Luxembourg-based proptech startup Kodehyve raises €1 million in seed round

Luxembourg-based construction and commercialisation project B2B software maker Kodehyve has raised €1 Million in seed round. The private equity round arrives via a cohort of investors from Luxembourg and Singapore including Laurent Schonckert (CEO of Cactus), Frank Veyder (former investor and COO at Slightly Mad Studios), John Li (former Managing Partner and Chairman at KPMG), Eric van de Kerkhove (former Partner at Deloitte), Benoit Schaus (former Partner at Deloitte), Bruno Beernaerts (former Managing Director at Capita and Partner at Deloitte), real estate investors Robert Godart and Charles Sunnen. Kodehyve reports that the funding will be  used to further develop the collaboration tool and expand into new European markets.

Founded in 2020 by Felix Hemmerling and Julien Casse, Kodehyve aims to replace the vast collection of tools, inefficient workflows, and outdated user experiences found within the real estate development world. The B2B collaboration software feautres in-house built modules as well as third party APIs to real estate professionals with a specific focus on project management, customer relationship management, and financial and data analysis.

Offering a white-label solution, customers have access to task and deadline management, information and document exchange flows, customer onboarding, e-signatures, KYC and AML checks, billing, live chat, budgeting, and financial analysis.

“We live in the year 2021 and real estate still largely relies on outdated processes. From lengthy email exchanges to physical mail and phone calls, the real estate market is lagging at least 5 to 10 years behind the financial industry when it comes to digitalisation and the general use of powerful solutions. Our vision is to make the real estate market 100% digital, and we know it is possible,” concludes CTO and co-founder Julien Casse.

Unconfirmed reports also indicate that official, "feel-good office dog" Vixy will, in fact, receive a bone and a scratch on the head.