Swiss proptech startup emonitor announced that it has successfully raised over 5 million Swiss francs Series A financing round to further develop technologies in the “home” ecosystem.
New investors in this round include St. Galler Kantonalbank, Graubündner Kantonalbank and Luzerner Kantonalbank. Existing investor Alpana Ventures from Geneva, increased their stake in the second round.
Founded five years ago, emonitor digitalises rental and sales processes for the real estate market. The startup has several established partners, such as providers of ERP systems, real estate portals, credit-check solutions and management system.
emonitor AG employs 25 people throughout Zurich, St. Gallen and Mostar. The founders remain majority shareholders.
Daniel Baur
“For us, this round of financing is a further milestone on the way to expanding the “Home” ecosystem for everything that has to do with living and real estate. We are lookin forward to expanding into new markets and helping developers plan more affordable and sustainable real estate projects.
We are very much looking forward to working with the cantonal banks, which stand for reliability, trust and enjoy a high reputation in the real estate market.”
Daniel Baur, co-founder & CEO of emonitor AG
Featured image: The managing founders of emonitor: Daniel Baur, Christoph Craviolini & Marcel Wehrle (from left to right)
The post Swiss Proptech emonitor Raises CHF 5 Million in Series A Funding Round appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.
Comments