# Casavi

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.casavi.de
- Total disclosed funding: $23M
- Latest round: Series B (Nov 5, 2021)
- Investors on record: 3

## About

Casavi GmbH is a Munich-based software company focused on digitalizing property management, enhancing operational efficiency in the real estate sector through innovative solutions for property managers and housing associations.Founded in 2015 and headquartered in Munich, Germany, Casavi GmbH specializes in cloud-based software for real estate and housing management. The company has successfully completed four investment deals, with its latest funding round being a Series B in November 2021, raising EUR 20.000 mn led by Yttrium, alongside Bayern Kapital and High-Tech Gründerfonds. The founders include David Klötzer, David Langer, Oliver Stamm, and Stefan Polletin, with Peter Schindlmeier serving as the CEO.Casavi offers a cloud-based software solution designed to streamline operations within the real estate and housing sectors. The core product focuses on enhancing efficiency through digitalization, enabling clients to manage properties and optimize communication with tenants and service providers seamlessly. By leveraging advanced features such as a customer portal, task management, and integration with over 40 partner solutions, Casavi addresses critical pain points such as lengthy communication processes and inefficient manual workflows. The platform is utilized by property management firms, real estate companies, and housing associations primarily in German-speaking markets, including Germany, Austria, and Switzerland. Customers benefit from improved productivity, reduced operational costs, and heightened customer satisfaction through the use of the software in their daily management tasks.For the most recent fiscal year 2022, Casavi reported a revenue of EUR 6,574,651.30, with an EBITDA amounting to EUR -5,973,942.70, indicating the company's current financial position and operational expenditures.Following its Series B funding round in November 2021, Casavi plans to utilize the EUR 20.000 mn raised to expand its product offerings and accelerate growth throughout Europe. The company is focused on developing new features and enhancements to its software solutions while targeting expansion into new geographic markets beyond its current presence in German-speaking regions.

## Funding rounds

- Series B, Nov 5, 2021, $23M — High-Tech Gruenderfonds, Bayern Kapital, Yttrium

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series B
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series B
- Yttrium (https://capitalatlas.ai/funds/yttrium) — Series B
