Estate Guru closes heavily oversubscribed crowdfund as part of €5M Series A

By Daniel Lanyon on Tuesday 9 June 2020

Alternative Lending

Just under 1100 investors from 37 countries took an equity stake in the Seedrs crowdfunding round.

Estate Guru closes heavily oversubscribed crowdfund as part of €5M Series A
Image source: Marek Partel/Estate Guru

European property-focused marketplace lender EstateGuru has today closed a €880K funding round on investment platform Seedrs, part of the company’s €5m series A-raise. 

Funds from the Seedrs round will be used for geographical expansion with Finland and Germany are on the priority list of the expansion plans for this year, developing its capital markets and institutional investments and technology improvements.

The Seedrs round closed more than 250 per cent higher than its original €350K investment target for the round. 

Our campaign happened to go live during the deepest crisis and yet, over 1000 people from 37 countries trusted and supported us”, says Marek Pärtel, co-founder and CEO of EstateGuru. 

“The largest number of investors came from Germany, where we have our biggest platform investor community as well, following by Great Britain, Estonia, the Netherlands and Lithuania. Great Britain also happens to be on our priority list for expansion”, he added. 

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