Data collection and management platform Deepki has raised €8m in a funding round to accelerate its European expansion efforts.
Statkraft Ventures, a German investor focused on early and growth stage companies, led the investment. Other contributions came from investors including Citizen Capital, Demeter and Hi Inov Dentressangle.
Funds from the investment will be used to accelerate Deepki’s European expansion, with a focus on Germany, UK, and the Netherlands. Alongside this, the startup hopes to bolster its technological development for its predictive models, upon completing this, it will look to move into new continents.
Paris-based Deepki automates data collection, analyses it and helps real estate owners, managers, and users improve decisions.
The platform is used by banks, insurers, commercial buildings, local authorities and collective housing. Financial services utilise the platform to give a complete visibility on their real estate assets, lowering costs and improving efficiency.
STATKRAFT Ventures senior investment manager Stefan Hülsen said, “We found Deepki to be the unchallenged market leader in France. We were highly impressed by the cost savings the company is able to achieve for its customers and the ability to scale fast, adding to their portfolio tens of thousands of buildings each month.
“We look forward to accompanying Deepki on their way to become Europe’s leading fully integrated SaaS company for commercial buildings.”
Deepki’s former round raised €2.5m in its former round back in 2016, receiving support from Demeter and Hi Inov Dentressangle.
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