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Raue advises Tiko on Series A financing

Photo: Ana Villa­nueva, CEO of Tiko
30. August 2021

Berlin — Prop­t­ech start-up Tiko Real Estate Tech­no­lo­gies (“Tiko”) has fina­li­zed a Series A finan­cing round worth US$65 million. The funding round was led by btov Part­ners’ digi­tal tech fund and private inves­tor network. Tiko’s share­hol­ders include other well-known venture capi­tal inves­tors such as Rocket Inter­net and busi­ness angels. The equity finan­cing round was supple­men­ted by the addi­tion of a debt investor.

Tiko’s inno­va­tive tech­no­logy plat­form allows any property owner to sell a property in just a few days. This is done using a data-driven scoring algo­rithm. The finan­cing round ensu­res Tiko’s conti­nued rapid growth. In addi­tion to the conti­nuous impro­ve­ment of the valua­tion algo­rithm, the company’s inter­na­tio­nal expan­sion beyond its home market of Spain is to be driven forward in particular.

Raue advi­sed Tiko on all corpo­rate aspects of the finan­cing round under German law.

About Tiko
Tiko is a prop­t­ech company foun­ded in Spain in 2018 by CEO Sina Afra, Ana Villa­nueva, Can Günay and Paco Sahu­quillo, and is now present in Madrid, Barce­lona, Valen­cia, Bilbao, Malaga and Seville. With its inno­va­tive tech­no­logy plat­form, Tiko can provide property owners with a purchase offer within 24 hours and complete the sale of a property quickly, conve­ni­en­tly and effi­ci­ently in just a few days.

Advi­sor Tiko: Raue, Berlin(German law)
Prof. Dr. Andreas Nelle (Part­ner, Lead, Corporate/M&A, PE/VC), Dr. Michael Gläs­ner (Coun­sel, Corporate/M&A, PE/VC)

About Raue

Raue is an inter­na­tio­nally active law firm based in Berlin. She provi­des compre­hen­sive advice to natio­nal and inter­na­tio­nal compa­nies and public enti­ties on invest­ment projects, tran­sac­tions, regu­la­tory issues and conten­tious dispu­tes. For more infor­ma­tion, visit www.raue.com.

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