A Belgium based startup, Nodalview that helps real estate agents in shooting HD and supreme quality pictures of properties has secured €4.1 million funding in a Series A round on 26th November 2020.
This round was led by the early stage venture capital PROfounders Capital and included participation from its existing investor Volta Ventures and new investor K Fund. Volta Ventures previously invested €1.7 million in the seed funding of Nodalview. The fresh funding will help the company to accelerate their expansion in the European markets. This includes emphasis on France which already contributes 75% to their turnover. They are also planning to invest in developing their platform and doubling their workforce in the next few months. They are a team of 35 people and are aiming to reach 70 employees. The Nodalview team consists of client managers, sales workforce, marketing expert and engineers.
Presently the company has served around 10,000 real estate agents across Europe with their mobile solution. Their solution values and captures 30,000 plus properties in a month. They already have their offices in Paris, Madrid and Belgium and this Series A investment further contributes to their growing momentum. The company was initially based in Belgium in 2016, and this year they have generated more than 80% of their revenue from outside the country (including the 75% share of France).
The co-founder and CEO of Nodalview Thomas Lepelaars said, “We are very happy to welcome K Fund and PROfounders Capital, renowned for their investment in some remarkable European startups. We are also very delighted that Volta Venture has reestablished its trust in our organization. Together we will enrich our solutions for deploying ourselves widely in Europe.”
About Nodalview
The Belgium based Nodalview is an organization that combines Smartphone technology, cloud computing and AI for producing excellent quality visuals for real estate agents. The organization was founded in 2016 by Thomas Lepelaars and is a rapidly growing startup which is used by more than 6000 agents for capturing eye-catching and 360 degree virtual tours of properties just by using a Smartphone. The real estate agents can equip themselves with a professional mobile photography kit for better and higher quality impact. Nodalview offers complete digital solutions to the real estate agents for promoting the real estate properties professionally utilizing 360 degree video, virtual tours and panoramas. They integrate four products so that the agents can reach their prospects with a varied communication strategy.
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