Plentific, a London, UK-based platform for smart property management, raised $100 Million in Series C funding.
The round was led by new investors Highland Europe and Brookfield Technology Partners, the VC arm of the eponymous real estate giant. Along with Mubadala Investment Company and RXR Digital Ventures with existing investors A/O PropTech and Target Global.
The company intends to use the funds to expand its presence in the United States and globally and use to accelerate its engineering, and product development to increase digitalization across the property and facilities management space.
Company: Plentific Ltd.
Raised: $100.0M
Round: Series C
Funding Month: August 2021
Lead Investors: Europe and Brookfield Technology Partners
Additional Investors: Mubadala Investment Company, RXR Digital Ventures, A/O PropTech, and Target Global
Company Website: https://www.plentific.com/en-gb/
Software Category: a cloud-based smart property management platform
About the Company: Founded in 2013 by CEO Cem Savas and CTO Emre Kazan, Plentific provides a cloud-based smart property management platform for landlords, property and facilities managers, and service providers, features a completely digital experience, and deep insights and analysis for data-driven decision making. The software integrates repairs, compliance, and voids management with a marketplace of more than 16,000 contractors to streamline property maintenance and provide instant insight into the health of a property portfolio.
Source: https://www.finsmes.com/2021/08/plentific-raises-100m-in-series-c-funding.html