(Copyright: iStock/2Mmedia)
(Copyright: iStock/2Mmedia)

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PropTech Startup Evernest Raises EUR Six Million of Seed Funding

Hamburg, March 25, 2021 - PropTech company Evernest closed its seed funding round of EUR 6 million. Evernest will use the new capital to further develop its digital residential real estate brokerage platform and expand operations across major German cities. In addition to current investor Project A Ventures, Evernest welcomes FJ Labs and APIC as new investors.

Evernest is developing a technology-driven platform for real estate agents to digitize residential real estate transaction processes. With a comprehensive digital toolset, intelligent marketing and brokerage services, and an in-house agent training academy, Evernest is attracting Germany’s top-performing real estate agents. The Evernest platform supports its agents‘ ability to provide seamless, transparent, and efficient client experiences that make buying and selling homes effortless for all stakeholders.

The new seed investment will be used to expand Evernest‘s digital platform and establish new offices in major cities throughout Germany. In addition, Evernest will increase marketing and brand awareness initiatives and build its team to support the company’s growth plans.

In addition to Project A Ventures, which has been supporting Evernest’s vision from the beginning, APIC and US-based FJ Labs have joined the Hamburg-based company’s seed round.

"We are very pleased by the trust placed in us by our group of experienced investors," says Christian Evers, founder and CEO of Evernest. "We will use this new capital to expand across Germany and further develop our industry-leading technology platform. Data and digital processes are transforming industries, but real estate services are stuck in the stone ages. Today’s buyers and sellers don’t want to use slow, antiquated, and inefficient processes when they are involved in high-value real estate transactions. Evernest simplifies the entire residential real estate process for all key stakeholders, making buying and selling a home easy and painless."

"In any city, the best properties are typically sold by the most capable agents. Evernest is building a technology- and data-driven platform that enables high-performing brokers to increase productivity, while improving client service. Evernest has a winning formula that will establish new standards for the European premium home segment," said Anton Waitz, General Partner of Project A Ventures. "We can't think of a better team to transform the European residential real estate market."

Evernest was founded in November 2019 by former Engel & Völkers board member Christian Evers and Luisa Haxel, who was responsible for Engel & Völkers‘s digital strategy. Stefan Betzold, former Managing Director for Axel Springer‘s digital media brands in Germany, recently joined Evernest as the third member of the management board.

About Evernest

Evernest is redefining the European residential real estate market by bringing together top experts in technology, data, and real estate. The combination of extensive real estate operations experience, hyper-local agent expertise, and a proprietary technology platform enable agents to provide home buyers and sellers a seamless and transparent customer experience. Following the company’s successful Hamburg launch in 2019, Evernest is now expanding to other major German urban markets with plans for Europe-wide expansion in 2021. Find out more at www.evernest.com.