Chairman’s Letter
Dear investor,
2021 was the most successful year in our history. All operating countries exceeded their business targets and the total funded amount for the year was €203M, a 69% increase when compared to 2020 (€120M). Assets under management (AUM) amounted to €220.3M as of the end of 2021. Additionally, revenues were €7.1M in 2021, an increase of 58% compared to 2020 (€4.5M). The growth we’ve witnessed during the last year has given all Estateguru employees the ultimate drive to reach even greater heights. We all aim to live up to our vision of making real estate investing and financing attainable for anyone, anywhere in the world.
Our business model has proven to fit into any market and work in any business environment. We’ve emerged stronger than ever from the COVID crisis and we also see that the current macroeconomic conditions favour our business model because companies and private persons need protection against inflation, while Small and Medium Enterprises (SMEs) need fast and flexible financing. The strength of our vision and business model is supported by 1400 new equity investors, who joined via Seedrs and our finalised A-round of VC investment of €5,8M led by TMT Investments Plc
Our industry is also changing rapidly and, in many ways, becoming a mature and established investment option. What was also remarkable about 2021, is that we are finally operating in a regulated environment. We welcomed the introduction of Pan-European crowdfunding regulation and we’re hoping to be among the very first companies to receive the new licence.
Let’s build a better world together!
Marek Pärtel
Co-founder & Chairman
