The company metr has closed a Series A financing round of six million euros. Metr is a solution provider for a sustainable and digital real estate industry.

metr intends to use the round to develop further digital solutions for a sustainable real estate industry and to increase the size of its team. The company offers data-driven solutions for technical building equipment , including partner integrations. The smart platform of metr enables the real estate industry to manage different solutions through a central dashboard and increase the energy efficiency of buildings.

“In this way, we will further digitize the real estate industry and thus come closer to our goal of significantly reducing CO2 emissions from buildings.” (Dr. Franka Birke, CEO & Founder metr Building Management Systems GmbH)

metr has launched AI-supported heating optimization in addition to remote monitoring of heating and drinking water systems. Not least because of this, the young company was able to triple a customer base and convince its backers. The new investors in metr are the WIKA Group, the BraWo Group and Mujinzo Labs GmbH. Existing investors such as NBT AG and early business angels also increased their investments in this round.

“metr convinced us with its solutions, but above all with its platform. Because data transparency is the basis for efficiency gains.” (Alexander Wiegand, Member of the Board WIKA Group)

Source: Startbase