Earlybird supports Metrekare

The fresh funding was drawn from the Earlybird Digital East Fund.

The VC held a first close on the fund in January 2014 on $110m. The vehicle, which has a $130m target, backs SMEs in internet, enterprise technology, technology-enabled service companies based in CEE and Turkey. Earlybird typically invests €200,000-15m per transaction.

Company
Founded in 2013 and based in Istanbul, Metrekare is a real estate listings platform. In its first year, the company recorded 100,000 listings and boasts one million monthly viewers. Users are able to buy, rent and sell real estate assets on the platform, which is also accessible via mobile devices.

People
Dan Lupu is a partner at Earlybird and worked on the deal.

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• Topics
• CEE
• Technology
• Early-stage
• Turkey