REALCUBE GmbH: Cloud platform gains new investors and further growth capital

Press Release

Cloud platform Realcube gains new investors and further growth capital

• Entry of four venture capital investors with PropTech focus
• Expansion of the Realcube platform to include estateOS Task Management
• Standard interfaces (API as a Service) remain focus of platform strategy

Munich, February 9 2023 - Munich-based technology company Realcube wins new investors and receives further growth capital. In addition to lead investor Willendorff Technologies, a venture capital investor specialising in retail tech and proptech companies, BeyondBuild, Metropol Immobiliengruppe, FPS Capital and Hamba Investments have joined the group of shareholders. At the same time, Realcube gains an operational task management for asset and property managers with the acquisition of the estateOS platform. The growth capital will be used for the technological further development of the platform: The goal is to be the market leader for cloud-based property management by 2025. To this end, additional investors and strategic partners are to be gradually acquired for the independent platform, with whom the goal of IT standardisation will be jointly pursued.

Uwe Forgber, Co-Founder and CEO of Realcube, explains: "The massive decline in the transaction business is forcing us to focus on portfolio management. With Task Management, we will further align our offering to the needs in asset management in a targeted manner. It is our aspiration to enable the digitalisation of all operational processes. This is the only way our customers can react to changes and opportunities at any time. Operational examples here are the increase of rental income, the control of current operating expenses and the energy transparency of the properties."

Alexander Reichhuber, Managing Director of BeyondBuild, added: "We are looking forward to the upcoming collaboration with Realcube. Based on consistent master data and its platform with open interfaces (API as a Service), Realcube enables the confluence of data from different service providers, tenants and technology partners. In combination with state-of-the-art technology for analyses (business intelligence, BI for short), our customers receive urgently needed, data-driven bases for decision-making for transparent and future-proof property management."

As a contribution to the creation of a uniform data language, Realcube is also acting as the initiator of DIN SPEC ESG 91475. Together with ten other companies and institutions - including the Fraunhofer Institute IAO and the German Sustainable Building Council (DGNB) - and in cooperation with the German Property Federation (ZIA), Realcube is developing a catalogue for the standardisation of ESG-relevant data.

About Realcube
Realcube is a cloud platform for fully integrated, digital real estate management. Like an app store, Realcube unites technology partners from different phases of the entire life cycle of existing properties. The currently more than 15 docked solutions include established digital companies such as 21st Real Estate, EverReal or REDi4 as well as property management systems such as Domus, Wodis or Wowinex. Through open interfaces (API as a Service), Realcube consolidates previously heterogeneous data in a central database. The evaluation of the data through business intelligence takes place in real time. The company, based in Munich, currently employs 32 people and combines a real estate value (assets under management) of approximately 16 billion euros on its platform.

About BeyondBuild
BeyondBuild is the leading technology and digitalisation platform for a sustainable and future-proof real estate industry. Supported by high-calibre investors and entrepreneurs, BeyondBuild invests capital with added value in leading technology companies or builds them up together with the founders. The goal is a holistic investment portfolio that uses an ecosystem approach to set the gold standard for tomorrow's buildings and neighbourhoods.

Company contacts
Realcube GmbH
Stollbergstrasse 22
D-80539 Munich
media@realcube.com

BeyondBuild GmbH
Holzmarkt 1
50676 Cologne
info@beyondbuild.com

Press contact
Dr. Ulrich Nagel
UNA Real Estate PR
un@una-immopr.de
www.una-immopr.de
Tel.: 0151 - 178 499 2