Estonia’s real estate financing platform Estateguru raises additional funds for growth

Tallinn-based Estateguru, a real estate financing and investment platform, announced on Tuesday, March 21, that it has raised additional funding from its founders, existing shareholders, and investors.

The company says it will complete its round in March as it gets ready for additional institutional investment in the form of credit lines, which will call for higher reserves, a longer runway, and corporate capital.

What does Estateguru offer?

Founded in 2013 by Marek Pärtel and Kaspar Kaljuvee, Estateguru is a pan-European marketplace for property-backed loans for SMEs and carefully selected investment opportunities.

The company provides cross-border and digital services for debtors and investors. It does that by bringing together various service providers, SMEs, and investors on a singular digital, borderless platform.

Estateguru has raised a cumulative amount of over €9M from angel investors, founders, Seedrs, and institutions.

This comparatively small quantity of money raised (when compared to other market participants) has been strategically invested with the company’s next stages of development in mind, says the company.

The next phase of growth

In 2022, Estateguru claims to have made significant investments in technology and in preparing for expansion. 

“Because of the adaptability of our business strategy, we have been able to shift our emphasis back to profitable growth,” says the company.

In 2023, Estateguru expects that companies that have invested in technology solutions, which allow for the automation and management of data-centric processes, transactions, workflows and relationships, will be well-positioned for growth and success.

“Purpose-built platform technologies, that have demonstrated an ability to adapt to vagaries in the market, are especially attractive to venture capitalists,” says Estateguru.

After a profitable February, Estateguru is now focusing on its core markets, which has allowed the company to review and cut expenses compared to the prior year. 

“We continue to monitor costs, rationalise the business, and tighten credit policies and origination processes to establish a more sustainable, profitable business that can withstand turbulent market conditions while servicing the investment needs of our investor clients and the funding needs of our borrowers,” says Estateguru.