# Upmin Management

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/upmin-management

- Industry: Real Estate Development & Operating Companies
- Headquarters: Berlin, Germany
- Website: www.upmin.de
- Total disclosed funding: $4.8M
- Latest round: Seed (Aug 1, 2021)
- Investors on record: 5

## About

Based in Berlin, Germany, and founded in 2021 as a spin-off from Vermietet.de, Upmin Management GmbH, offers a digital platform solution as a modern service provider for property owners and landlords. In August 2021, Upmin Management GmbH raised EUR 4 million in seed funding from Apeiron Investment Group, with participation from other investors BitStone Capital, P3A Ventures, Scout24 SE, and Swiss Life. As of 2022, the company is led by its managing director, Christoph Sieben.

The company offers various financial services that include utility bills, accounting, rental receipts and dunning, deposit management, and many more. The company also provides property and tenant management solutions including communication, contract management, and maintenance services. It assists customers in optimizing capital investment and provides craftsman communication, lease monitoring, and other services.

The company generates revenue through its monthly packages, which vary as accounting packages (EUR 14.90 per unit per month), and administration packages (EUR 35 per unit per month).

The company plans to use the August 2021 investment to accelerate its growth, make strategic acquisitions, and hire about 25 more people in the near future in the departments of development, sales, and administration.

## Funding rounds

- Seed, Aug 1, 2021, $4.8M — Swiss Life, Scout24 SE, Apeiron Investment Group, BitStone Capital, P3A Ventures

## Investors

- Swiss Life — Seed
- Scout24 SE — Seed
- Apeiron Investment Group (https://capitalatlas.ai/funds/apeiron-investment-group) — Seed
- BitStone Capital (https://capitalatlas.ai/funds/bitstone-capital) — Seed
- P3A Ventures — Seed