PROPSTER – Sonderwunsch Meister GmbH

PROPSTER is a digital platform that enhances the real estate project configuration process, enabling efficient selection, documentation, and collaboration between developers, builders, architects, and clients. Founded in 2017, PROPSTER – Sonderwunsch Meister GmbH operates a digital platform aimed at improving real estate project workflows. The company is based in Vienna, Austria, and was co-founded by Andreas Quast and Milan Zahradnik, with Milan Zahradnik currently serving as the CEO. PROPSTER has successfully completed two funding deals, with the most recent being a Seed round in May 2021, where they raised EUR 3 million led by aws Fondsmanagement, alongside investors Axeleo, Pi Labs, and Realty Corporation.

The total amount raised by the company stands at EUR 3 million. PROPSTER specializes in a digital platform that streamlines the process of configuring real estate projects, focusing on the selection and documentation of building materials and products. The platform promotes efficient collaboration among developers, builders, architects, and end clients through features like a configurator that reduces decision-making time and automates the material selection process. PROPSTER targets markets in Austria, Germany, and Switzerland, catering to real estate developers, construction companies, and property managers who seek effective solutions for project planning and sustainability compliance.

PROPSTER's revenue model is based on subscription access to its platform, allowing clients to leverage project management and material selection features. Clients, such as real estate developers and construction firms, typically engage in annual or monthly subscriptions, with additional fees for specialized services like customized product catalogs and Building Information Modeling (BIM) integration. The platform also aids in managing supplier partnerships and material data, streamlining real estate project workflows. Pricing plans reflect the comprehensive nature of the offerings and adherence to ESG standards.

Following their Seed funding round in May 2021, PROPSTER plans to expand into new markets including Russia, Dubai, and the United States. The EUR 3 million raised will support the development of these new markets and enhance the existing product offering. This strategic move aims to capitalize on emerging opportunities in these regions while further refining their platform to better serve clients.