PropTech start-up develops AI solution for property
Nestermind AG has secured further funding. The PropTech start-up specialises in artificial intelligence (AI)-based solutions for automation in the real estate industry. The funds will be used for the further technological development of Agentic AI.
The start-up Nestermind, which specialises in AI-supported automation solutions in the real estate sector, has successfully completed a substantially oversubscribed pre-seed financing round, according to a press release.
The fresh capital will be used to further develop the technology and boost the company’s national and international market presence. The Agentic AI software developed by Nestermind enables easier management of property listings, better customer communication and faster sales processes.
“We are proud to have such experienced and strategically valuable partners at our side who share our vision of taking property marketing to a new level,” said co-founder and CEO Lucas Pelloni.
The platform opens up new ways for players in the property industry to network in a data-driven ecosystem. “We are thus creating enormous efficiency potential and paving the way for a new way of working in the property industry,” co-founder and CTO Severin Wullschleger is quoted as saying.
According to the company, the software is particularly tailored to the needs of smaller SMEs in the property sector. By automating tasks such as lead generation and CRM management, they can increase efficiency and save time without having to invest in complex systems.
According to the press release, the financing was concluded with the participation of a round of investors comprising “well-known personalities from the property sector, renowned family offices and leading property companies”. The amount was not disclosed.