Stonal's Strategic Investment by Aareon

May 7, 2024, 9:32 pm
Stonal
Stonal
SaaS
Location: France, Ile-de-France, Paris
Employees: 51-200
Founded date: 2017
Total raised: $150.9M
Today, Stonal, a real estate data management platform, secured a near €100 million investment from Aareon, a European provider of SaaS solutions. Founded in 2017, Stonal's mission is to deliver data quality at scale for asset owners and investors. With its AI-powered platform, Stonal extracts information from documents and blueprints to create an accurate and continuously updated database on buildings. This collaboration with Aareon will accelerate Stonal's European expansion and strengthen its position as a pioneer in the real estate industry. The growing appetite for technological solutions in the real estate sector reflects the major challenges it faces, from ESG expectations to building safety regulations. Stonal's strategic partnership with Aareon will enable them to meet the needs of their customers and deliver unrivaled innovation and operational excellence.