Chairman’s Letter
Pricey investor,
2021 was probably the most profitable 12 months in our historical past. All working nations exceeded their enterprise targets and the entire funded quantity for the 12 months was €203M, a 69% improve when in comparison with 2020 (€120M). Property below administration (AUM) amounted to €220.3M as of the top of 2021. Moreover, revenues had been €7.1M in 2021, a rise of 58% in comparison with 2020 (€4.5M). The expansion we’ve witnessed over the last 12 months has given all Estateguru workers the last word drive to succeed in even higher heights. All of us goal to stay as much as our imaginative and prescient of creating actual property investing and financing attainable for anybody, anyplace on this planet.
Our enterprise mannequin has confirmed to suit into any market and work in any enterprise surroundings. We’ve emerged stronger than ever from the COVID disaster and we additionally see that the present macroeconomic circumstances favour our enterprise mannequin as a result of corporations and personal individuals want safety in opposition to inflation, whereas Small and Medium Enterprises (SMEs) want quick and versatile financing. The power of our imaginative and prescient and enterprise mannequin is supported by 1400 new fairness buyers, who joined through Seedrs and our finalised A-round of VC funding of €5,8M led by TMT Investments Plc
Our business can be altering quickly and, in some ways, turning into a mature and established funding choice. What was additionally exceptional about 2021, is that we’re lastly working in a regulated surroundings. We welcomed the introduction of Pan-European crowdfunding regulation and we’re hoping to be among the many very first corporations to obtain the brand new licence.
Let’s construct a greater world collectively!
Marek Pärtel
Co-founder & Chairman