# Syte

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

- Industry: Software
- Headquarters: Munster, Germany
- Website: www.syte.ms
- Total disclosed funding: $18M
- Latest round: Series A (Sep 17, 2026)
- Investors on record: 6

## About

Based in Munster, Germany, and founded in 2021 by CEO Matthias Zuhlke, and David Nellessen, Syte GmbH is a provider of artificial intelligence (AI) engine that discovers real-estate development potentials in real-time by providing all the information needed, like calculation report, costs, revenue, and potential rental space. In September 2026, Syte GmbH raised EUR 9 million in series A funding led by Amberra, with participation from NRW.Bank, High-Tech Gruenderfonds, Vent.io, Vantage Value, and Schwarz Gruppe.
The company provides real-time property analysis software as a service (SaaS) for brokers, project developers, planners, and authorities to find and evaluate properties, automate tedious manual processes, determine development potentials, land costs, or expected rental income, show whether the respective property has enough external space for a heat pump or whether the roof surfaces are suitable for photovoltaics, show where unused resources can be converted into living space, analyze land and inventory, determine the density (GRZ, GFZ) and height of the property environment using differentiated maps, predict urban development potential, and more.Syte generates revenue from the subscription of its software packages, which include basic (EUR 290 per month), pro-analysis (EUR 990 per month), pro-search (EUR 990 per month), and premium (EUR 2,900 per month).The company will use the September 2026 funding to further automate the planning stages that precede construction and support its expansion into other European markets.

## Funding rounds

- Series A, Sep 17, 2026, $10M — NRW Bank, High-Tech Gruenderfonds, Schwarz Gruppe, Vantage Value, Vent.io, Amberra
- Seed, Jun 14, 2024, $5.3M — High-Tech Gruenderfonds, Schwarz Gruppe, Vantage Value, Vent.io
- Seed, Sep 19, 2022, $2.6M — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A
- Schwarz Gruppe — Seed, Series A
- Vantage Value (https://capitalatlas.ai/funds/vantage-value) — Seed, Series A
- Vent.io (https://capitalatlas.ai/funds/vent-io) — Seed, Series A
- NRW Bank — Series A
- Amberra (https://capitalatlas.ai/funds/amberra) — Series A