Hamburg — Hamburg-based fintech Exporo has closed a 43 million euro financing round. New lead investor Partech and existing investors e.ventures, Heartcore and HV Holtzbrinck Ventures are participating in the financing round. Exporo is Germany’s leading platform for digital real estate investments and enables anyone to invest in individual properties easily, transparently, and even with small amounts, thus building a broadly diversified digital real estate portfolio.
Exporo will invest the additional capital primarily in strategic activities: The clear market leadership in digital investment in real estate in Germany is to be expanded even further. To this end, the exporo.de platform is being further developed and supplemented with new offerings such as a portfolio builder and a real-time trading platform. With a clear focus on neighboring European countries, international expansion is also being driven forward. The team, which currently consists of 140 people, is therefore to be enlarged, particularly in the areas of real estate, sales and IT.
Since its founding in November 2014, Exporo has financed around 200 real estate projects through more than 20,000 customers, raising over 420 million euros in capital. “We want to change the way people invest in real estate. To do this, we are digitizing access and connecting thousands of private investors through our online platform, who invest together in individual, professional properties from 500 euros,” says Simon Brunke, CEO of Exporo AG.
“We give every investor the opportunity to participate in real estate projects through Exporo, even with small money. Until now, this business has been reserved for institutional investors,” Brunke continues. In addition to financing vetted, short-term real estate projects with fixed interest rates, investors can invest in individual, professionally managed properties like an owner, benefiting from ongoing rental income and property appreciation.
Bruno Crémel, General Partner at Partech Growth, comments: “The retail real estate investment market is not only a huge one, but also one of the most inefficient. Many have tried to revolutionize it from different directions, but very few have managed to combine all the key success factors in this space. Björn, Julian and Simon, who we have been following at Partech for many years, have assembled a diverse team with the right mix of skills between technology, regulation and real estate expertise, and this is what we believe makes Exporo so unique and successful. We are very proud to contribute to this disruption in the real estate industry through our partnership with Exporo and look forward to supporting the team in the years to come.”
As is customary for investments in financial services institutions, the implementation of the financing round is subject to the approval of the German Federal Financial Supervisory Authority (BaFin) and the German Bundesbank in accordance with Section 2c of the German Banking Act (KWG).
About Partech
Partech is a globally active investment company with offices in San Francisco, Paris, Berlin and Dakar. Partech provides seed, venture and growth stage capital, operational expertise and strategic support to entrepreneurs across multiple continents. Investments range from €200,000 to €50 million and are targeted at a wide range of technology companies — B2B as well as B2C — and span areas from software to digital brands and services to hardware and deep tech across all major industries. Companies supported by Partech have completed more than 20 IPOs and over 50 major M&A transactions with leading international companies. Partech’s current portfolio: https://partechpartners.com/companies/
About HV Holtzbrinck Ventures
Since 2000, HV Holtzbrinck Ventures has been investing in Internet and technology companies through various generations of funds and is one of the most successful and financially strongest early-stage and growth investors in Europe. HV has already invested in more than 160 companies, including Zalando, Delivery Hero, FlixBus and Scalable Capital. The total of all HV funds amounts to €1.05 billion. HV supports startups with capital between €500,000 and €40 million, making it one of the few venture capitalists in Europe that can finance startups across all growth phases.
About e.ventures
e.ventures (www.eventures.vc) is a global VC fund with an investment focus on early and growth-stage Internet and software companies. Since 1998, the company has invested from its funds in the U.S., Europe, Asia and South America. e.ventures’ portfolio includes diverse disruptors such as Acorns, Deposit Solutions, Blinkist, Farfetch, NGINX, Segment and Sonos.
About Heartcore Capital
Heartcore Capital is Europe’s “consumer-only” VC. Heartcore’s mission is to build defining B2C brands by focusing entirely on supporting founders. Heartcore invests across Europe from its offices in Berlin, Copenhagen and Paris. Heartcore is a proud investor in industry leaders like Boozt, Neo4j, Prezi, GetYourGuide, Tink, Earnest, Natural Cycles, Peakon, Lillydoo, Travelperk and Exporo.