Nico Singer, CEO and founder of Neoshare
Photo: Neoshare AG

Neoshare secures 19 million euros

Munich-based scaleup Neoshare is raising €19 million ($20.5 million) in growth financing. The fresh capital will be used, among other things, to further develop its platform of the same name.

Neoshare's current €19 million financing round is being jointly led by several Volksbanken Raiffeisenbanken and a German family office. Strategic partners from the real estate industry, including the Pöttinger Real Estate Group, are also involved.

Neoshare has with has with his eponymous SaaSplatform, an end-to-end solution designed to digitize and streamline both the management and implementation of project and real estate financing. Using the platform also provides real estate companies and project developers with additional security when implementing financing projects and transactions.

In addition, the Munich-based company's consulting team supports its clients with a range of needs-based services, such as debt advisory with technology-supported structuring advice.

Financial, content & strategic support

The newly raised capital will be used to further develop the platform and expand the range of services offered. Nico Singer, CEO and founder of Neoshare, says:

"I am extremely proud and grateful that we were able to successfully implement such comprehensive growth financing with Neoshare in these challenging times. This financing not only significantly strengthened Neoshare's liquidity but also secured it for the long term. It was particularly important for us to continue to attract only strategic partners who will drive Neoshare forward not only financially, but also sustainably in its content and strategic development. It is also worth emphasizing that we have managed to fully maintain our strategic independence despite the extensive investments. I am deeply grateful to my team at Neoshare and our investors for sharing our vision and investing in it."

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