Norway

[Funding alert] Oslo-based proptech Startup Plaace Raises €885k in Funding

Jan 15, 2024 | By Startup Rise EU

Oslo-based proptech startup Plaace raises €885k in funding with RunwayFBU as the main investor. The company's ambitious goals for commercial growth in the Nordic region will be realised through the utilisation of the funds in conjunction with strategic support.

Oslo-based proptech startup Plaace raises €885k in funding with RunwayFBU as the main investor. The company's ambitious goals for commercial growth in the Nordic region will be realised through the utilisation of the funds in conjunction with strategic support.

Along with longtime backers OBOS and Blommenholm Industrier, RunwayFBU is the lead investor in the financing round. Innovation Norway is providing support in the amount of 177k.

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Munich-based Mindfuel Secures €3.75 Million in Seed Funding
Startup Rise EU
Mar 15, 2024
recomd
Funding
[Funding alert] Fence Raises €1.8 Million in its Pre-Seed Round to Automate Debt Operations
Startup Rise EU
Nov 20, 2023
recomd
Funding
Fintech Startup Noggin HQ Secures £710K in Pre-Seed Round Funding – FUNDING NEWS
Startup Rise EU
May 1, 2024

Snorre Jordheim Myhre, CEO and co-founder of Plaace, said: “This is a vote of confidence in the work we have put in during 2023 and the results it has generated. With this capital, Plaace is even stronger in the ongoing commercial scaling, ensuring that we continue to deliver value to our customers across the Nordic region.”

Hanna Selvaag Wangsmo, Investment Manager at RunwayFBU, commented: “Plaace offers decision support in a user-friendly way to a less digitized industry. This aligns well with our investment strategy in RunwayFBU, utilizing data to improve processes and structures. The team already has tremendous execution capabilities, and we see significant international upside.”

Plaace tripled its sales, demonstrating strong growth. By signing agreements with 50 paying clients, including major firms like KLP Eiendom, Elkjøp, Norli, and Europris, the company increased its market share.

Read also - Dutch AI Startup Whispp Secures €750k in Seed Funding

About Plaace

Plaace enable Retailers, CRE Brokers, and Commercial Real Estate firms establish plans, match with sites and tenants, and work together by using data and analytics. By doing this, commercial buildings may reach their full potential and tenants can have the best possible start in life.

Read also - London-based Detected Raises €2.2 Million in Funding

Recommended Stories for You

story
Funding

Funding Wrap of the Week | European Startups Funding Roundup | March 3 – March 8

Startup Rise EU Mar 9, 2024

story
Funding

[Funding alert] European VC Firm Breega Launches €150M Fund named “Europe Seed III”

Startup Rise EU Oct 18, 2023

story
France

[Funding alert] The start-up Wealthcome Secures €1 Million to Accelerate its Development in the Fintech/Wealthtech Market

Startup Rise EU Nov 24, 2023

story
Funding

[Funding alert] Madrid-based Frenetic Raises €11.2 Million in Series A Round Funding

Startup Rise EU Nov 7, 2023

story
Finland

[Funding alert] Finnish Company Solar Foods Secures €8 Million in Funding

Startup Rise EU Nov 21, 2023

story
Funding

Caeli Wind funding news – Berlin-based Caeli Wind Secures €11 Million in Series A Round Funding

Startup Rise EU May 16, 2024