Sitowie Raises €2.7M to Accelerate Deployment of Predibat

Following an initial fundraising round in 2021, Sitowie, which specializes in predictive and sustainable real estate asset management, has closed a new €2.7m financing round “to accelerate the rollout of its Predibat software solution,” assures the company founded and chaired by Pauline Koch.

The funding was raised from Sitowie’s historical shareholders, including the Paris Region Venture Fund, a seed fund of the Île-de- France region managed by Karista, WinEquity and the FBA and PBA networks, as well as from new partners such as Axeleo Capital and 6-24 Holding.

Founded in 2018, Sitowie, with its Predibat software solution, is aimed at professionals who own and manage real estate assets. It helps them take stock of their building’s situation with regard to numerous criteria (aging materials, energy consumption, compliance with standards, adaptation to climate change, resilience etc.), propose work plan scenarios, assess their impact on the building’s trajectory over time and make the best decisions according to their own objectives.

“Sitowie is transforming property management thanks to a unique data-driven approach that reconciles economic performance and ecological transition,” sums up Eric Burdier, founder of Axeleo Capital. “Predibat embodies a new generation of decision-support software, at the crossroads of tech, predictive modeling and climate resilience.”

Sitowie, which brought its Predibat SaaS solution to market in 2022, after several years of R&D, already has more than twenty customers, the company assures via press release. The funds raised will enable the company to strengthen the financial calculation dimension integrated into Predibat, and to reinforce its marketing and sales teams, it adds.

“I am very honored by the renewed confidence of our investors in this new round of financing,” comments Pauline Koch. “It reinforces our mission: to help real estate players meet the sometimes conflicting challenges – economic, climatic, regulatory – in an increasingly demanding context.”