Estonian proptech Moderan snaps up €270K for its property management software

Today Tallinn-based startup Moderan, a lease and commercial property management software, has snapped up €270K funding to expand its solutions to German-speaking markets, the Czech Republic, and Russia. A significant part of the investment was made by the real estate company Zenith Family Office, and their investors, as well as the Lemonade Stand fund.

Founded in 2015, Moderan aims to help commercial real estate owners go digital, and professionally manage their commercial real estate and tenant relations. Its lease lifecycle management and asset reporting tool helps owners optimise their organisation, save time and money, and increases the value of their holdings. So far the startup has both Baltic and German companies onside, such as Rotermann City, Lumi Capital, New Hanza Capital, Workland, YIT, among others, and is seeing the crisis as an opportunity for expansion.