PropTech company iDWELL is now launching in the UK and is on its way to becoming Europe’s leading property management solution.
Vienna (OTS) – The company specializes in the digitalization of processes in real estate management and has steadily expanded into the DACH region in recent years. Already more than 900,000 portfolio units are managed with the digital property manager solution and the associated customer app. Last year, the Vienna-based startup received an investment from London-based tech VC Flashpoint.
“Our CRM platform, developed exclusively for the real estate industry, has the potential to grow further internationally,” iDWELL Founder & CEO Alexander Roth informs about the company’s market entry in the UK. “We have located relevant optimization potential in the area of digitalization and more efficient use of resources. With our product, we want to support real estate management to make processes more efficient.”
Leading communication platform in DACH region
iDWELL, headquartered in Vienna, was founded in 2017. The digital solution – bringing together property managers, landlords, tenants and service providers on one platform – is now one of the leading communication platforms with ticketing system for digital property management in the DACH region. The company continuously analyzes trends and developments in the real estate market. Through this dynamic, iDWELL is consistently developing further. The expansion to the UK is the next logical step in their success story.
Local expansion
The local expansion is driven by a team of four. It will be led by Alexander Abbott from Oxford, who already has seven years of experience in property management. “iDWELL is an outstanding product. In the UK, too, digitization in the real estate market is the big topic on everyone’s mind. Thus, we are starting at exactly the right time,” explains Abbott.
Open positions in London and Vienna
Not only has the number of digitally managed properties and customers grown rapidly over the past few years, but the number of employees has now grown to 50 people. Additional positions have been advertised for the Vienna and London locations.
About [iDWELL] (https://www.idwell.de)
The Austrian PropTech iDWELL digitizes labor- and time-consuming administration and communication processes in real estate management. The company was founded in May 2017 by business economist Alexander Roth. In 2018, iDWELL received a seven-figure investment from Gateway Ventures (formerly primeCROWD) and won the Innovation Challenge of the Vienna University of Technology and Austrian Real Estate Association (ÖVI) in 2019. The company serves well-known clients in the DACH region, such as EHL, von Rüden, MWW AG and RES Immobilien.
To initiate expansion outside the DACH region, a mid-single-digit million amount was raised from international investors. Among others, Tech VC Flashpoint based in London, as well as family office Wecken & Cie (invested in sevDesk and Delivery Hero, among others) have invested.
Photos (Image Source: Leonardo Ramirez)
[iDWELL team expands to UK]
(https://www.ots.at/redirect/files.idwell1), [Alexander Roth – CEO]
(https://www.ots.at/redirect/files.idwell2), [Alex Abbott – UK Lead]
(https://www.ots.at/redirect/files.idwell3)
iDWELL Sascha Mahdavi [email protected]
Prime Consulting Albert Haschke [email protected]
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