VC firms back CHF 13.7m series-A for Allthings
A consortium of VC firms has invested in a CHF 13.7m series-A funding round for property management software company Allthings.
The round was led by Earlybird and Idinvest Partners, with participation from Kingstone Capital Partners and existing investors Creathor Ventures and Technologiefonds.
The fresh capital will be used to further develop the platform and expand into other European countries.
Previous funding
Creathor led a CHF 2.5m funding round for Allthings in June 2017. A group of 15 private investors from the real estate industry also participated in the round.
Company
Allthings was founded in 2013 in Basel and now has additional offices in Berlin and Freiburg. It creates software for the management of property, including regulation of energy and water consumption, booking shared resources and issuing damage reports to the property manager. It also links to technology-enabled objects such as light bulbs and dishwashers.
People
Earlybird – Fabian Heilemann (partner).
Idinvest Partners – Matthieu Bonamy (senior investment director).
Allthings – Marc Beermann (COO).
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