EstateGuru has announced a new Seedrs campaign targeting up to €3m (£2.51m) to help fund the expansion of its pan-European property investment and financing platform.
This will be the third Seedrs funding round for EstateGuru. In June 2020, the platform exceeded its first funding target of €350,000 by 261 per cent. This was followed by a second funding target of €500,000 in 2021, which was overfunded by 260 per cent.
The latest Seedrs campaign will “support intensive growth and expansion plans” for the platform, as it aims to scale up its operations in two of its biggest markets – Germany and the UK.
“The third round on Seedrs shows the passion of our investors and affirms the direction of our property financing and investing platform,” said Marek Pärtel, co-founder and chairman of EstateGuru.
“The growth we’ve witnessed during the last years has given the entire EstateGuru team the ultimate drive and confidence to reach even greater heights.
“We all aim to live up to our vision of making real estate investing and financing attainable for anyone, anywhere in the world and building the best tech platform in the real estate space.”
Pärtel added that the funds raised will be used to invest in the platform’s continuing growth, as well as an expansion into two new markets, one of which is believed to be the Netherlands.