Frog Capital backs McMakler's €8.5m round

Piton Capital, Mutschler Ventures and Cavalry Ventures also backed the round.

With the fresh capital, the startup aims to further its efforts on the real estate sell-side. It also plans to improve the company's website and increase marketing efforts.

London-based Frog Capital focuses on the IT, digital media and resource efficiency sectors. The investor held the first and final close for its second fund, Frog Capital II, on €90m in May this year. McMakler is the vehicle's third portfolio company.

Previous funding
In August 2015, Piton Capital, along with Lakestar and Heilemann Ventures, provided a round of seed funding to McMakler. Mutschler and Apoletto also participated in the round.

Company
McMakler is a provider of letting and selling real estate services, using a fee model with fixed prices. It combines traditional real estate advisory services with web-based technology. The business is based in Berlin and was founded in June 2015.

People
Frog Capital – Jens Düing (principal).
McMakler – Hanno Heintzenberg (managing director).

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