McMakler collects $20m in funding

McMakler, German PropTech platform, has collected $20m in its latest funding round.

The capital was led by Balderton Capital’s Liquidity I Find and GR Capital. This is McMakler’s second round of funding this year, having already closed a $59m Series C from Growth Partners and Target Global.

Proceeds from the funding will be used to further develop McMakler’s technology its transaction platform and AI real estate valuation models.

Founded in 2015, the PropTech solution combines technology-based tools with a personal advisory. The platform enables consumers to search for properties as well as get valuations on their own builds, with a broker available for support.

Balderton Capital partner Daniel Waterhouse said, “McMakler is blending the best of data science, digital workflow, and scale to radically improve the experience and success of buying and selling a home.

“It has unrivalled insight into the German real estate market, already manages an impressive level of property transactions and has a strong vision and ambition for where to go from here. We are delighted to be partnering with Felix and the team for the next phase of growth.”

Copyright © 2019 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.