Swissroc Group, a real estate investment group based in Geneva, signed an equity investment in Agora, as part of our Series A led by New York-based global venture capital and private equity firm Insight Partners and supported by Aleph, who led the previous round. Agora has raised a total of $29 million to date.
As well as taking a stake in our recent funding round, Swissroc Group is becoming our customer and will be utilizing our platform at scale for investment management purposes, distributing funds nationally and internationally, and operating on their tax and regulatory tasks, as we introduce Agora to the European market and regulation.
Swissroc Group is a full-cycle real estate services group. Their activities are organized around three divisions: Construction, Building Intelligence, and Real Estate Service. With over a hundred employees, Swissroc are active in French-speaking Switzerland, as well as in Poland, via their branch dedicated to innovation.
Thinking outside the box is at the very core of Swissroc’s DNA. Swissroc group offers an exclusive, integrated and comprehensive support service, which draws on the most effective solutions in order to make each project a reality from start to finish. With over 200 projects under its belt and 30 developments to its name, Swissroc Group generated over CHF 180 million in turnover in 2020.
Swissroc is delighted to be able to work closely with this fast-growing player. This new asset will allow the teams greater agility in their daily tasks and will offer investors new investment opportunities, with even greater speed. Said Cyril De Bavier, CEO of Swissroc Group. Every day, our teams test tools and technologies to improve our daily lives. Rare are the tools that have been so unanimously approved by our teams, both in terms of the interface and the functionalities. De Bavier continued. Then we got to know the founding team and we were immediately won over. A brilliant and innovative team. This association is a great opportunity for us to bring ease and speed to both our teams and our customers De Bavier concluded.
Our CEO, Bar Mor, supports:
We are delighted to partner with Swissroc, an experienced, leading and forward-looking real estate company. We look forward to working together and collaborating on our expansion into the Swiss and European markets. We see this as an incredible opportunity to expand our reach and help global and local businesses embrace new technologies and continue to grow their businesses.
If you’re interested in learning more about how our platform can help you accelerate your growth, just like Swissroc Group, contact us.
