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Schoenherr and Schindler Advise on EUR 10 Million Financing Round for iDWELL

Austria
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Schoenherr has advised Knight Capital on leading a EUR 10 million financing round for Vienna-based company iDWELL that also saw existing investors Flashpoint Venture and Wecken & Cie participate. Schindler reportedly advised iDWELL.

iDWELL is specializing in optimizing property management through artificial intelligence. It currently manages over 1.5 million property units in the DACH region.

Knight Capital is a Netherlands-based investment firm.

According to Schoenherr, the investment will be used to accelerate iDWELL's growth and further develop its intelligent property management platform.

The Schoenherr team included Partner Thomas Kulnigg, Counsel Karin Pusch, Attorneys at Law Dominik Tyrybon, Clemens Pretscher, Sebastian Mueller, Florian Terharen, Nina Zafoschnig, and Alexander Pabst, and Associate Christina Unterduenhofen.

The Schindler team included Partners Florian Cvak, Philippe Kiehl, and Philipp Spring, Counsels Dominik Stella and Daniel Kropf, Senior Associate Roman Schlemaier, and Mohammed Hemdan.