Cologne, Germany, September 14, 2018 – PropTech shareDnC has completed another financing round and at the same time expanded its management team with entrepreneur and venture capital expert Jay Habib. Thus, the brokerage platform for flexible office solutions creates the prerequisites for further expansion. Overall, the Cologne-based company will receive seven-figure new funds from PropTech-VC BitStone Capital and a number of prominent decision-makers from the real estate industry. shareDnC intends to use the fresh capital to further develop its brand and product range and to expand its presence in Germany and Austria.

Prominent decision-makers among the new investors

“We are very pleased to have once again been able to convince strong new partners to invest in shareDnC,” says Co-Founder and Managing Director Philipp Hartje. “The topic of flexible workplace solutions is gaining momentum. We want to take advantage of this and further scale our business model with this financing round”. The new investors include BitStone Capital, Dr. Daniel Arnold (CEO of Deutsche Reihenhaus AG), Christoph Brenzinger (Partner at Noerr LLP) and Professor Andreas-Norbert Fay (Chairman of the Advisory Board FAY Projects GmbH).

shareDnC is on a strong growth course. By 2017, PropTech had already collected millions. Since then, the Cologne-based company has taken over its direct competitor optionspace and opened its platform to professional providers such as Co-Working Spaces and Business Centers with the aim of covering the entire spectrum of flexible office solutions. In order to expand the offering, especially in highly demanded local markets such as Berlin, Hamburg, Munich and Frankfurt, shareDnC also hired several city managers to evaluate and acquire space for the platform.

Kai Panitzki, Managing Partner of BitStone Capital, says: “With its innovative platform shareDnC is able to efficiently broker flexible office solutions nationwide. The team, the market position and the future potential of shareDnC convinced us and we look forward to actively supporting the development of the company with further strong shareholders”.

Experienced founder completes management team

In preparation for the planned expansion, shareDnC is now expanding its management team with Jay Habib. In addition to Philipp Hartje and co-founder and managing director Christian Mauer, the 34-year-old will be responsible for investor relations in the future and will be driving strategic expansion. Before joining shareDnC, Jay Habib was CEO of the German-American start-up Shop.co, which he founded in 2014 and which was transferred to the Swedish payment service provider Klarna in May 2018. Habib already took the step into independence in 2009 with the founding of the financial and transaction platform trade.com. Further stations were the WHU Business School in Vallendar and the private equity firm Avedon Capital Partners. Philipp Hartje says: “Jay Habib complements our management team perfectly. Thanks to his many years of experience, he knows exactly what it takes to turn a startup into a successful growup. His expertise will be indispensable for us as we continue to grow”.