Zurich-based startup viboo, founded in 2022, has raised €3.3 million in a second financing round. The round was led by Realyze Ventures, with participation from Zürcher Kantonalbank, existing investors HTGF and Swisscom, along with new backers. The funding will support the company’s entry into Germany and the expansion of its product from an energy management tool to a broader building management system.
viboo offers a cloud-based management system that connects with common IoT devices such as smart thermostats in commercial buildings. Its AI predicts heating needs and adjusts them proactively, aiming to reduce energy use without compromising comfort. The system requires minimal upfront investment and can be retrofitted.
The platform is currently deployed in more than 100 buildings and has achieved average energy savings of 27%. Between the winters of 2023/24 and 2024/25, customer contract volumes increased eightfold.
Unlike providers of proprietary hardware, viboo integrates with products from established building technology manufacturers through open software interfaces. An installer app enables quick deployment by certified installers.
The company sells directly to municipalities and real estate owners while working with installation and facility management partners to scale its solution.
The fresh capital will fund viboo’s rollout in Germany, where demand is rising due to the Building Energy Act. The company also plans to extend its platform with new modules, including individual heating cost billing. Realyze Ventures will assist with go-to-market efforts through its network in the German real estate sector. Some LPs have already contracted viboo for implementations.
Felix Bünning, Co-Founder of viboo, said:
“We have built a strong foundation in Switzerland – with more than 40 satisfied customers, some already rolling out across portfolios, and significant energy savings in existing buildings. Our solution convinces because it is easy to implement, delivers fast results, and generates immediate savings. Now we are taking the next big step with our entry into our first EU market, where a combination of energy prices and regulation creates a strong pull. Realyze Ventures was our preferred partner from the start, thanks to their deep industry expertise and excellent network. With Zürcher Kantonalbank, we are also adding one of Switzerland’s most renowned early-stage investors.”
Marnix Roes, Investment Manager at Realyze Ventures, said:
“With viboo, we are investing in an innovative software solution that drives the decarbonization of existing buildings and addresses a huge market. The easy and fast implementation, combined with rapid ROI leads to high satisfaction among customers and users. Through our broad Realyze Ventures ecosystem, we will actively accelerate viboo’s go-to-market in Germany.”
Nicola Leuenberger, Investment Manager at Zürcher Kantonalbank, added:
“viboo clearly demonstrates how economic and ecological goals go hand in hand. With a plug-and-play solution delivering 20–40% energy savings annually, viboo should be on every real estate asset manager’s roadmap. We look forward to supporting viboo in the upcoming scaling phase.”
—----------------------
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar