Homepal has announced closing their recent investment round, making SF Ventures, Quinary Investment and Mist Ventures their new owners, together with its existing owner – Lund University’s holding company, LU Holding.
“We have worked to find the right partners for a long period, and it feels good that we finally have the investors we wanted from the beginning”, says Niklas Hellgren, co-founder and responsible for the investment round at Homepal.
Seeing the struggles of the real estate industry, Homepal was founded in 2019, and it offers a central platform for master data where residential and commercial real estate companies can manage and streamline their data management. The investment round is a strategically important step in securing future development and attracting partners with solid experience and a broad network. Aside from this, they can also optimize services such as vacation rental photography in order to boost their marketing efforts.
“A strong team and a good idea to give real estate companies control of their own data. That is the reason why this investment round can be closed. I am glad that Homepal is now gaining more power in its work to solve the tight IT knots among customers and welcomes investors on this exciting journey”, says Lars Björklund, Chairman of the Board of Homepal.
In connection with the investment, Rasmus Persson will take over the role of CEO of Homepal. Rasmus is a co-founder and has worked for a long time in the company. Former CEO Kevin Kimaryo will instead take a seat on the board, where Richard Lindqvist from SF Ventures will also be a new member. The new owners highlight the founding team’s will, ambition and ability to innovate as a significant factor in the continued work.
“There is no doubt that data management and ensuring its quality will be an important part of future property management. Likewise, other new technical services and their necessary integration processes will be significant, something Homepal greatly simplifies. We are happy to now be a part of this exciting industry development and work together with a dedicated team, determined to create new standards for the industry. Since the first time we met the founders, they have been responsive, shown great innovation ability and a genuine desire to improve the real estate industry”, says Andreas Nordgren, Managing Partner at SF Ventures.