Brickwise raised €3.1 million seed investment from Yabeo, 42virtual and mantaray

Brickwise, a Vienna, Austria-based real estate fintech operator, announced securing a seed funding round closed at €3.1 million ($3.5M).

The money was raised from investors led by the Munich-based VC Yabeo, joined by two family offices from Germany whose name was not disclosed and by the Austrian companies 42virtual and mantaray.

Proceeds will be used for marketing and the further development of the product. V

Brickwise, founded in 2019 by Valentin Perkonigg, Marco Neumayer and CEO Michael Murg, developed a digital marketplace that offers the option of trading digitized real estate shares, allowing small investors participate in the real estate market.