The cat is finally out of the bag, and we are thrilled to announce that enter - formerly baupal - closed its 🚀 oversubscribed Series A with the backing of a stellar group of investors, including Coatue, Target Global, Foundamental, Partech and A/O PropTech Let’s Enter a new era for energy efficiency retrofits 🌎 We couldn't be more proud of our partnership with such an outstanding and mission-driven team. Congratulations to Maximilian Schroeren, Justus Menten, Alexander Müller and the whole Enter team. We are ecstatic to have been able to support you from pre-seed and look forward to continuing this for the foreseeable. With €19.4m at its disposal, Enter will cement its position as the European leader in energy-efficient retrofits and help decarbonise millions of 🏠 homes across Europe. Their platform revolutionises the way homeowners carry out energy efficiency retrofits by creating the first fully digital and centralised journey for everything required to make a house more energy efficient. The platform allows homeowners to book home energy audits, receive recommendations, find contractors, automatically apply for grants and so on, will provide access to low-cost green loans, automated energy monitoring and equipment optimisation. Jess Clemans, Investor at A/O PropTech: " The greatest CAPEX supercycle our world has ever seen is underway, with $51 trillion (before 2050) required to retrofit our buildings to achieve our climate targets - and Europe is leading the charge. Fuelled by soaring energy prices, regulation, and public sentiment, demand for energy efficiency retrofits is unprecedented in Europe. However, the under-digitised workflows and overworked installer base threaten to crack under this strain. Enter's digital-first one-stop-shop supports homeowners from the initial 🔋 energy audit to contracting installers and, ultimately, to the provision of financing. With this, Enter is creating a better experience for homeowners and easing the workload for installers. As supporters from day one, we are thrilled to welcome such a great group of new investors to the table and to continue our support of Enter." 📰 Read the press release in our latest news, and in TechCrunch [links in the comment] #VC #Startups #Retrofit #ConTech #ClimateChange #ClimateTech #Fundraise
🚀 🚀 Excited to be on this journey with you!!
Well done! Next move: embodied carbon calculations with Vizcab's technology thanks to our APIs... A/O PropTech Othmane Zrikem
Phenomenal 👏🏼
Congrats - such an important topic!
Read the press release in TechCrunch: https://techcrunch.com/2023/04/21/home-energy-assessment-startup-enter-raises-e19-4m-series-a-to-expand-in-germany-and-beyond/ Read the press release in our article: https://www.aoproptech.com/news/enter-raises-eu19-4m-to-accelerate-energy-retrofits-across-europe Lear more about Enter: https://www.enter.de/