Hamburg-based Evernest has secured €13 million ($14.8 million U.S.) in its Series A financing round. The proptech start-up will use its fresh capital to expand in Germany and international markets while developing its end-to-end brokerage platform.

Evernest is developing a technology and data-based platform to improve the processes of residential real estate transactions for buyers, sellers, and real estate agents.

The company says its platform provides a unique blend of machine learning and data analysis to offer agents, buyers, and sellers a personalized and transparent user experience. Evernest hopes to redefine the real estate sector by making it easy to buy and sell homes in Germany.

Existing investors Project A Ventures and APIC were joined by NYC-based Prudence, as well as Spain-based Kibo Ventures and Bonsai Partners.

With data-driven business models reshaping the real estate industry, Evernest intends to be at the frontier of innovation, backed by Prudence, an early-stage VC active in the internationalt proptech industry. Evernest says that Prudence will provide valuable guidance for its product capabilities and geographical expansion. 

Founded in 2019 by Luisa Haxel and Christian Evers, former board members of Engel & Völkers, Evernest closed its seed-finance round in 2021 with €6.3 million. The additional capital has brought the start-up a total of €19.3 million.

Today, the company employs over 100 people based in Hamburg and Berlin, while providing agent training, smart marketing services, and digitized support processes.

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