Austrian PropTech Lystio Closes €500k Round To Expand Across Europe

Shared 20 February, 2026

Lystio, an AI-native real estate portal, has closed a €500k funding round to expand, with a focus on further developing its search algorithm and AI-powered features. In addition to Austrian investors, international business angels from Silicon Valley are participating, including an early Google employee.

Founded in 2024 by Philipp Attensam, Constantin Alexander Weiland, Mikail Celik, and Stefan Wagner, Lystio enables users to list and discover apartments, condominiums, houses, new developments, commercial properties, offices, land, and garages for rent and for sale. The company’s goal is to build a real estate portal for Austria and Europe and create a central digital infrastructure for the real estate market, replacing the traditional “pay-to-rank” model used by existing real estate portals.

Instead of paid placements, a new search algorithm will rank listings solely by their relevance to users. This technology is currently in testing, with rollout a key milestone in the company’s next phase of growth.

Source

SIGN UP TO RECEIVE INDUSTRY UPDATES

Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.

Join the Real Estate Community

Last chance:

Tickets to Europe's Largest Real Estate Tech Event available from £132.

*Offer ends on Friday, 7th February.

Closer to the event, tickets will go up to £1,095.

*Offer ends on Friday, 7th February.

PropTech Connect

Gain Access to the Newsletter