# Purpose Green Real Estate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purpose-green-real-estate

- Industry: Business Support Services
- Headquarters: Berlin, Germany
- Website: www.purpose-green.com/
- Total disclosed funding: $19M
- Latest round: Seed (Jun 20, 2024)
- Investors on record: 3

## About

Based in Berlin, Germany, and founded in 2023, Purpose Green Real Estate GmbH is a developer of an ESG platform designed to help companies adapt to sustainable energy consumption. Okitonga Member, Lucas Christel, and Lennart Christel are the co-founders of the company. In October 2023, Purpose Green Real Estate GmbH raised EUR 3.3 million in pre-seed funding from Atlantic Labs and Speedinvest. In June 2024, Purpose Green raised USD 15 million in seed funding led by Fifth Wall Ventures, with participation from Atlantic Labs and Speedinvest.

The company offers an end-to-end service including digital energy advice, renovation roadmaps, funding guidance, and energy project management, all tailored to individual needs. The firm provides a line of services, including solar thermal energy, which specializes in harnessing solar thermal energy to reduce energy consumption and promote sustainable practices; window replacement solutions improve insulation, reduce heat loss, and lower energy consumption; and insulation services that enhance energy efficiency by minimizing heat transfer, resulting in reduced energy consumption and cost savings. The Purpose Green platform offers energy-efficient modifications, green subsidies, and financing, and complete, continuing ESG management. The company’s partners include Quartier, Arcadis, ESB, Drafehn, Koluman, and others.

The organization plans to use the October 2023 funding to expand its team and product offerings.

## Funding rounds

- Seed, Jun 20, 2024, $15M — Speedinvest, Atlantic Labs, Fifth Wall Ventures
- Seed, Aug 22, 2023, $3.6M — Speedinvest, Atlantic Labs

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Seed