Vienna-based startup Lystio, an AI-native real estate portal, has raised €500k in a fresh funding round. The capital will support further development of its search algorithm and AI-led product features, alongside preparations for broader European expansion.
The round includes participation from Austrian investors as well as international business angels from Silicon Valley, including an early Google employee. While modest in size, the funding reflects continued interest in early-stage platforms applying artificial intelligence to real estate discovery and infrastructure.
“We understood early on that distribution today is driven by content,” says co-founder Constantin Weiland. “Through our content- and creator-first approach, we were able to quickly build our own reach and convert it into direct demand for our platform.”
Across Europe, AI-led PropTech startups have continued to attract capital through 2025 and early 2026. Several companies operating in adjacent segments have announced notable rounds during this period.
Oslo-based Telescope raised €3.7 million to help property owners assess climate and sustainability risks. Zurich-based ScyAI secured €2 million to deliver AI-driven risk intelligence for enterprise real estate and insurance teams. Berlin-based vivanta completed a €2.5 million round to expand automated property management solutions. In the UK, London-based Orbital raised €50 million in a Series B to scale its AI platform for real estate legal workflows. Swiss PropTech Azuro also secured €5 million to develop a new property ownership model.
Collectively, these disclosed rounds represent approximately €63 million flowing into European real estate technology and related sectors.
Within this context, Lystio’s funding aligns with continued capital allocation toward AI-enabled infrastructure, automation, risk analysis, and legal tooling in real estate. However, the company remains at an earlier stage, operating with a smaller ticket size and a focused regional footprint.
Founded in 2024 by Philipp Attensam, Constantin Weiland, Mikail Celik, and Stefan Wagner, Lystio allows users to list and discover apartments, houses, new developments, commercial properties, offices, land, and garages for rent or purchase.
The company aims to build a long-term alternative to traditional real estate portals in Austria and, eventually, across Europe. Central to this ambition is replacing the widely used “pay-to-rank” model with a relevance-based search system.
Instead of prioritising paid placements, Lystio’s search algorithm is designed to rank listings solely on how well they match user intent. The technology is currently in testing, with a broader rollout expected to mark the next phase of the company’s growth.
“Our goal is to build the best platform for users and partners in the long term,” says co-founder Philipp Attensam.
Alongside product development, Lystio has focused on building organic demand. The company reports more than 30 million video views across social media platforms and over 30,000 followers. The platform currently sees more than 40,000 monthly users.
Since launch, active listings on Lystio have increased from around 4,000 to more than 50,000. These include rental and owner-occupied residential properties, new developments, commercial spaces, land, and parking options.
“We are consistently investing in product quality, performance, and sustainable growth,” adds co-founder Mikail Celik.
Lystio operates on a free base model, with optional premium features available for property providers. This structure is intended to support scalable growth while balancing supply and demand.
With the completion of this funding round, the company plans to strengthen its position in the Austrian market and lay the groundwork for expansion into additional European countries.
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