Formerly
Yttrium invests in casavi
The Munich-based founders have developed a platform for property managers and housing companies. With fresh money, they now want to expand internationally.
Munich: The corona pandemic has also given the more conservative real estate industry a boost to digitization. During the lockdowns, many property managers and housing companies, who still worked a lot with file folders and telephones, switched to software solutions.
Casavi has particularly benefited from this trend. The Munich-based start-up has developed a digital platform for the industry. “It was a great year for us,” co-founder Oliver Stamm told Handelsblatt. According to industry estimates, sales are likely to have doubled this year to a higher single-digit million amount.
Now the company has also been able to convince other investors. Casavi has raised 20 million euros of fresh capital, as was announced on Thursday. The Series B financing round was led by digital+ Partners, Wachstumsfonds Bayern and High-Tech Gründerfonds.
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