Net Zero PropTech Optiml secures $4M to decarbonise real estate
Optiml, a digital platform specialising in Net Zero real estate investment and renovation planning, has secured $4 million in Pre-Seed Extension funding. This funding round was spearheaded by BitStone Capital, an investor with a focus on real estate and construction technology, and received additional backing from KOMPAS VC, which is dedicated to early-stage ventures in the built environment.
Existing investors, including Innovation Endeavors, the venture capital firm of former Google CEO Eric Schmidt, and Planet A Ventures, also participated, reinforcing their commitment to Optiml's growth. This first closure of the funding round aims to accelerate product development and expand the team to meet growing demand across the DACH region, the UK, and beyond.
As an ETH Zürich spin-off, Optiml offers Asset Managers, Investors, and Consultancies a sophisticated decarbonisation and renovation software platform. Developed over five years and based on proprietary algorithms, the software leverages AI to manage complex datasets and provide actionable insights, even with minimal data. It offers a range of capabilities, including ESG due diligence, optimal decarbonisation strategies, detailed Net Zero renovation plans, and alignment with corporate requirements throughout a building’s lifecycle. Unlike other digital solutions that rely on general estimates and benchmarks, Optiml’s platform delivers precise, timed, and cost-effective measures tailored to each building. The innovation and depth of this solution have garnered Optiml several prestigious awards, including ZIA PropTech of the Year, W.A. de Vigier, and >>venture>> awards.
With European regulations increasingly mandating CO2e reductions in real estate portfolios, decarbonisation is now essential, driving financial opportunities for proactive companies. Optiml has gained significant market traction, completing over 30 successful pilot projects with industry leaders such as AXA, Credit Suisse, and Grosvenor. The company is now bringing on board its first large-scale Asset Managers and Consultancies, some of whom are already integrating the solution into their offerings for clients.
Commenting on the investment, Evan Petkov, CEO and Co-Founder of Optiml, explains: “It’s an exciting time at Optiml as we have grown out of the lab 2 years ago with the original founders to now nearly 20 people all focused on our vision to develop the new category of Real Estate Decision & Intelligence platforms – accelerating cost-effective Net Zero with data-driven investment strategies in sustainable buildings. We are using this funding to expand our product’s features, enrich data availability, build APIs, automate data onboarding & ease-of-use, along with an improved customer experience in different geographies.”
Andreas Winter-Extra, Partner at Kompas VC says: “Our investment in Optiml reflects our commitment to back the most innovative companies that will decarbonise the built environment. The power to make effective decision making comes from truly understanding your data and buildings, and Optiml provides the real estate and construction sector with actionable insights to undertake renovation planning at scale. With regulatory frameworks only getting more stringent, and the real estate sector actively looking for a reliable solution to decarbonise the building stock, Optiml is poised to become a leader in this critical market, and we look forward to supporting the talented team in the years to come.”
Manfred Heid, Managing Partner at BitStone Capital, notes: “BitStone Capital is excited to be invested in a solution for the real estate industry that has never been seen before. Optiml's decarbonization and renovation software not only serves as a critical tool for achieving Net Zero goals but also as a comprehensive asset management solution, driving portfolio strategies and planning while ensuring strong business returns. The Power of Artificial Intelligence to generate rich insights with few data points, together with the impressive capacity of the team and the positive feedback from satisfied customers have convinced us that this technology is a game changer. We see a great opportunity with Optiml's software to bring the real estate industry towards a more sustainable future.”