Scoperty secures seven-figure investment

Munich-based proptech Scoperty has successfully completed its second financing round, securing a seven-figure sum. The startup was able to convince major Dutch bank ING and Sprengnetter of its business model.

Scoperty's service is aimed at property owners, prospective buyers, and professional, quality-certified real estate agents. The startup offers owners free information about their properties and the surrounding area, such as indicative appraisals. They can also test the attractiveness and demand for their property by being open to incoming purchase offers. The property doesn't necessarily have to be officially for sale, which allows Scoperty users to gain access to some exclusive properties.

In addition, Scoperty's experts support owners in marketing their property and throughout the transaction process. The Munich-based company also assists buyers with property acquisition, for example, with financing. For example, the proptech company can connect buyers or sellers with a certified real estate agent if they require professional on-site support during their transaction. The service is currently available in Munich, Frankfurt am Main, Hamburg, Berlin, Cologne, and the Nuremberg metropolitan region.

 "We firmly believe in making the real estate market more transparent and agile with our service. Our test phase has shown that there is a need for a new kind of digital real estate marketplace like Scoperty. Owners and prospective buyers interact independently on Scoperty and complete transactions that wouldn't have been possible without us. We are able to expand the supply of available properties through big data, bring target groups together, and digitally trigger real estate transactions."

says Michael Kasch, Managing Director of Scoperty.

In addition to the major Dutch bank ING, Sprengnetter has also invested in Scoperty. The real estate appraiser is best known in the industry for its academy, which offers, among other things, training to become a certified appraiser or expert. With this investment, ING now holds a relative majority stake in Scoperty with 36 percent, while Sprengnetter and the founders each hold 32 percent of the startup's shares.

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