Münster-based syte raised around €5 million in a seed funding round led by Schwarz Group companies to advance its AI-powered real estate data platform.
Amount Raised
€5 Million
Round Type
Seed
MünsterSoftwareInvestors
Description
Syte has successfully secured approximately €5 million in a seed funding round to enhance its innovative AI-based data platform for the real estate sector. The funds will accelerate efforts in digitalization and decarbonization for property professionals, including banks and estate agents.
Quick answer
Syte raised €5 Million in a Seed round, dated September 27, 2024. Investors: Fabian Axthelm, Moritz Luck, Vantage Value, Cvc Vent.Io, High Tech Gründerfonds and Schwarz Group. Syte is based in Münster, North Rhine Westphalia, Germany.
- How much did Syte raise?
- Syte raised €5 Million in a Seed round on September 27, 2024.
- Who invested in Syte?
- Fabian Axthelm, Moritz Luck, Vantage Value, Cvc Vent.Io, High Tech Gründerfonds and Schwarz Group are named as investors in this round.
- What does Syte do?
- syte is the leading AI platform for the building stock, specializing in the analysis of construction and energy potential.
- Where is Syte based and how big is it?
- Syte is based in Münster, North Rhine Westphalia, Germany. Fundz records about 49 employees.
- Who are the decision-makers at Syte?
- Fundz holds 4 contacts at Syte, including the Head of Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Syte that raised within 45 days of this round, from Fundz verified event records.
- Crusoe raised $686M on November 6, 2024.
- Crusoe raised $500M (Funding Round) on October 31, 2024.
- Northflank raised $22M (Series A) on November 11, 2024.
- Auror raised $49M (Series C) on November 11, 2024.
- Bubty raised $3.2M (Seed) on November 11, 2024.
- Equal raised $10M (Funding Round) on November 10, 2024.
Who to call at Syte, and when
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Related People
Syte raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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