Stonal Secures $22 Million in Funding
Stonal, a Paris, France-based property operations SaaS platform, has secured a $22 million funding round.
The round was led by RAISE Investissement, an investment company that specializes in equity capital, recapitalization, industry consolidation, and other corporate situations. Raise Investissement serves customers in France.
The company will use the funds to fuel its expansion. The funding will enable Stonal to enhance its product and technology platform, expand into key markets like Germany and the United Kingdom, and grow its team by adding 50 talented professionals.
Founded in 2017, Stonal provides an AI-powered SaaS platform for real estate data management. The company empowers efficient management of commercial and residential buildings through its comprehensive SaaS platform. Leveraging AI technology, Stonal offers decision-making modules for ESG reporting, financial analysis, and maintenance planning, aiding in increased returns, improved productivity, and asset value preservation. Stonal serves over 130 clients across Europe.
Funding Details
Company: Stonal SAS
Raised: $22.0M
Round: Unknown
Funding Month: May 2024
Lead Investors: RAISE Investissement
Additional Investors:
Company Website: https://stonal.com/
Software Category: Real Estate Data Management