Switzerland’s Proptech Startup Properti Acquires CHF 6 Million in Additional Funding

Proptech startup Properti has successfully closed a second seed financing round of 6 million Swiss francs.

With the fresh capital, Properti is accelerating its growth in Switzerland and “further expanding its proprietary tech platform.”

In addition to lead investor Serpentine Ventures, the startup also “convinced Sparrow Ventures, entrepreneur Ertan Wittwer and other renowned private investors.” Furthermore, the Proptech “strengthens its board of directors with three experts.”

As noted in an update shared with CI, the Swiss Proptech company Properti has now finalized the closing of a CHF 6 million Seed II round. The funding round is “led by lead investor Serpentine Ventures.”

Investors such as Sparrow Ventures, Ertan Wittwer and other notable business angels are also participating in the investment round.

After an initial seed funding of 1.25 million Swiss francs in December 2021, there was another rush of investors, according to CEO Levent Künzi.

This led to a second-round just six months later. Above all, the combination of a high growth cadence, in-house developed technology and consulting know-how “had convinced the investors.”

The new venture capital will “mainly flow into the expansion of the technology platform.”

Properti‘s vision is “to simplify property transactions and make them more accessible to clients, agents and service partners on a single platform.”

Digital and technical experts “provide all-round advice and clarify all concerns of buyers, tenants, sellers, and landlords, while the human component in the process handling is strengthened by technology.”

For higher customer satisfaction, 80% of these processes are “already automated, with an additional increase targeted through the freshly gained capital.”

In order for this innovative service model to succeed, Properti “relies on the hybrid combination of people and technology.”

The platform, which is based on four pillars called to service, customer, partner, and agent portal, makes it easy “to handle property search, management, and marketing, as well as all the associated partner services.”

These range “from relocation, cleaning and renovation work (painters, plasterers, floor layers, etc.) to pension, insurance, and financing solutions.”

A digital toolset “accompanies the exchange in order to offer tenants, buyers, and owners a transparent and up-to-date experience around real estate transactions.”

Levent Künzi, CEO and Co-Founder, said:

“We are extremely excited and proud that we were able to attract such high-calibre investors only six months after our first seed financing round. In view of the current difficult market situation, our vision found a gratifyingly large demand. The capital we have gained will help us keep on track with the rapid growth of our company, the advances in technology and the necessary transformation of outdated brokerage activities. Together we can continue to drive our vision of taking property services to a transparent and easily accessible level.”

Three new seats are “being taken on the Properti Board of Directors, with Max Meister, Dario Fazlic and Christoph Tonini.”

With their in-depth knowledge and valuable network, these persons will “provide important input for Properti’s future.”

As General Partner of Serpentine Ventures, Max Meister “brings many years of experience as founder, investor and chairman.”

Dario Fazlic is “an experienced entrepreneur and co-founder of DeinDeal, MOVU, Immozins and wefox group, among others, the latter being considered the largest InsureTech start-up in Europe.”

Christoph Tonini is “one of the pioneers of Swiss digital experts and was CEO of TX Group.” He is “a member of various boards of directors, including the Migros Genossenschafts-Bund and TX Group.”

Max Meister said:

“We are impressed by what Levent and Adrian Künzi have built up together with their team in a short time. We are very excited to drive the digital transformation in the real estate segment with Properti under the aspect of “people empowered by technology” and to work together to build a new market leader.”

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