEO Tobias Dochow shared insights on the company’s progress: “From the outset, we have developed our product in collaboration with our customers, which has allowed us to establish a strong presence in the market, despite our small team size. Our focus on usability and growth has resonated well with our clients.”
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By Proptechbuzz
By Ravi Kumar