Remato announced closing funding of €450k from Lemonade Stand, Thorgate Ventures and the Zenith Family Office.
Remato, a Tartu, Estonia-based software developer for the construction industry, announced that it completed an angel funding round totalling €450k ($534k).
The money was provided by a range of local investors from Estonia, including Lemonade Stand, Thorgate Ventures, Zenith Family Office and angels Martin Villig, Martin Tajur and Martin Henk. The round was also backed by undisclosed customers of the company.
Remato, founded in 2018 by CEO Madis Lehtmets, developed a SAAS used by small and medium construction companies for administering their workforce, equipment, tasks and budget.
Prior to this round, in 2019, Remato raised €150k from Superangel.