# Alasco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alasco

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.alasco.de
- Total disclosed funding: $48M
- Latest round: Series B (Dec 20, 2021)
- Investors on record: 8

## About

Alasco GmbH specializes in providing an integrated financial and sustainability management platform tailored for the real estate sector, enhancing operational efficiency and regulatory compliance for property managers.Founded in 2018, Alasco GmbH operates from Munich, Germany, offering innovative financial solutions for the real estate industry. The company was co-founded by Anselm Bauer-Wohlleb, Benjamin Guenther, and Sebastian Schuon, who currently serves as CEO. In December 2021, Alasco raised USD 40 mn in Series B funding from new investors including Lightrock and Insight Partners, as well as returning investors such as Anyon Holding GmbH, Global Founders Capital, HV Capital, and Picus Capital. This funding brought the total amount raised by the company to USD 40 mn, reflecting a current company valuation of USD 173.576 mn.Alasco offers an integrated financial and sustainability management platform specifically designed for real estate. The core product provides tools for financial controlling, ESG (Environmental, Social, and Governance) management, and CapEx (capital expenditure) management. These solutions aim to streamline the budgeting and management processes for property developers and asset managers, enabling them to optimize asset performance and ensure compliance with sustainability regulations. Alasco's platform facilitates real-time tracking of budgets versus actuals, automates ESG reporting, and consolidates financial data for improved decision-making. The company serves a diverse client base, including real estate investment firms, asset managers, and sustainability consultants, primarily targeting markets in Europe, North America, and parts of Asia. The platform is designed to simplify complex processes, enhance collaboration among stakeholders, and ultimately increase assets under management (AUM) without the need for additional headcount.Alasco generates revenue through a subscription-based model, where clients pay for access to its financial and sustainability management platform. Clients typically enter into agreements that may include tiered subscription plans based on the size of their portfolio or specific functionalities utilized. This pricing structure allows for flexibility, catering to both small businesses and larger enterprises within the real estate sector. Transactions are primarily B2B, with clients using the platform to manage financial operations, execute budgetary controls, and compile ESG reports with automated features. The firm’s flagship products, which include comprehensive budgeting tools and ESG management solutions, form the basis of its value proposition, ensuring a steady revenue stream as organizations increasingly recognize the importance of integrated financial and sustainability management in their operations.Following the Series B funding round in December 2021, Alasco plans to utilize the USD 40 mn raised to hire additional staff, support product development, and expand its operations into new European markets. The company is focused on designing and launching new features for its platform to enhance client offerings. Specific geographic regions targeted for expansion have not been disclosed, but the emphasis on European markets suggests a strategic move to solidify its presence and capture greater market share in the region.

## Funding rounds

- Series B, Dec 20, 2021, $40M — Insight Partners, HV Capital, Lightrock, Global Founders Capital, Picus Capital, Anyon Holding GmbH
- Series A, May 22, 2020, $8.2M — HV Capital, Rocket Internet SE, Global Founders Capital, Picus Capital, Anyon Holding GmbH, SEK Ventures
- Seed, Dec 18, 2019 — HV Capital, Picus Capital
- Seed, Oct 8, 2018 — HV Capital, Picus Capital
- Seed, Jul 1, 2018 — Picus Capital

## Investors

- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed, Series A, Series B
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A, Series B
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series A, Series B
- Anyon Holding GmbH — Series A, Series B
- SEK Ventures — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series B