casavi has received a seven-figure sum in another round of financing. The Munich-based company aims to advance the digitalization of property management with its cloud-based platform.
The two seed investors Bayern Kapital and High-Tech Gründerfonds have again participated; WenVest GmbH and a family office active in the real estate sector from BayStartUP network be obtained. casavi wants to use the fresh capital to expand its innovative advantage and market leadership in the German-speaking region.
“Improve the satisfaction of property users and owners”
casavi was founded in Munich in 2015. The online platform of the same name serves as a digital link between all parties active in the real estate industry, from management to owners, tenants, and service providers. With this software-as-a-service solution, housing companies and administrations can communicate with residents more efficiently and cost-effectively, while better aligning with customer needs. For example, current information, service offerings, and documents are provided transparently and can be accessed by tenants and property owners at any time. Since its market launch, the company has already acquired over 200 customers in German-speaking countries, who together manage more than 600,000 residential units.
“Our goal is to significantly increase the level of automation in property management, thereby improving both the efficiency of management and the satisfaction of property users and owners,”
summarizes Peter Schindlmeier, Managing Director of casavi, summarizes the company's plans. This will include the use of artificial intelligence, which has so far been rarely used in property management.
"Over the past two years, casavi has developed into one of the leading PropTech companies and is now an integral part of many property management companies' own business processes. With our renewed investment, we want to support casavi in further consolidating its role as a digitalization partner for the real estate industry,"
so Roman Huber, Managing Director of Bayern Kapital.
“Enormous digitalization potential”
"We see enormous potential for digitalization and automation in the real estate industry. casavi is taking the right path to unlock this potential, which is why we are convinced that casavi will establish itself in the market long-term after its extremely successful market entry."
supplemented Kristin Müller, Investment Manager at High-Tech Gründerfonds.
