Herbst Kinsky advised Propster on its EUR 3 mio financing round
Herbst Kinsky advised the Viennese PropTech startup Propster in the course of their seed financing round. Led by Austrian aws Gründerfonds, Axeleo from France, Pi Labs from the UK, private investors and existing investors Allinvest Unternehmensbeteiligung and Ertler Holding invested a total of EUR 3 mio.
Launched in 2017 as Sonderwunsch Meister, the Vienna-based PropTech now operates under the Propster brand and offers a platform that enables buyers, tenants and investors to purchase, configure and transact real estate online. The complete digital package is intended to cover the entire project cycle.
Attorney Felix Kernbichler, who led the transaction at Herbst Kinsky: “We are very pleased that Milan Zahradnik and his team were able to attract such prominent investors for the seed financing round. We are convinced that Propster has thus not only reached a financial milestone, but also taken a decisive step for its further development and the opening of new markets.”
“Over the last few years the team at Propster has demonstrated the perseverance that is crucial for a startup. We congratulate the team on the financing round and are very pleased that Propster has relied on our expertise since its foundation,” says Philipp Kinsky, Partner at Herbst Kinsky.