German startup Exporo has raised €16 million in a round led by Partech with participation from its previous backers e.ventures, HV Holtzbrinck Ventures and Heartcore Capital, EU-Startups writes.
Exporo develops an online marketplace that offers real estate projects as an investment opportunity. Having a slogan “Easy and direct real estate investments”, the platform offers private investors an overview of real estate projects in which they can directly invest from €500. Founded in 2014 by CEO Simon Brunke, Björn Maronde, Tim Bütecke and Julian Oertzen, Exporo has financed around 200 real estate projects through more than 20,000 clients and has raised over €420 million since then.
The fresh funding will allow Exporo to launch additional offerings, like a portfolio creator and a real-time commercial centre. The startup is also planning to expand internationally, with a focus on neighbouring European countries.
