We are excited to announce that FOM portfolio company, Apaleo, has raised a €20m growth equity round led by PSG Equity! 🚀 This round includes participation from Force Over Mass, redalpine and Rockaway Capital. Apaleo have built a next-generation Property Management System (PMS) designed for modern hospitality businesses. Their unique open platform approach addresses the primary limitation of legacy PMS technology in this sector, eliminating constraints and fostering industry-wide innovation in technology applications. This latest round of funding will allow Apaleo to accelerate their international expansion, attract top-tier talent and continue the development of its cutting-edge technology. 🌎 Congratulations to Ulrich Pillau and the team on achieving this significant milestone! 🎉 #Apaleo #SaaS #SeriesB #GrowthEquity #FOM #FOMCAPIV
It’s not every day you get to share a moment this special - here’s the big news! 🚀 Apaleo secures €20 million growth equity investment led by PSG to accelerate global expansion. 🌍📢 If you happen to be in Munich, we’d love for you to join us at the Independent Hotel Show Munich to celebrate! 🎉 This milestone is yours too! Thank you for believing in our vision and being part of our journey! 🙏