A GSK Stockmann team led by Berlin partner Katy Ritzmann advised the Berlin-based start-up hallo theo on a EUR 10 million series seed financing round. The investor is global venture capital and private equity firm Insight Partners.
hallo theo, a Berlin-based digital property management company was supported by GSK Stockmann in the successful raise of a EUR 10 million seed investment by global software investor Insight Partners. The new capital cements hallo theo as a market leader in digital property management in Germany, with the funds being used to expand its national footprint and progress its proprietary technology development.
Germany’s property management sector faces huge inefficiencies—outdated technology, 20th century processes, and a lack of innovation have led to stagnation in the industry and growing frustration amongst property owners and tenants. hallo theo, led by CEO Jona Schaeffer, addresses these challenges by reimagining the work of a property manager with a clear technology-first approach. With cutting-edge automation and AI applications, hallo theo is helping transform property management with improved data quality, reaction times, and service offerings.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries.
Advisers of hallo theo at GSK Stockmann:
Katy Ritzmann (lead), Dennis Gehnen, Clara López Hernando (all Venture Capital), Stephan Wachsmuth (Tax)
Other advisers:
Willkie Farr & Gallagher for Insight Partners
Contact: Press contact:
GSK STOCKMANN GSK STOCKMANN
Dr Katy Ritzmann Christina Holl
Mohrenstrasse 42 Karl-Scharnagl-Ring 8
10117 Berlin 80539 Munich
T +49 30 203907 - 422 T +49 89 288174-275
F +49 30 203907-44 F +49 89 288 174-44
katy.ritzmann@gsk.de presse@gsk.de
GSK Stockmann is a leading independent European corporate law firm. Over 250 professionals advise German and international clients at our locations in Berlin, Frankfurt/M., Hamburg, Heidelberg, Munich, Luxembourg and London. GSK is the law firm of choice for Real Estate and Financial Services. We also have deep-rooted expertise in key sectors including Funds, Capital Markets, Public, Mobility, Energy and Healthcare. For international transactions and projects, we work together with selected reputable law firms abroad. Our advice combines an economic focus with entrepreneurial foresight. That is what is behind: Your perspective.
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