Climate tech startup Enter raised a €19.4M (~$21.4M) Series A round.
Target Global led the funding round with participation from Coatue, Foundamental, A/O Proptech, and Partech.
Enter provides homeowners with an assessment of their building's energy consumption, suggestions on reducing their outgoings, and appropriate subsidy applications for renovations based on a digital survey form.
- According to the Germany-based startup, 75% of homeowners are worried they cannot afford energy-efficient renovations.
- Co-founder and managing director Max Schroeren told TechCrunch that the digital survey form gathers around 250 data points from eight to nine questions.
- Proceeds from the investment round will be used to expand across Germany and other parts of Europe.