BMH BRÄUTIGAM advises COMGY on € 25 million financing round
BMH BRÄUTIGAM has advised COMGY on its € 25 million Series B financing round. In addition to lead investor Swiss Life Asset Managers, Rivus Capital, Bonventure, SIGNA, EWE, Momeni and Verve Ventures are also investing in the Berlin-based company.
COMGY was founded in 2017 by Ruben Haas, Lukas Krauter and Simon Stürtz as a provider of smart metering services and now manages over 60,000 residential and commercial units in Germany and the EU with 60 employees.
In view of the climate crisis, rising energy prices, CO2 tax and ESG guidelines, the demands on the real estate and energy industry to sustainably reduce energy consumption and thus the CO2 footprint are also increasing. To leverage previously untapped energy saving potential in the industry, COMGY has developed its own operating system, the Comgy submetering OS. This technology makes it possible to efficiently and digitally manage the entire value chain - from the installation of metering technology to final billing. The COMGY service offering ranges from a full-service solution for the real estate industry to modular self-service (SaaS) product for self-billers, energy service providers and other metering services.
With new growth capital, the technology company aims to expand its own reach in Germany and the EU.
Background: BMH BRÄUTIGAM's team has been advising COMGY on an ongoing basis. The contact to the company came about through the advising of SIGNA Innovations as lead investor in the Series A financing round. Since then, the client relationship has been steadily expanded and strengthened.
Team BMH BRÄUTIGAM: Dr. Alexander Wulff, Maximilian Frink, Edzard Rothen, Daniel Schlichting (all Venture Capital)