EXPORO raises 43 million euros from investors

Hamburg — Hamburg-based fintech Exporo has closed a 43 million euro finan­cing round. New lead inves­tor Partech and exis­ting inves­tors e.ventures, Heart­core and HV Holtz­brinck Ventures are parti­ci­pa­ting in the finan­cing round. Exporo is Germany’s leading plat­form for digi­tal real estate invest­ments and enables anyone to invest in indi­vi­dual proper­ties easily, trans­par­ently, and even with small amounts, thus buil­ding a broadly diver­si­fied digi­tal real estate portfolio.

Exporo will invest the addi­tio­nal capi­tal prima­rily in stra­te­gic acti­vi­ties: The clear market leader­ship in digi­tal invest­ment in real estate in Germany is to be expan­ded even further. To this end, the exporo.de plat­form is being further deve­lo­ped and supple­men­ted with new offe­rings such as a port­fo­lio buil­der and a real-time trading plat­form. With a clear focus on neigh­bor­ing Euro­pean count­ries, inter­na­tio­nal expan­sion is also being driven forward. The team, which curr­ently consists of 140 people, is ther­e­fore to be enlar­ged, parti­cu­larly in the areas of real estate, sales and IT.

Since its foun­ding in Novem­ber 2014, Exporo has finan­ced around 200 real estate projects through more than 20,000 custo­mers, raising over 420 million euros in capi­tal. “We want to change the way people invest in real estate. To do this, we are digi­tiz­ing access and connec­ting thou­sands of private inves­tors through our online plat­form, who invest toge­ther in indi­vi­dual, profes­sio­nal proper­ties from 500 euros,” says Simon Brunke, CEO of Exporo AG.

“We give every inves­tor the oppor­tu­nity to parti­ci­pate in real estate projects through Exporo, even with small money. Until now, this busi­ness has been reser­ved for insti­tu­tio­nal inves­tors,” Brunke conti­nues. In addi­tion to finan­cing vetted, short-term real estate projects with fixed inte­rest rates, inves­tors can invest in indi­vi­dual, profes­sio­nally mana­ged proper­ties like an owner, bene­fiting from ongo­ing rental income and property appreciation.

Bruno Crémel, Gene­ral Part­ner at Partech Growth, comm­ents: “The retail real estate invest­ment market is not only a huge one, but also one of the most inef­fi­ci­ent. Many have tried to revo­lu­tio­nize it from diffe­rent direc­tions, but very few have mana­ged to combine all the key success factors in this space. Björn, Julian and Simon, who we have been follo­wing at Partech for many years, have assem­bled a diverse team with the right mix of skills between tech­no­logy, regu­la­tion and real estate exper­tise, and this is what we believe makes Exporo so unique and successful. We are very proud to contri­bute to this disrup­tion in the real estate indus­try through our part­ner­ship with Exporo and look forward to support­ing the team in the years to come.”

As is custo­mary for invest­ments in finan­cial services insti­tu­ti­ons, the imple­men­ta­tion of the finan­cing round is subject to the appr­oval of the German Fede­ral Finan­cial Super­vi­sory Autho­rity (BaFin) and the German Bundes­bank in accordance with Section 2c of the German Banking Act (KWG).

About Partech
Partech is a globally active invest­ment company with offices in San Fran­cisco, Paris, Berlin and Dakar. Partech provi­des seed, venture and growth stage capi­tal, opera­tio­nal exper­tise and stra­te­gic support to entre­pre­neurs across multi­ple conti­nents. Invest­ments range from €200,000 to €50 million and are targe­ted at a wide range of tech­no­logy compa­nies — B2B as well as B2C — and span areas from soft­ware to digi­tal brands and services to hard­ware and deep tech across all major indus­tries. Compa­nies supported by Partech have comple­ted more than 20 IPOs and over 50 major M&A tran­sac­tions with leading inter­na­tio­nal compa­nies. Partech’s current port­fo­lio: https://partechpartners.com/companies/

About HV Holtz­brinck Ventures
Since 2000, HV Holtz­brinck Ventures has been inves­t­ing in Inter­net and tech­no­logy compa­nies through various gene­ra­ti­ons of funds and is one of the most successful and finan­ci­ally stron­gest early-stage and growth inves­tors in Europe. HV has alre­ady inves­ted in more than 160 compa­nies, inclu­ding Zalando, Deli­very Hero, Flix­Bus and Scalable Capi­tal. The total of all HV funds amounts to €1.05 billion. HV supports start­ups with capi­tal between €500,000 and €40 million, making it one of the few venture capi­ta­lists in Europe that can finance start­ups across all growth phases.

About e.ventures
e.ventures (www.eventures.vc) is a global VC fund with an invest­ment focus on early and growth-stage Inter­net and soft­ware compa­nies. Since 1998, the company has inves­ted from its funds in the U.S., Europe, Asia and South America. e.ventures’ port­fo­lio includes diverse disrup­t­ors such as Acorns, Depo­sit Solu­ti­ons, Blin­kist, Farfetch, NGINX, Segment and Sonos.

About Heart­core Capital
Heart­core Capi­tal is Europe’s “consu­­mer-only” VC. Heartcore’s mission is to build defi­ning B2C brands by focu­sing enti­rely on support­ing foun­ders. Heart­core invests across Europe from its offices in Berlin, Copen­ha­gen and Paris. Heart­core is a proud inves­tor in indus­try leaders like Boozt, Neo4j, Prezi, GetY­our­Guide, Tink, Earnest, Natu­ral Cycles, Peakon, Lilly­doo, Travel­perk and Exporo.