PSG Leads €20M Growth Investment in Apaleo
November 20, 2024
Apaleo, an API-first open property management platform based in Munich, raised €20 million in a growth equity round led by PSG Equity with participation from existing investors Redalpine, FOMCAP IV, and Rockaway Ventures. The capital will be used to accelerate international expansion across hospitality and serviced living verticals, further develop the platform, and hire talent to support growth.
- Buyers
- PSG Equity, Redalpine, FOMCAP IV, Rockaway Ventures
- Targets
- Apaleo
- Industry
- Cloud & SaaS
- Location
- Bavaria, Germany
- Transaction Type
- Growth capital
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