Real estate software pioneer qipp from Basel raises 2 million Swiss Francs from well-known software investors and real estate professionals. Marc Stilke (former CEO of leading real estate portal immobilienscout24 in Germany), Lars Grosenick (founder and CEO of Germany-based real estate CRM software provider flowfact), and Martin Strobel (until last year CEO of Baloise Insurance Group) invest in the company. qipp will primarily use the funding to grow its sales team for Germany, Austria and France and establish local subsidiaries.
Existing investors are Ariel Lüdi, who built Salesforce in Europe and ran hybris as CEO for many years, and Alois Flatz, Senior Advisor at Generation Investment Management.
Since 2015, qipp provides the powerful «Allthings» software platform to medium and large real estate asset managers and developers as well as property managers in Switzerland, Germany, France and the Netherlands. «Allthings» bundles digital services for residential and office buildings and improves the interactions between property owner, manager and tenants.
Real estate asset managers and developers benefit from the increased transparency of life in their properties and can use this information for a range of measures to increase net returns by, for example, identifying the reasons for high vacancy rates. Property managers can substantially decrease their cost through the integrated ticketing system.
Complete press release by qipp