German PropTech SCALARA Raises €3M from BfW Bank for its Property Management Platform

The Brühl-based PropTech has secured new funding to enhance its 360° software platform, with BfW Bank also acquiring an additional €1.5M in shares from existing investors—marking the bank’s first-ever investment in a PropTech firm.

The latest round includes a €3M capital injection from BfW Bank, a financial institution focused on the housing industry and known for supporting innovation in real estate finance. In addition to this, the bank purchased €1.5M in shares from existing SCALARA investors, cementing its long-term strategic commitment to the platform. Meanwhile, current partners such as BeyondBuild, Bauwens, and neoteq ventures, as well as new backers, converted approximately €2M in convertible loans – a testament to the strong network of support SCALARA has built within the German startup ecosystem.

Co-founder and CEO Shari Heep said, “The fact that long-standing partners are renewing their trust and that BfW Bank is specifically supporting our vision gives our team and our customers security for the coming years. Our partners can rely on this: We remain independent and consistently focused on sustainable growth.”

Heep added, “The demands on property managers are increasing – GEG, skills shortages, new legislation. Our mission is clear: to ease the burden on property managers, not add to it. The fact that we are now developing new, practical banking components together with BfW Bank is a strong signal in a market that urgently needs integrated solutions.”

BfW Bank CEO Mark Müller commented, “SCALARA convinced us with its combination of technical excellence, legal security, and real practical relevance. The platform offers technological progress and concrete administrative relief – exactly what the industry needs right now. Our customers increasingly expect complete digital solutions. By partnering with SCALARA, we combine this expertise with our industry-specific banking know-how.”

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