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Stonal, a leading real estate SaaS platform, raises $22 million and hires Robin Rivaton as CEO to expand in Europe

Stonal, a leading real estate SaaS platform, raises $22 million and hires Robin Rivaton as CEO to expand in Europe

truestfreedom by truestfreedom
April 27, 2022
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PARIS, April 27, 2022 /PRNewswire/ — Stonal, the European property operations SaaS platform chief, has signed a brand new funding of $22 million led by RAISE Investissement to speed up its growth. This funding will allow Stonal to achieve a $100 million income goal on the European actual property SaaS market by 2027. Robin Rivaton, a acknowledged VC investor and proptech knowledgeable, joins the corporate as CEO.

Stonal was based in 2017 by Michel Tolila and Jean-Maurice Oudot, profitable entrepreneurs in actual property. Stonal permits industrial and residential buildings to be managed extra effectively by providing property-owners and asset managers a SaaS platform capturing their total portfolio. Its platform is open to a vast variety of staff, suppliers or companions (property managers, facility managers, brokers…). Its proprietary AI-powered utility reads, checks and kinds all information, paperwork and plans creating an correct and constantly up to date grasp information set. Its decision-making modules provide ESG reporting, monetary evaluation and upkeep planning to extend returns, enhance productiveness and protect worth.

In 2021, Stonal reached $11 million in revenues and have become worthwhile. Stonal helps greater than 130 shoppers, REITs, insurers, social housing organizations, asset managers, household places of work, to handle a mixed portfolio of greater than 200 million sqm all through Europe. The $22 million funding from RAISE Investissement and current shareholders will allow Stonal to take a position additional in its product and expertise platform, develop into Germany and the United Kingdom and add 50 gifted staff to the present 120-person crew. The corporate may also pursue its acquisition technique after efficiently finishing the acquisition of Labeo in 2020, the French chief in social housing with 1.3 million models. The corporate’s ambition is to achieve $100 million in revenues inside 5 years, making the most of the growing older IT infrastructure amongst main actual property asset managers.

Stonal is experiencing robust progress in revenues. Rising rates of interest and the true property trade’s dedication to internet zero carbon emissions are pushing asset house owners and managers to continually enhance their operational efficiency and return on belongings. To steer fast progress, Robin Rivaton will be a part of Stonal as CEO. Robin was a VC investor at Eurazeo and founding father of RealEstech, some of the acknowledged proptech consultants in Europe. As board member to a number of property builders and REITs in France, he has an intensive community in the true property trade.

Michel Tolila, Chairman and cofounder of Stonal : “Throughout my entrepreneurial journey in the true property trade, I’ve continually tried to enhance the data about buildings to extend return and deal with local weather change. I’m glad to welcome Robin Rivaton and RAISE Investissement to speed up progress”.

Robin Rivaton, CEO of Stonal : “The bodily “constructed” surroundings has a big impression on the altering local weather we’re experiencing. Stonal’s mission is to make buildings extra environment friendly, extra sustainable and extra reasonably priced by leveraging information and I’m proud to be a part of it”.

Aymeric Marraud des Grottes, Associate, RAISE Investissement : “Adopting bold ESG insurance policies whereas sustaining return will put actual property asset managers beneath stress. Digitizing their portfolio shall be extra essential than ever. Stonal’s distinctive AI expertise and experience in information high quality administration make them key companions of such a change. We’re glad to assist Stonal to take a position additional in its product and tech platform particularly on joint procurement, and develop into Europe“.

About Stonal

Since 2017, Stonal is the main SaaS platform for actual property efficiency, each environmentally and financially. It helps greater than 130 shoppers, REITs, insurers, social housing organizations, asset managers, household places of work, to handle a mixed portfolio of greater than 200 million sqm (together with 1.3 million dwelling models) throughout all Europe. With 120 staff, Stonal is current in France, the UK, Germany and Spain.

About RAISE Investissement

RAISE Investissement is a capital funding firm developed inside the RAISE Group, based by Clara Gaymard and Gonzague de Blignières. With €510 million of dedicated capital, the fund helps excessive progress medium- sized French firms that generate income of between €30 million and €500 million, by investing stakes of between €10 million and €50 million to assist them develop.

Emblem – https://mma.prnewswire.com/media/1804218/Stonal_Logo.jpg

SOURCE Stonal



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