Bambus, Secures Seven-Figure Funding Round

Bambus, the innovative Proptech startup with a mission to revolutionize property ownership, has successfully raised a substantial “seven-figure sum” in its latest funding round. The investment was spearheaded by leading investors Calm/Storm, i5invest, Tenity Group, David Savasci, Nikolaus Stadler, and Jerome Balladur.

Bambus, with its operational headquarters in Vienna and Munich, positions itself as a game-changer in the property industry within Austria and Germany. Founded in 2018 by visionary entrepreneurs Franz Hoerhager and Sebastian Pfisterer, Bambus offers a groundbreaking solution for homeowners seeking liquidity while retaining property ownership.

The company’s unique proposition is elegantly simple: homeowners can sell a partial share of their property, with Bambus assuming the role of the buyer. Once the transaction is complete, Bambus is registered as co-owner of the property. However, for the homeowners, everyday life remains largely unaffected, as they can continue to reside in their property and even buy back the sold share at their convenience. In essence, Bambus enables homeowners to unlock the latent value of their property without surrendering full ownership.

Bambus employs a transparent and equitable fee structure, which is based on prevailing local market rents. In addition to this, the company charges a nominal fee upon contract termination.

Franz Hoerhager, CEO of Bambus, emphasized the transformative potential of their service, stating, “We are solving one of the biggest problems facing private property owners. Owning your own home has always been a good precaution, but it cannot simply be divided up and made liquid if necessary. Wealthy property owners therefore often lack liquidity if the property is not to be sold as a whole.”

The funding secured in this round is earmarked to further accelerate Bambus’s growth trajectory, diversify its product portfolio, and bolster its marketing efforts. This infusion of capital positions Bambus to continue its mission of reshaping the property landscape, offering homeowners a newfound avenue to leverage their property’s value without relinquishing ownership.

With the backing of prominent investors and a visionary leadership team, Bambus is poised to redefine how homeowners interact with their most significant asset – their property.