Proptech start-up Consorto raises 500,000 euros via seed round

European proptech start-up Consorto, which has offices in Estonia and the Netherlands, has raised 500,000 euros in a seed round.

Consorto, which is believed to be the first pan-European commercial proptech B2B online marketplace, connects professional investors to commercial real estate investment opportunities.

The investment will allow further development of Consorto’s digital platform, which provides AI-driven deal matching and deal-flow automation.

“Consorto improves cross-border commercial real estate searches, allowing our registered users to generate relevant leads in less time,” said founder and CEO, Philip Verzun.

“It can be difficult for investors to source cross-border investments in Europe without access to the right contacts. This is where we come in, helping investors find new deals and realtors and also developers to grow their business.”

Consorto was founded in 2018 and is based in Amsterdam and Tallinn. It features CRE listings from office, industrial, retail, hotels and resorts, land, mixed use, special purpose and also development sectors.