# Vermietet.de

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vermietet-de

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.vermietet.de
- Total disclosed funding: $15M
- Latest round: Series A (Aug 12, 2019)
- Investors on record: 7

## About

Vermietet.de is a digital property management platform that simplifies real estate management for landlords, providing tools to enhance efficiency and streamline property-related tasks.Founded in 2016 and headquartered in Berlin, Germany, Vermietet.de operates a platform designed for landlords to manage rental properties more effectively. The company raised USD 14.50 mn in a Series A funding round in May 2021, attracting investments from AXA Group AG, Commerzbank, Deutsche Bank, EWE AG, Momeni Digital Ventures, Signa Innovations, and Swiss Life AG. As of this round, Vermietet.de's total funding amounts to USD 14.50 mn and its current valuation stands at USD 53.045 mn. The company has completed 2 deals to date. The founder, Dmytro, has a background in technology and entrepreneurship, contributing to the innovative aspects of the platform.Vermietet.de provides a comprehensive digital property management platform tailored for landlords. Its core service, VermietenPlus, allows efficient management of rental properties, creation of utility cost statements, and integration with banking systems for smooth transactions. Targeting over 500,000 landlords, the platform caters to individual property owners, multi-family housing managers, and larger real estate portfolios, primarily within the German market.Operating on a subscription-based model, Vermietet.de's flagship service, VermietenPlus, is available for a yearly fee with the option for monthly cancellation thereafter. The platform offers a free 30-day trial that encourages user sign-ups without the need for immediate payment. Revenue is generated through subscriptions and additional services, including tailored heating cost statements in partnership with Techem, aimed at enhancing property management efficiency.In May 2022, Vermietet.de was acquired by Scout24 SE, a move intended to enhance its integrated marketplace ecosystem. The company plans to leverage this acquisition to expand its existing offerings and develop new products. Specific details about upcoming product launches or geographic expansion have not been disclosed, but the backing from Scout24 SE suggests a strategy focused on enhancing the platform's functionalities and market reach.

## Funding rounds

- Series A, Aug 12, 2019, $15M — Deutsche Bank, Commerzbank, EWE AG, Swiss Life AG, AXA Group AG, Signa Innovations, Momeni Digital Ventures

## Investors

- Deutsche Bank — Series A
- Commerzbank (https://capitalatlas.ai/funds/commerzbank) — Series A
- EWE AG — Series A
- Swiss Life AG — Series A
- AXA Group AG — Series A
- Signa Innovations — Series A
- Momeni Digital Ventures (https://capitalatlas.ai/funds/momeni-digital-ventures) — Series A