About Proper
Proper is a company based in Copenhagen (Denmark) founded in 2017 by Jacob Funch and Morten Krarup Kristensen. It operates as a SaaS (Software-as-a-Service). Proper has raised $11.05 million across 6 funding rounds from investors including ALFA Ventures, 14Peaks and Byfounders. The company has 15 employees as of November 30, 2024. Proper offers products and services including Property Management Platform, Rent Collection Automation, and Tenant Communication Tools. Proper operates in a competitive market with competitors including Rentberry, TurboTenant, SingleKey, Howsy and Avail, among others.
- Headquarter Copenhagen, Denmark
- Employees 15 as on 30 Nov, 2024
- Founders Jacob Funch, Morten Krarup Kristensen
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Proper Aps
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Annual Revenue
Not available
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Net Profit
$205.12 K (USD)37as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$11.05 M (USD)
in 6 rounds
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Latest Funding Round
$3.31 M (USD), Series A
Jul 26, 2022
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Investors
ALFA Ventures
& 8 more
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Employee Count
15
as on Nov 30, 2024
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Products & Services of Proper
Proper offers a comprehensive portfolio of products and services, including Property Management Platform, Rent Collection Automation, and Tenant Communication Tools.
Automated property management is provided for landlords efficiently.
Rent collection is streamlined automatically for user convenience.
Tenant communication is facilitated through automated reminders effectively.
People of Proper
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Funding Insights of Proper
Proper has successfully raised a total of $11.05M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.31 million completed in July 2022. 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.
Investors in Proper
Proper has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include ALFA Ventures, 14Peaks and Byfounders.
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Early-stage centric VC firm investing primarily in the Nordics
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Building new ventures, funding SaaS spin-outs, and providing entrepreneurship education.
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Investor details for Proper
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Proper
Investment portfolio details for Proper
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Financial Statements - Proper
Detailed financials for Proper
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Proper Comparisons
Peer comparison for Proper
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Competitors of Proper
Proper 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 Rentberry, TurboTenant, SingleKey, Howsy and Avail, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital platform for worldwide apartment rentals is provided.
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Online property management software is offered to landlords and managers.
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Rental property management software is delivered via SaaS for landlords.
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SaaS-driven rental management platform for owners and property managers
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Tech-first solutions for rental property management are provided.
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SaaS-driven rental management software for tenants, owners, and rental managers
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Detailed competitors of Proper
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Latest news on Proper
Complete news archive for Proper
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Frequently Asked Questions about Proper
Proper was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Proper is headquartered in Copenhagen, Denmark.
Proper is a funded company, having raised a total of $11.05M across 6 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Proper is 15.
Property management tasks are automated through a dedicated platform by Proper. Landlords are supported in rent collection, tenant communication, and compliance with regulations like GDPR and rent acts. Operations across Denmark, Netherlands, and Germany are covered, targeting small to mid-sized businesses and enterprises. Real-time data management and integration with existing tools are provided to streamline administrative processes. The focus is placed on reducing manual errors and saving time for property managers.
Proper's top competitors include Rentberry, TurboTenant and Poplar Homes.
Proper offers Property Management Platform, Rent Collection Automation, and Tenant Communication Tools.
Proper has 9 investors. Key investors include ALFA Ventures, 14Peaks, Byfounders, PreSeed Ventures, and Mads Ditlevsen.
The valuation of Proper is $4.12M as of Apr 2019.