Pigello announced a SEK 8 million in a new financing round backed by PropTech Farm

Pigello, a Stockholm, Sweden-based startup building software for the real estate industry, raised SEK 8 million ($800k) in a new equity round.

The money was raised locally from existing investors from Sweden PropTech Farm.

Pigello, founded in 2019 as Atlas Fastighet by CEO Alexander Olsson, developed a platform that automates the management of real estate through integrations and AI via an aggegated marketplace. The purpose of the platform is to let real estate companies own their data and work process-oriented with the help of a platform that provides automated processes for both financial, technical and administrative management. The company says it has onboarded 25 system vendors that are integrated with the platform.

Prior to this round, Pigello raised half a million in 2021.