McMakler operates a hybrid real-estate platform in Germany that blends artificial intelligence, data science and digital workflows with a network of agents. The company positions itself as one of Europe’s fastest-growing proptech firms and a market leader in Germany. It has more than two dozen existing locations and uses digital tools to streamline marketing and transactions. McMakler plans to expand its proprietary technology and digital tools to deliver a more transparent and faster marketing process for customers. The company also intends to grow its physical footprint by expanding its existing locations in Germany and abroad. The announcement notes new investment from Warburg Pincus alongside existing shareholders, reflecting backing for the next phase of growth. McMakler operates a digital real estate platform that leverages artificial intelligence, data science and a digital transaction workflow to improve buying and selling homes. Its technology offering includes a transaction platform and advanced AI real estate valuation models. The company intends to use the new funds to further develop that technology stack. McMakler was founded in 2015 and is led by founder and CEO Felix Jahn. It employs 450 people across Germany, Austria and France, including 255 full-time real estate agents. Last year the company completed transactions worth $400m, five times the prior year’s total. McMakler is a tech-enabled full-service real estate agent that combines analysis, marketing and communication technology with personal on-site advisory by regional agents. The company is led by founders and managing directors Felix Jahn, Hanno Heintzenberg and Lukas Pieczonka. McMakler employs 450 people, including 255 permanently employed real estate agents, operating in more than 100 locations and urban agglomerations. In 2018 the company reported a 500% year-on-year increase in transaction volume with a procured real estate volume of €400m. McMakler offers end-to-end services for sellers and buyers using digital tools alongside local agent support. It plans to use new funding to enhance in-house technology and digital tools to increase efficiency, speed and transparency, and to expand teams in Germany, Austria and France. McMakler is a Berlin-based proptech startup that provides marketing services to landlords, real estate agents and people selling their homes. The company says it facilitated €50 million worth of real estate sales in the past year. It is active in 50 locations and employs about 200 people. McMakler plans to use the new financing to grow the business and expand throughout Germany. The company also intends to expand its marketing efforts and has launched its first TV commercial. After the raise the company has a reported valuation of €96 million. McMakler is a Berlin-based, tech-driven real estate agency founded in June 2015 by Lukas Pieczonka and Hanno Heintzenberg. The company combines traditional, personal real estate advisory services with web-based technology to help landlords save costs compared with conventional agencies. McMakler currently operates in 17 cities and employs about 100 people drawn from firms such as Engel & Völkers and CBRE. It will use its recent funding to continue nationwide expansion and to further develop its technology. The company raised €8.5m in a Series A funding round to support these plans.

Total raised

$115M

Funding rounds

6

Latest round

Equity

Latest activity

Oct 2019