About Eris
Eris is a company based in Sandton (South Africa) founded in 2008.. Eris has raised $24.32 million across 1 funding round from investors including International Finance Corporation, EPPF and Momentum Metropolitan Holdings. Eris offers products and services including Property Development, Property Management, Asset Management, Facilities Management, and Property Valuations. Eris operates in a competitive market with competitors including Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
- Headquarter Sandton, South Africa
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eris Property Group (Pty) Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.32 M (USD)
in 1 rounds
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Latest Funding Round
$24.32 M (USD), Series B
Oct 13, 2021
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Investors
International Finance Corporation
& 3 more
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Employee Count
Employee Count
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Products & Services of Eris
Eris offers a comprehensive portfolio of products and services, including Property Development, Property Management, Asset Management, Facilities Management, and Property Valuations. 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.
Undertakes projects for investors and third parties
Maximizes property income and reduces vacancies
Optimizes client funds through analysis and planning
Provides integrated management for streamlined operations
Offers expert assessments of various property types
Handles trading and investment activities for clients
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Funding Insights of Eris
Eris has successfully raised a total of $24.32M through 1 strategic funding round. The most recent funding activity was a Series B round of $24.32 million completed in October 2021. 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 Funding
- Total Rounds 1
- Last Round Series B — $24.3M
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First Round
First Round
(13 Oct 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Eris | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eris
Eris has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, EPPF and Momentum Metropolitan Holdings. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Provides pension management, investment services, and member support in South Africa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eris
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eris
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eris Comparisons
Competitors of Eris
Eris operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Developer of residential and commercial real estate properties
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| domain | founded_year | HQ Location |
Real estate properties are developed in over 50 cities.
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| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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| domain | founded_year | HQ Location |
Eiffage is engaged in construction, energy, and infrastructure concessions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eris
Frequently Asked Questions about Eris
When was Eris founded?
Eris was founded in 2008 and raised its 1st funding round 13 years after it was founded.
Where is Eris located?
Eris is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Who is the current CEO of Eris?
Barend De Loor is the current CEO of Eris.
Is Eris a funded company?
Eris is a funded company, having raised a total of $24.32M across 1 funding round to date. The company's 1st funding round was a Series B of $24.32M, raised on Oct 13, 2021.
What does Eris do?
Eris was founded in 2008 and operates as a real estate development firm based in Sandton, South Africa. Properties are developed for various uses, with a focus on the local market. Leadership is provided by CEO Barend De Loor. Operations center on property acquisition, construction, and management within the South African geography, serving residential and commercial sectors.
Who are the top competitors of Eris?
Eris's top competitors include Godrej Properties, Vingroup and DLF India.
What products or services does Eris offer?
Eris offers Property Development, Property Management, Asset Management, Facilities Management, and 2 more products and services.
Who are Eris's investors?
Eris has 4 investors. Key investors include International Finance Corporation, EPPF, Momentum Metropolitan Holdings, and Danish Sustainable Development Goals Investment Fund.