16.08.19

BMH BRÄUTIGAM advises SIGNA Innovations in Series A Financing Round of the PropTech Startup Comgy

BMH BRÄUTIGAM has advised SIGNA Innovations on the Series A financing round of the Berlin-based PropTech startup Comgy.

SIGNA Innovations was the lead investor in the round. In addition to SIGNA Innovations, EWE's venture arm also invested in Comgy. Founded in 2017 by Ruben Haas, Lukas Krauter and Simon Stürtz, Comgy specializes in digitizing the measurement, visualization and billing of heat, water and electric power consumption in real estate and is active throughout Germany from its Berlin location. Deutsche Wohnen is one of the existing shareholders. As the venture capital arm of the SIGNA Group, SIGNA Innovations invests in innovative ideas, platforms and business models related to real estate. In addition to interesting returns, SIGNA Innovations pursues the goal of making SIGNA an innovation leader. With the investment of SIGNA Innovations, Comgy has not only been able to generate fresh capital for further expansion and the establishment of scalable structures in sales, but also, according to CEO Ruben Haas, to gain a strong partner with regard to further entrepreneurial development. With the co-investment of the energy and telecommunications provider EWE, the strategy of digitizing the (sub)metering market is to be driven forward.

Background:

The contact to SIGNA Innovations has been established through our activities at VeeCee Berlin, a network of young VC investment managers, as well as through our real estate practice, which is advising the SIGNA Group on real estate and M&A transactions for many years. BMH BRÄUTIGAM is pleased to further expand and strengthen its client relationship with SIGNA.

Team BMH BRÄUTIGAM:

Dr. Alexander Wulff, Dr. Matthias Rüping (both Venture Capital)