Piney Raises €1.6M Seed

Piney, a Cyprus-founded proptech company that provides automated operations and cleaning coordination for short- and mid-term rental property managers, has raised €1.6 million in a Seed round. This new injection of capital brings the company's total funding to €2.8 million.

Investors

The funding round was led by Uni.fund, with participation from 33East.

Piney Use of Funds

Piney plans to use the capital to deepen its market presence in existing European hubs, accelerate the development of its technology platform—specifically focusing on expanding its artificial intelligence capabilities—and drive global market expansion, beginning with its recent entry into the Miami market.

About Piney

Founded in 2022 by CEO Nikolas Chrysostomou, Piney provides a unified operating technology layer for property managers. The company's platform automates cleaning, laundry, linen management, and amenity supply chain tasks, utilizing computer vision AI to conduct real-time quality checks on rental properties to ensure consistency across portfolios.

Funding Details

Company Website: https://piney.eu

Company: Piney
Raised: €1.6M
Round: Seed
Funding Date: September 3, 2026
Lead Investor: Uni.fund
Additional Investors: 33East
Software Category: PropTech
Source: https://www.therecursive.com/cyprus-founded-piney-raises-eur1-6m/