aws Gründerfonds joins the Viennese startup Rendity as a lead investor in a seed financing round of 1.8 million euros.
We are very pleased that aws Gründerfonds trusted our expertise for this investment. Real estate crowdinvesting is trendy and Rendity offers a convincing and user-friendly solution for this. We hope that the capital will enable Rendity to successfully continue its growth and expansion course.
Markus Arzt, attorney at Brandl & Talos
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Vienna (OTS) – Rendity operates a real estate investment platform that enables small and institutional investors to invest in real estate.
The demand for crowdinvesting models has been increasing for years and is becoming increasingly popular. On the Rendity platform, private customers can invest in a real estate project from an amount of 500 euros. There are also offers for institutional investors. In addition to new construction projects, there will also be financing models for existing properties in the future. Since it was founded, over 80 real estate projects have been financed, which had an average term of 28 months and generated a 6.1 percent return for investors per year. As a result, real estate projects in Germany and Austria with a total volume of 455 million euros have been realized in recent years.
The investment by aws Gründerfonds and the real estate experts is intended to finance the company’s international growth, particularly its expansion into Germany.
The Brandl & Talos transaction team was made up of Markus Arzt and Christina Bernhart.
“We are very pleased that aws Gründerfonds trusted our expertise for this investment. Real estate crowdinvesting is trendy and Rendity offers a convincing and user-friendly solution for this. We hope that the capital will enable Rendity to successfully continue its growth and expansion course.“
Markus Arzt, attorney at Brandl & Talos.
About Rendity
The company founded by Lukas Müller, Tobias Leodolter and Paul Brezina enables online real estate investments from 500 euros. Rendity offers private and institutional investors real estate projects in urban locations from renowned project partners. The platform enables simple and direct project financing with short terms and no fees.
About aws Gründerfonds
Aws Gründerfonds is an Austrian venture capital company and has equity capital of approx. 70 million euros. The investment focus is on Austrian startups with great growth potential for start-up and follow-up financing in the startup and early growth phase (later seed and series A). Co-investors from the international network are actively involved. The aws Gründerfonds sees itself as a long-term, stable partner and offers entrepreneurial venture capital with active support. So far, more than 323 million euros have been invested in 36 investments from the areas of digital, deep tech & industry and life science together with co-investors and numerous exits have been successfully completed.
Inquiries & contact:
Press contact: Andrea Blama | communications@btp.at | T +43 (1) 522 5700 82
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