Partech leads €43m round for Exporo
Partech and previous investors E.Ventures, Heartcore and HV Holtzbrinck Ventures have invested €43m in real estate investing platform Exporo.
Partech is currently investing from its Partech Growth Fund, which closed on €400m in 2016. The fund invests €10-50m in technology and digital companies that have already achieved significant revenues.
The fresh capital will be used to expand into international markets, specifically neighbouring European countries, and to expand Exporo's headcount in real estate, sales and IT. It will also invest in new capabilities for the platform, such as a portfolio creator and a real-time trading platform.
Previous funding
E.Ventures led an €8.2m funding round for the company in 2016. Heartcore Capital, Holtzbrinck and BPO Capital also participated.
E.Ventures led an investment of €8m in 2017, with participation from all existing investors and Monkfish Equity.
Company
Based in Hamburg, Exporo is a real estate crowdfunding platform that allows consumers to invest in real estate projects that were previously only accessible to institutional or professional investors, starting with investments of €500. The company was founded in 2014 and employs 140 people.
People
Partech Growth – Bruno Crémel (general partner).
Exporo – Simon Brunke (CEO).
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