Plentific has secured a $100 million Series C funding round to accelerate its growth and expansion into the U.S. market, co-led by Highland Europe and Brookfield Ventures.

Information on the Target

Plentific, a rapidly growing property management technology firm, has announced a significant $100 million funding round, a critical milestone that highlights its ambition to transform property management on a global scale. Established by founders Cem and Emre in late 2018, Plentific focuses on enhancing efficiency in property management through its innovative software platform. The company provides a comprehensive solution that integrates tenant communications, maintenance requests, and data analytics, thus creating a seamless experience for landlords.

Since its inception, Plentific has successfully piloted its services within challenging environments, such as mid-tier cities in Germany, proving its resilience and adaptability. The firm currently manages over 70,000 units and is continually expanding its portfolio, showcasing its ability to grow even in less familiar markets.

Industry Overview in the Target’s Specific Country

Plentific operates within the property management industry, which is historically characterized by inefficiencies and a lack of integration. The UK and Germany have experienced significant shifts in property management dynamics, particularly with the in