Investors give OPTIML a further 8 million euros

(CONNECT) OPTIML AG has secured 8 million euros in a seed financing round. The round was led by venture capital firms KOMPAS VC from Copenhagen and Planet A Ventures from Berlin. BitStone Capital (Cologne), The Bau Ventures (Berlin), Innovation Endeavors (Palo Alto, USA) and angel investors from the real estate and artificial intelligence sectors have also participated.

According to a press release, OPTIML will use the fresh capital to further expand its current market presence in more than 20 European countries and the USA and to hire additional staff at its headquarters in Zurich and its other center in Germany. In addition, the product expansion is to be driven forward.

Founded in 2022, the spin-off from the Swiss Federal Institute of Technology in Zurich has developed Real Estate Decision Intelligence (REDI), "a decision-making tool that helps real estate investors and managers protect net asset value and returns, optimize investment spend and internal rate of return, and manage transition risk from underwriting to exit, even as conditions change," according to the press release.

Current spreadsheets and statistical reports could not be applied to entire portfolios and would become obsolete as soon as framework conditions changed. In addition, according to OPTIML, they do not provide any decision-relevant and forward-looking evidence of what is to be financed, when this is to be done and with what impact on cash flow.

REDI is supposed to be this missing decision level. The software, which can be integrated into other software, is intended to lead the sector out of stagnation by means of secure decision-making protocols. "We have developed REDI with explainability and accuracy at portfolio level in mind, so that every recommendation can be traced back to inputs and specifications and stand up to rigorous scrutiny by lenders and IC," co-founder and CTO Jordi Campos is quoted as saying. ce/mm