German PropTech startup SCALARA raises €3 million for digital solutions in the property market

Brühl-based SCALARA, a software platform for digital property management, announced the successful conclusion of a €3 million financing round in order to expand the platform and its current offering.

The investment comes from BfW Bank – a financial institution specialising in the housing industry. In addition, BfW Bank has acquired shares worth €1.5 million from existing investors, highlighting a long-term commitment. Moreover, long-term investors and partners such as BeyondBuild, Bauwens, and neoteq ventures, as well as new investors, have converted convertible loans totalling approximately €2 million.

“The fact that long-standing partners are renewing their trust and that BfW Bank is specifically supporting our vision gives not only our team but also our customers security for the coming years,“ says Shari Heep, CEO and Co-founder of SCALARA. “Our partners can rely on this: We remain independent and consistently focused on sustainable growth.”

Founded in 2020, SCALARA is a software platform for property management. The software maps all processes of condominium, rental and special property management. SCALARA digitises the entire day-to-day business of property managers, including certified accounting with integrated payment transactions, intelligent document management and central communication functions.

With the fresh capital, SCALARA’s focus is on the development of new functions, designed in cooperation with BfW Bank – including fully digital application channels and seamlessly integrated banking products. This will speed up previously time-consuming banking processes, while bringing banking and accounting even closer together – a gain in efficiency for day-to-day management.

“The demands on property managers are increasing – GEG, skills shortages, new legislation. Our mission is clear: to ease the burden on property managers, not add to it,” adds Heep. “The fact that we are now developing new, practical banking components together with BfW Bank is a strong signal in a market that urgently needs integrated solutions.”

In times of growing regulatory requirements, SCALARA argues that increasing pressure to professionalise and an acute shortage of skilled workers, has opened a gap for them to offer a practical, future-proof solution for property management companies in Germany and beyond.

Mark Müller, CEO of BfW Bank, adds: “SCALARA convinced us with its combination of technical excellence, legal security, and real practical relevance. The platform offers not only technological progress, but also concrete administrative relief – exactly what the industry needs right now. Our customers increasingly expect complete digital solutions. By partnering with SCALARA, we are combining this expertise with our industry-specific banking know-how.”

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