Homeday, a Berlin and Cologne, Germany-based online real estate agent, secured €20m in funding.
The round was led by Project A, Axel Springer, and Purplebricks.
The company intends to use the funds for further scaling the business model.
Founded in 2015 Steffen Wicker, Dmitri Uvarovski and Philipp Reichle, Homeday is a brokerage firm that provides local realtors with a platform for matching with property owners and streamlining the selling process via technology, real estate valuation expertise and professional, personal advice.
So far, the company says it has brokered more than €1 billion’s worth of real estate deals in Germany.