Berlin-based PropTech startup Seniovo has announced that it has raised a funding of €2 million in a Series A financing round. This comes after the seed round that was signed in October 2018. The investment was led by PropTech1 Ventures and IBB Beteiligungsgesellschaft as the lead investors and the German Media Pool with its print media partners.
Other real estate entrepreneurs with relevant expertise in the care sector also joined as new investors. The existing investors participated as Seniovo achieved an annual growth in revenue of over 250% (Q1 2018 to Q1 2019).