Tech Company Financing Transactions
syte Funding Round
syte, based in Munster, received $5.6 million in funding from Schwarz Group, private investors and vent.io.
Transaction Overview
Company Name
Announced On
9/29/2024
Transaction Type
Venture Equity
Amount
$5,570,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to digitise and decarbonise the real estate industry through an AI-based data platform and B2B SaaS.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Engelstrasse 50
Munster, 4814
Germany
Munster, 4814
Germany
Phone
Undisclosed
Website
Email Address
Overview
The conversion of existing buildings is more relevant today than ever. The problem: So far, it has been difficult to get the necessary data. The patented AI solution from syte provides you with potential and profitability analyzes for properties with just a few clicks - tailored to your needs and in real time.
Management Team
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