Proptech startup Zenhomes raises €13 million

Zenhomes, a proptech startup for property and tenant management based out of Berlin and established in 2016, has raised €13 million in a Series A funding round. Existing investors participated in the round, bringing the total amount raised by the startup since its launch to €19 million,

The vision of Zenhomes is to create an ecosystem of connected, digital platforms bringing together landlords, tenants, and service providers such as craftsmen or real estate agents. Zenhome’s core brand, Vermietet.de, is one of the only platforms in Germany that already provides private landlords and property managers with holistic digital services for property management, such as rental management, asset management or building maintenance. Users benefit from a seamless experience that allows them to increase transparency and reduce time-consuming, repetitive tasks, and financial losses due to mismanagement.

“The real estate market is changing. Investors are increasingly young players with modern assets,” said Jannes Fischer, CEO and Founder of Zenhomes. “Our core brand Vermietet.de aims at this target group and offers the perfect starting point to position Zenhomes as holistic partner for all those involved in the real estate ecosystem. Our goal is to make Vermietet.de the leading aggregator of housing in Germany within 2020.”

“The real estate industry has a lot of catching up to do, especially in the segment of private customers,” said Jürgen Fenk, CEO of SIGNA Innovations and member of the Executive Board of the SIGNA Group. “Zenhomes has taken up this challenge. With its holistic approach, the company takes a lead position in the digitalization of an entire industry. We are investing in the product and the clear vision: Together, we are creating the first comprehensive digital platform for all parties in the real estate industry.”

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