iDWELL receives 10 million euros investment

Knight Capital and existing investors strengthen PropTech company with €10 million for platform expansion and service development

Vienna, Amsterdam, November 4, 2024 - Vienna-based PropTech company iDWELL has successfully closed a €10 million financing round. The round was led by Knight Capital, a Dutch investor. Existing investors include Flashpoint Venture and Wecken & Cie. The investment will be used to further develop the property management platform and expand the service portfolio.

Expansion in the DACH region and product diversification

iDWELL currently serves around 750 property management companies in the DACH region and supports the management of over 1.5 million residential units. CEO Alexander Roth sees enormous potential: "We want to continue to grow consistently by acquiring new property management companies, diversifying our product range and maintaining long-term partnerships in the DACH region." With the fresh funds, iDWELL aims to further expand its market position and optimize the property management sector through artificial intelligence and other financial and insurance solutions.

We want to continue to grow consistently by acquiring new property management companies, diversifying our product offering and cultivating long-term partnerships in the DACH region.

Alexander Roth, CEO iDWELL receives 10 million euros investment

Strong partnership with Knight Capital

Knight Capital, an experienced tech investor with a focus on industry-specific software solutions, is enthusiastic about iDWELL's progress and market potential. "iDWELL is perfectly positioned to provide innovative solutions in the digitizing real estate industry,"said Diederik Ingen Housz, Managing Partner of Knight Capital. The investment signals great confidence in iDWELL's business model and supports its goal to comprehensively modernize the real estate market.

About Knight Capital and iDWELL

Knight Capital is an investment firm in North West Europe investing in specialist software solutions for sectors such as real estate and healthcare. For iDWELL, a PropTech startup that has been making real estate management more efficient and transparent since 2017, the new capital represents a significant growth spurt. With a SaaS solution that focuses on greater efficiency and communication, iDWELL has over 750 customers in Austria, Germany and Switzerland.