Sigtree Technologies, a Prop-Tech start-up that targets real estate developers, aims to attract financing worth 500.000 Euro, out of which 250.000 on SeedBlink.
Thus, 7,14% of the company’s stocks are to be put up for sale.
The investment round is supported by two private investors with experience in technology and real estate through a 250.000 Euro investment.
The funds will be directed towards the company’s expansion on other European markets, such as Poland, Hungary, Czechia, Spain and Great Britain.
The company was launched in 2018 by Vlad Costea, with 14 years of IT and Telcom experience, out of which the last 8 within the Ericsson multinational company.
The start-up quickly attracted two other former coworkers from Ericsson who joined as founders, Octavian Cazanciu and Razvan Dumitru, each with 10+ years of IT experience.
Sigtree Technologies is valuated at 3 million euro pre-money. For 2022, the management targets a turnover of 650.000 euro, 10 times higher than in 2021.
