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Credit: Chainels
Credit: Chainels

CHAINELS SECURES 3 MILLION EUROS SERIES-A INVESTMENT

Chainels has announced that it has closed a Series-A funding round, raising close to 3 million euros from Aconterra and Capricorn Partners via their Capricorn Digital Growth Fund to enhance visibility in the European proptech market.

The funding coincides with a period of disruption in the real estate industry, as companies diversify their portfolios, invest more heavily in mixed-use assets and look to more innovative solutions for digital transformation. Chainels provides the tools for managers of retail, residential, mixed-use, and office portfolios to handle this shift.

The tenant experience app includes a booking platform, a ticketing system for maintenance requests as well as data reporting and messaging functionalities—all on one platform. Each feature serves to simplify operations, improve communication, and help build more functional and profitable real estate assets by replacing outdated processes with digital solutions.

“This is a huge leap forward for the future of Chainels,” says Erwin Buckers, CEO. “As real estate companies seek out technologies that optimize property and asset management, we’ve repeatedly shown that our platform can help them succeed. Our goal is to become the go-to platform to help them lower operational costs, improve tenant satisfaction and retention, and infuse added value into their portfolios.”

“With our in-house developers and dedicated customer success team, I’m confident that we can continue to realize this vision,” said Sander Verseput, COO.

“As an investor with a focus on smart building technology, Aconterra understands the needs of the market very well and believes the Chainels platform is perfectly positioned to solve these needs,” said Tim Govaert, Venture Partner at Aconterra.

“At Capricorn Partners, we are excited to invest in Chainels given the impressive track record the team has accomplished with limited resources. We are bullish about the market potential for the Chainels solution which addresses many dimensions of a healthy relationship between tenants and property managers. Given our background in Proptech, we look forward to partnering with Aconterra to take Chainels to the next level,” said Steven Lambert, Investment Director at Capricorn Partners.