Austrian PropTech Lystio Raises €500K To Enhance Real Estate Platform And Expand in Europe

The round includes Austrian investors as well as international business angels from Silicon Valley, including an early Google employee.

“We understood early on that distribution today is driven by content,” says co-founder Constantin Weiland. “Through our content- and creator-first approach, we were able to quickly build our own reach and convert it into direct demand for our platform.”​

Founded in 2024 by Philipp Attensam, Constantin Weiland, Mikail Celik, and Stefan Wagner, Lystio is an AI-powered real estate portal that allows users to list and discover apartments, houses, condominiums, new developments, offices, commercial properties, land, and garages for rent or sale.

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Lystio aims to become a leading real estate platform in Austria and Europe by creating a central digital infrastructure that replaces traditional “pay-to-rank” systems. Its new search system ranks listings based solely on relevance to users rather than paid placement. The platform currently in testing and is key to the company’s next growth phase.

The platform has built strong engagement, generating over 30 million video views on social media, attracting more than 30,000 followers, and now serving over 40,000 monthly users. Since launch, active listings have grown from around 4,000 to over 50,000, covering rental and owner-occupied apartments, houses, commercial properties, land and parking spaces.

The European real estate portal market is one of the largest digital sectors, generating billions in annual revenue and benefiting from strong network effects. Lystio sees structural inefficiencies in the market as opportunities for technology-driven solutions.

The platform operates on a free base model with optional premium features for property providers allowing efficient scaling of supply and demand. With the recent funding round Lystio plans to solidify its position in Austria and prepare for expansion into additional European markets.

“We are consistently investing in product quality, performance and sustainable growth,” adds co-founder Mikail Celik.

About Lystio

Lystio is revolutionizing real estate search with a fast, smart, and simple AI-powered platform. Launched just six months ago, it connects users with apartments, houses and commercial properties quickly and efficiently, transforming the way people rent or buy homes and reshaping the European property market., houses, and commercial properties quickly and efficiently, transforming the way people rent or buy homes and reshaping the European property market.