Bavaria Capital participates in the casavi GmbHThe Munich-based company has developed a digital platform for property management and real estate companies. The "software-as-a-service" platform helps housing companies increase their efficiency, reduce costs, and achieve greater customer satisfaction. Together with High-Tech Gründerfonds, Bayern Kapital is financing casavi's further growth and product development.
Digitalization is only slowly reaching certain industries. Property management and housing companies have not yet been among the digital trendsetters. The Munich-based startup casavi aims to change this with its "software-as-a-service" platform optimized for this industry, opening up new avenues for companies in the areas of customer support and service provision.
“In Germany alone, more than 20,000 companies are involved in managing the nationwide housing stock and play a central role in the residential environment,”
says Peter Schindlmeier, Managing Director of casavi GmbH, on the current situation in the German housing industry. The responsibilities of property management companies range from providing residents with up-to-date information to coordinating maintenance work and billing issues. Property management companies have traditionally provided these services in the background. However, they are increasingly confronted with the desire of property owners and tenants for greater transparency, better accessibility, and increased service convenience, explains Peter Schindlmeier.
The casavi customer service platform enables companies of all sizes to enter the digital customer service market. The casavi platform aims to improve customer satisfaction and generate cost and efficiency benefits for the housing industry. For example, casavi helps avoid redundant inquiries, reduce postage costs through digital document provision, and link service requests with internal systems in a process-optimized manner. Following a pilot phase with selected pilot customers, the casavi platform has been available since fall 2015 and is now used by over 20 companies for digitally supported tenant and homeowner support.
“casavi is a company with great growth potential, which convinced us above all through its positioning in an attractive market segment and its promising business idea,”
Roman Huber, Managing Director of Bayern Kapital, explains the decision to invest in the company. The initial contact between the company and investors took place at the BayStartup start-up consultancy. Bayern Kapital, together with High-Tech Gründerfonds, is investing in casavi…
Read the full article at Bayern Kapital
About the casavi GmbH:
Munich-based casavi GmbH develops a specialized web platform and mobile apps for digital condominium and tenant management. With the help of the casavi solution, property managers and housing companies can make communication and service processes in the residential environment not only simpler and more efficient, but also more customer-friendly. Digital services such as online property notices, access to important documents, and damage reports are thus available to tenants and property owners anytime, anywhere. In 2015, the founding team received funding from the EXIST start-up grant from the BMWi and the EU. High-Tech Gründerfonds and Bayern Kapital have been involved as investors in the company since February 2016. www.casavi.de
About Bayern Kapital:
Bayern Kapital GmbH, based in Landshut, was founded in 1995 on the initiative of the Bavarian state government as a wholly-owned subsidiary of LfA Förderbank Bayern. As the venture capital company of the Free State of Bavaria, Bayern Kapital provides equity capital to the founders of innovative high-tech companies and young, innovative technology companies in Bavaria. Bayern Kapital currently manages ten investment funds with a total investment volume of approximately €340 million. To date, Bayern Kapital has invested more than €210 million in equity capital in around 235 innovative, technology-oriented companies from a wide range of sectors, including life sciences, software & IT, medical technology, materials & new materials, nanotechnology, and environmental technology. This has created over 5,000 permanent jobs in future-oriented companies in Bavaria. www.bayernkapital.de
