Realbest, a Berlin, Germany-based real estate startup, raised its third round of funding.
The terms of the deal were not disclosed.
Backers included IBB Beteiligungsgesellschaft, Ventech, Obotitia Capital, Plutos Group, German Startups Group and other angel investors.
The company intends to use the funds to continue to grow the brokerage and distribution network as well as to expand operations.
Founded in 2013 by Mathias Baumeister and Axel Winckler, Realbest is a real estate network that aims to facilitate transparent online marketing and brokering of residential property.
For sellers, it facilitates coverage and expand qualified customer contacts. Buyers can obtain exclusive real estate offers via online credentials containing documentation of the desired real estate as well as an online reservation features. Estate agents obtain an extensive property portfolio to recommend the appropriate property to their customers and simultaneously ensure customer protection.
The platform currently features more than 1,000 properties.