McMakler closes EUR 20 million financing round

Baillie Gifford, an existing investor, is leading a financing round of around EUR 20 million, while founder and CEO Felix Jahn is also investing. The company plans to use the funds for further investments in digitalization and process automation.

The real estate company McMakler has completed a successful financing round, led by its existing investor Baillie Gifford. Other existing investors such as Warburg Pincus, Frog Capital and IGP Capital also participated in the round. In addition, founder and CEO Felix Jahn invested a seven-figure sum in the company. The financing volume amounts to around 20 million euros. McMakler plans to invest the additional capital primarily in the further digitalization and automation of its operational processes in order to offer its customers even more transparency and security when selling and buying properties in a challenging market environment.

We will continue to make targeted investments in digitalization and the automation of our operational processes to make the sale of properties even more efficient for our customers.

Felix Jahn, Founder & CEO McMakler

McMakler receives another investment from Baillie Gifford, a global investment house. In January 2022, Baillie Gifford led a financing round with a double-digit million amount. The Edinburgh-based company invests in promising growth companies and supports them in the long term over a time horizon of five to ten years or longer. Baillie Gifford's portfolio companies include well-known companies such as Amazon, Tesla and Spotify, as well as German companies such as Zalando and HelloFresh, all of which have great transformational potential.

McMakler was founded in 2015 by Felix Jahn as a hybrid real estate agent. Today, the company is one of the largest estate agents in Germany and Austria, with a team of around 350 of its own estate agents in over 30 locations. According to media reports, McMakler laid off over 100 employees in the fall of 2022. You can read the article about the last EUR 50 million financing round published here directly on the Startbase.