WALLROUND, a Berlin-based proptech innovator, has just closed a $4,873,008 Seed Round, marking a significant step forward in rethinking how property management and living spaces are structured for the modern era. The round was led by Revent, GGF, and Vonovia, each bringing not just capital but also sector expertise to propel WALLROUND’s ambitious vision.

Founded by Lukas Steinhilber, WALLROUND has set out to streamline the complexities of property management while improving the tenant experience - two areas that are historically plagued with inefficiency, siloed communication, and outdated systems. With fresh funding, the company is now positioned to accelerate product development, scale its platform across Europe, and bring modern digital workflows to landlords and renters alike.

---

What WALLROUND Is Solving

Property management remains one of the most fragmented industries. Legacy processes - paper trails, siloed CRMs, disconnected communication channels - have left both landlords and tenants frustrated. Property owners face rising operational costs, while tenants often feel neglected when issues take weeks to resolve.

WALLROUND is building a digital-first property management platform that centralizes operations: from rent collection to maintenance requests, tenant communications, and financial oversight. The company positions itself not just as a tool, but as the infrastructure layer that turns buildings into efficiently managed ecosystems.

As cities continue to densify, and as tenants increasingly expect seamless digital experiences in every part of their lives, solutions like WALLROUND are more of a necessity than a nice-to-have.

---

Why Investors Are Paying Attention

The backing of Vonovia - one of Europe’s largest residential real estate companies - is especially telling. It’s a strong signal that traditional players recognize the urgency of modernizing property operations. Revent and GGF bring deep expertise in backing sustainability- and efficiency-driven ventures, reinforcing the thesis that the built environment is overdue for digital transformation.

The $4.87M infusion isn’t just a vote of confidence in WALLROUND’s team; it’s an acknowledgment of the macro trends reshaping the housing sector: digitization, rising tenant expectations, and the urgent need for more efficient urban housing management.

---

Where Founders Often Miss the Mark

One of the biggest lessons in scaling proptech (and really, SaaS models in general) is nailing your customer onboarding process early. Too often, startups in property management focus on feature expansion while underestimating the friction that comes with adoption. For landlords - who are often risk-averse - switching from legacy systems is not just a technical transition but also a trust transition.

The insight here? Founders should treat onboarding as a product in itself. Every moment between a landlord signing up and achieving their first “aha” outcome is the difference between churn and long-term retention. For WALLROUND, this means making it ridiculously easy for property managers to import data, centralize communications, and see value within weeks. In B2B proptech, speed to value isn’t just a KPI - it’s survival.

---

What This Means for Tenants

While landlords are the paying customers, tenants are ultimately the beneficiaries. Imagine being able to submit a maintenance request, track its status like a food delivery order, and get notified when it’s resolved - all from your phone.

This isn’t just convenience. For younger tenants, who expect their living experience to mirror the “app-based ease” of Uber, Airbnb, or digital banking, property management that feels archaic can actually impact leasing decisions. For landlords, that translates to tenant retention - a metric directly tied to profitability.

WALLROUND is tapping into this dynamic, positioning itself as the bridge between landlord efficiency and tenant satisfaction.

---

Scaling the Proptech Opportunity

The global property management software market was valued at around $3.04 billion in 2022 and is projected to grow at a CAGR of 5.7% from 2023 to 2030 (Grand View Research). Drivers include the rise of urbanization, the professionalization of rental markets, and the increasing digitization of real estate.

Europe, in particular, represents fertile ground. With housing shortages across major cities, efficiency in management is not just about operational savings but also about policy-level solutions. Governments are pushing for smarter housing, sustainability targets, and tenant protections - all of which align with WALLROUND’s roadmap.

Moreover, residential real estate accounts for a massive share of global wealth - nearly $258 trillion worldwide (Savills). Yet, the management infrastructure for this asset class is still under-optimized. Startups that solve this inefficiency unlock value not just for property managers, but for tenants and investors alike.

---

What Comes Next

With this $4.87M raise, WALLROUND has the firepower to accelerate product development, expand its engineering team, and extend its presence across Germany and other European markets.

For the broader industry, WALLROUND’s momentum is another proof point that the proptech wave is far from over. Legacy property management systems are still dominant, but their days are numbered. The winners will be startups that don’t just digitize tasks but reimagine workflows end-to-end.

The next few years will determine whether WALLROUND can scale from an emerging proptech player into a category-defining platform. What’s clear is that the demand for modern property management solutions isn’t going away - it’s only intensifying.