Aareon

Mainz, Germany Founded: 2001 • Age: 25 yrs Acquired By TPG
Provider of consulting, maintenance and building information modeling services
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About Aareon

Aareon is a company based in Mainz (Germany) founded in 2001 was acquired by TPG in June 2024.. Aareon has raised $308 million across 1 funding round from investors including TPG, Caisse de depot et placement du Quebec and Advent International. Aareon has completed 4 acquisitions, including 1st Touch, Arthur Online and Embrace - The Human Cloud. Aareon offers products and services including Property Management System and Sustain Products.

  • Headquarter Mainz, Germany
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aareon
Operational Areas
Real Estate & Construction → Real Estate Services & Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $308 M (USD)

    in 1 rounds

  • Latest Funding Round
    $308 M (USD), Series D

    Aug 14, 2020

  • Investors
    TPG

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    1st Touch

    & 3 more

  • Acquired by
    TPG

    & 1 more

    (Jun 24, 2024)

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Products & Services of Aareon

Aareon offers a comprehensive portfolio of products and services, including Property Management System and Sustain Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

The system is utilized for integrating business operations, data management, and process automation in property handling

These products are employed for multi-year portfolio planning to maintain property longevity and resident satisfaction

People of Aareon
Headcount 1000-5000
Employee Profiles 61
Employee Profiles
People
Lilli Paul
Mitarbeiterin People Experience
People
Ina Tauchnitz
Training And Development Specialist
People
Carsten Goebel
Head Of Product & Marketing CRE
People
Hartmut Thomsen
Chief Executive Officer

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Funding Insights of Aareon

Aareon has successfully raised a total of $308M through 1 strategic funding round. The most recent funding activity was a Series D round of $308 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series D — $308.0M
  • First Round

    (14 Aug 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2020 Amount Series D - Aareon Valuation Advent International
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aareon

Aareon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TPG, Caisse de depot et placement du Quebec and Advent International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
Founded Year Domain Location
Investment strategies are provided across diverse asset classes and markets.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aareon

Aareon has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 1st Touch, Arthur Online and Embrace - The Human Cloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Property management software is offered for landlords, tenants, and agents.
2012
Online property management system
2012
Cloud-driven software and digital solutions for housing management are provided.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Aareon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aareon Comparisons

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Competitors of Aareon

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aareon

Frequently Asked Questions about Aareon

When was Aareon founded?

Aareon was founded in 2001 and raised its 1st funding round 19 years after it was founded.

Where is Aareon located?

Aareon is headquartered in Mainz, Germany. It is registered at Mainz, Rhineland-palatinate, Germany.

Who is the current CEO of Aareon?

Hartmut Thomsen is the current CEO of Aareon.

Is Aareon a funded company?

Aareon is a funded company, having raised a total of $308M across 1 funding round to date. The company's 1st funding round was a Series D of $308M, raised on Aug 14, 2020.

What does Aareon do?

Aareon, established in 2001, excels in real estate and construction, property management services, and managing investment portfolios. Provider of consulting, maintenance and building information modeling services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

What products or services does Aareon offer?

Aareon offers Property Management System and Sustain Products.

How many acquisitions has Aareon made?

Aareon has made 4 acquisitions, including 1st Touch, Arthur Online, and Embrace - The Human Cloud.

Who are Aareon's investors?

Aareon has 3 investors. Key investors include TPG, Caisse de depot et placement du Quebec, and Advent International.

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