# KIWI.KI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kiwi-ki

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.kiwi.ki
- Total disclosed funding: $19M
- Latest round: Seed (Jan 15, 2021)
- Investors on record: 10

## About

KIWI.KI GmbH specializes in digital locking solutions tailored for the residential real estate sector, providing innovative keyless access systems to enhance security and streamline property management processes.Founded in 2012 and headquartered in Berlin, Germany, KIWI.KI GmbH develops digital access solutions for buildings. The company's founders, Christian Bogatu and Peter Dietrich, have brought their expertise to create a unique product offering that meets the needs of property management. The company has successfully raised USD 2.50 mn in Seed funding on September 15, 2022, involving investors like Appyhigh Technology LLP, CORE91 VC, and PointOne Capital. KIWI has participated in 9 investment deals to date, focusing primarily on the German market while also expanding its services to Austria and Switzerland.KIWI offers a comprehensive digital locking system designed for the residential real estate market, facilitating keyless access solutions for both new constructions and existing buildings. The KIWI platform allows centralized management of door, gate, and garage access through an online interface, providing property management companies and tenants with enhanced security and convenience. The company currently serves over 600 clients, addressing challenges such as the need for real-time access modifications and eliminating the hassle of physical key exchanges.KIWI's revenue model is built on subscription-based services and direct sales to property management firms and real estate developers. Each client typically incurs initial costs around 900 euros for implementing the KIWI access system, which generates recurring revenue through software subscriptions and service contracts for ongoing maintenance. The firm's product lineup, including KIWI Smart Entry and KIWI Blue, ensures that clients benefit from advanced digital management capabilities.As part of its growth strategy, KIWI.KI GmbH plans to introduce new products designed to enhance user experience and expand its market reach. The funding raised in September 2022 will be utilized to support these product developments and facilitate entry into additional international markets. KIWI aims to strengthen its presence in the residential real estate sector beyond Germany, targeting strategic expansions throughout Europe in the coming years.

## Funding rounds

- Seed, Jan 15, 2021, $2.5M — PointOne Capital, Appyhigh Technology LLP, CORE91 VC
- Series B, Mar 16, 2020, $11M — Deutsche Wohnen, SquareOne, Arbonia Management AG
- Series B, Sep 18, 2018 — Deutsche Wohnen, Arbonia Management AG, J.F. Müller & Sohn, Vermeers GmbH
- Series B, Sep 16, 2016 — J.F. Müller & Sohn, Nagel Invest & Consult GmbH, Vermeers GmbH
- Series A, Mar 27, 2015, $4.3M — SquareOne, JF Müller & Sohn
- Seed, Feb 1, 2014, $1.4M — SquareOne

## Investors

- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed, Series A, Series B
- JF Müller & Sohn — Series A
- J.F. Müller & Sohn (https://capitalatlas.ai/funds/j-f-muller-sohn) — Series B
- Nagel Invest & Consult GmbH — Series B
- Vermeers GmbH — Series B
- Deutsche Wohnen — Series B
- Arbonia Management AG — Series B
- PointOne Capital (https://capitalatlas.ai/funds/pointone-capital) — Seed
- Appyhigh Technology LLP — Seed
- CORE91 VC (https://capitalatlas.ai/funds/core91-vc) — Seed