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EVANA AG has raised $12.2M across 1 funding round.
Key people at EVANA AG.
EVANA AG has raised $12.2M in total across 1 funding round.
EVANA AG is a software company based in Saarbrücken and Frankfurt am Main, Germany, that develops an artificial intelligence-powered intelligent document processing platform for the commercial real estate industry. The company's core product, EVANA360, extracts and structures data from complex property transactions, fund management records, and lease administration files to facilitate comprehensive enterprise decision-making. Operating as a software-as-a-service provider founded in 2015, the enterprise maintains a workforce of between 29 and 109 employees and generated $3.1 million in revenue during 2024. The firm has raised approximately $12.2 million in Series B funding and secured a strategic investment from Patrizia Immobilien, which utilizes the platform alongside other corporate clients like HIH Group. Recently showcasing its technology at the EXPO REAL trade fair in Munich, EVANA helps clients manage massive assets, including a €40 billion portfolio for Patrizia Immobilien.
EVANA AG is a German PropTech company specializing in AI-powered document management and analytics for the real estate sector, offering the EVANA360 SaaS platform for automated document classification, data extraction, and lifecycle management.[1][2][5] It serves asset managers, property developers, investment firms like PATRIZIA AG and HIH Group, and organizations in legal, banking, and insurance handling high-volume real estate documents, solving inefficiencies in due diligence, asset management, and transactions by automating processing to save up to 25% daily time.[1][2][5] Founded in 2015 with headquarters in Frankfurt (and Saarbrücken), EVANA has raised $12.2M including a Series B round, growing revenue from $1.4M in 2021 to $3.1M in 2024, with around 109 employees.[1][2][3]
EVANA AG emerged in 2015 from the growing need for data-driven decision-making in real estate, where organizations struggled with massive document volumes for property management and transactions.[2] Founded in Saarbrücken, Germany (with operations expanding to Frankfurt), the company developed EVANA360 as a holistic platform integrating AI for document handling, evolving from partial solutions to a self-learning system that maps structures from property to company level.[1][2][3] Early traction came from partnerships with industry leaders like PATRIZIA AG, funding from investors including Patrizia, and processing over 20 million data points to refine its algorithms.[2][5]
EVANA rides the PropTech wave of AI-driven digital transformation in real estate, where market forces like rising document volumes from transactions and regulations demand automation for faster due diligence and insights.[1][2][5] Timing aligns with AI maturation post-2015, enabling self-learning platforms amid industry shifts toward data standardization and efficiency, as seen in EXPO REAL's innovation showcases.[1] It influences the ecosystem by serving major players like PATRIZIA and Aachener Grundvermoegen, reducing processing times, enhancing transparency, and bridging legacy systems with modern AI, positioning real estate firms as "transaction-ready" in a competitive, data-heavy market.[2][5]
EVANA is poised for accelerated growth through AI advancements and real estate digitization, potentially expanding beyond core sectors into adjacent IDP markets while leveraging its $12.2M funding for international scaling.[1][2] Trends like generative AI integration and regulatory pushes for data transparency will amplify its edge, with revenue momentum suggesting sustained expansion and deeper ecosystem influence via partnerships. As PropTech matures, EVANA's specialized platform cements its role as the digital heart for real estate data management, transforming manual burdens into strategic assets.[1][2][5]
EVANA AG has raised $12.2M across 1 funding round. Most recently, it raised $12.2M Evana - Series B in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2021 | $12.2M Series B | Wecken & CIE | Aachener Grundverm, Ac+x, Arventus, Patrizia | Announced |
EVANA AG has raised $12.2M in total across 1 funding round.
EVANA AG's investors include Wecken & Cie, Aachener Grundverm, AC+X, Arventus, Patrizia.
Key people at EVANA AG.
