# Propermanaged Ivs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/propermanaged-ivs

- Industry: Software
- Headquarters: Copenhagen, Denmark
- Website: www.helloproper.com
- Total disclosed funding: $7.8M
- Latest round: Seed (Nov 17, 2022)
- Investors on record: 5

## About

Based in Copenhagen, Denmark, and founded in 2017 by Morten Krarup and Jacob Funch, Proper ApS operates the real estate website Proper, where users can register and lease their properties. In March 2021, Proper ApS raised USD 4.6 million in seed funding led by byFounders, with participation from BIG Investments ApS, NREP, Prehype, Vaekstfonden and PreSeed Ventures. The company has raised a total of USD 5.25 million in funding. 

Proper ApS provides a prop-tech platform that includes services, such as digital storage of documents and attachments, collection of payments, legal services, digital contracts, lease and tax adjustments, communication services to tenants, and accounting. The company’s platform has managed more than 3,500 contracts, accounting growth rate exceeding 200% in 2020. Proper can be connected to various integrations, including e-conomic to streamline the auditing and bookkeeping. In addition, the company also offers instant customer service, phone and email support and assistance with changes to the leases.

Proper ApS plans to use its proceeds from March 2021 funding to further international expansion, intending to become the global go-to solution for long-term property rentals. In addition, the company also plans to increase the management to over 14,000 by the end of 2021.

## Funding rounds

- Seed, Nov 17, 2022, $3.1M — PreSeed Ventures, byFounders, Alfa Ventures, 14Peaks Capital
- Seed, Feb 20, 2021, $4.7M — PreSeed Ventures, Vaekstfonden, byFounders

## Investors

- PreSeed Ventures (https://capitalatlas.ai/funds/preseed-ventures) — Seed
- Vaekstfonden (https://capitalatlas.ai/funds/vaekstfonden) — Seed
- byFounders (https://capitalatlas.ai/funds/byfounders) — Seed
- Alfa Ventures (https://capitalatlas.ai/funds/alfa-ventures) — Seed
- 14Peaks Capital (https://capitalatlas.ai/funds/14peaks-capital) — Seed