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The Proptech HAUSGOLD Matches Real Estate Brokers with Buyers and Sellers
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Manage episode 302906499 series 1295530
The Proptech HAUSGOLD matches real estate brokers with buyers and sellers
The impact one can have on a smaller company is exponentially larger than just being a small fish in a large pond Andreas Wellinger, CFO HAUSGOLD
Subscribe Here
Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio
Yes, we achieved break even in 2020. Currently we are not running at break even, but at a low cash burn. Andreas Wellinger, CFO HAUSGOLD
The CFO
In this interview, we talk to Andreas Wellinger (https://www.linkedin.com/in/andreas-wellinger-2735b1191/), the CFO of Hamburg-based proptech platform HAUSGOLD (https://www.hausgold.de/). Andreas is originally from Vienna. He has been hired as CFO, having a background in consulting and investment banking. During his time in consulting, he spent more than two years in Brazil and half a year in South Africa. In investment banking, he was covering financial institutions in IBD.
This has been a thesis for two decades, that the existence of real estate portals will result in the complete irrelevance of the job of a real estate agent. … a real estate agent can bring a certain value add to the transaction, that sellers do appreciate. Andreas Wellinger, CFO HAUSGOLD
The Startup
Hausgold (https://www.hausgold.de/) is a platform to match potential buyers and sellers of real estate with the right broker.
According to their 2021 press release, the startup broke even in 2020, despite corona. Their revenue grew 50% and they had real estate transactions on their platform worth 5 bn Euros (5.9 bn US$). As stated in January 2021, they are looking to double revenue this year and increase the transaction volume to 13 bn Euros (15,4 bn US$). https://www.presseportal.de/pm/117034/4809967
The startup got press coverage with the investments of Rocket Internet in 2016 and Deutsche Bank in 2019. The investment of Deutsche Bank was one of their first public startup investments.
What we already see in our data is a certain trend of de-urbanization. Andreas Wellinger, CFO HAUSGOLD
Venture Capital Funding
At the time of the interview, HAUSGOLD was not actively seeking external investors.
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
Keep Up to Date
Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
335 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on May 28, 2022 03:25 (). Last successful fetch was on December 26, 2021 13:37 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 302906499 series 1295530
The Proptech HAUSGOLD matches real estate brokers with buyers and sellers
The impact one can have on a smaller company is exponentially larger than just being a small fish in a large pond Andreas Wellinger, CFO HAUSGOLD
Subscribe Here
Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio
Yes, we achieved break even in 2020. Currently we are not running at break even, but at a low cash burn. Andreas Wellinger, CFO HAUSGOLD
The CFO
In this interview, we talk to Andreas Wellinger (https://www.linkedin.com/in/andreas-wellinger-2735b1191/), the CFO of Hamburg-based proptech platform HAUSGOLD (https://www.hausgold.de/). Andreas is originally from Vienna. He has been hired as CFO, having a background in consulting and investment banking. During his time in consulting, he spent more than two years in Brazil and half a year in South Africa. In investment banking, he was covering financial institutions in IBD.
This has been a thesis for two decades, that the existence of real estate portals will result in the complete irrelevance of the job of a real estate agent. … a real estate agent can bring a certain value add to the transaction, that sellers do appreciate. Andreas Wellinger, CFO HAUSGOLD
The Startup
Hausgold (https://www.hausgold.de/) is a platform to match potential buyers and sellers of real estate with the right broker.
According to their 2021 press release, the startup broke even in 2020, despite corona. Their revenue grew 50% and they had real estate transactions on their platform worth 5 bn Euros (5.9 bn US$). As stated in January 2021, they are looking to double revenue this year and increase the transaction volume to 13 bn Euros (15,4 bn US$). https://www.presseportal.de/pm/117034/4809967
The startup got press coverage with the investments of Rocket Internet in 2016 and Deutsche Bank in 2019. The investment of Deutsche Bank was one of their first public startup investments.
What we already see in our data is a certain trend of de-urbanization. Andreas Wellinger, CFO HAUSGOLD
Venture Capital Funding
At the time of the interview, HAUSGOLD was not actively seeking external investors.
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
Keep Up to Date
Here is our publication calendar: https://calendar.google.com/calendar/u/0?cid=MDEyaTI3YWs1MjVxaTNzbWdqbDh2OXRiaW9AZ3JvdXAuY2FsZW5kYXIuZ29vZ2xlLmNvbQ
335 episodes
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