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Deal News - GreenGate Partners advises redalpine and 6 Degrees Capital on financing round of Apaleo GmbH
Munich-based software development company apaleo is an API-first property management platform helping hotels and flat groups create the ultimate experience for guests and staff.
With features such as native multi-property management, process automation and unrestricted data access, clients can scale their hospitality operations. Unlike traditional all-in-one solutions, apaleo’s API-first model enables seamless integration with over 250 specialized applications. This allows hotels and flat groups to build flexible technology packages that are optimized for their individual requirements.
apaleo has expanded its fast-growing portfolio to over 30 countries worldwide. The platform is now used in more than 85,000 units at over 1,700 locations in various markets. With the new funding of 20 million euros, apaleo plans to drive its international expansion, bring outstanding specialists on board and further develop its platform technology.
About Redalpine
Redalpine is a leading European venture capital investor based in Switzerland with more than 85 portfolio companies. The firm provides support not only with financial investments, but also with internal operational and technical expertise and a broad international network.
About 6 Degrees
6 Degrees Capital is an early-stage VC fund. The fund invests in startups from Seed to Series B across Fintech and SaaS.
Advisors GreenGate Partners
René Spitz LL.M. (USC) (Lead / Corporate / Munich / Partner)
Dr. Leonie Singer, LLM (Sydney) (Corporate / Munich / Associate)
Constantin Forstner (Corporate / Munich / Associate)
Carl von Sydow (Corporate / Munich / Associate)