TGS Baltic has advised short-term property-backed loan marketplace EstateGuru on its EUR 5.8 million series A investment round. Sorainen advised Jersey-based VC TMT Investments as lead investor in the round.
According to Sorainen, EstateGuru announced the successful closure of its Series A funding round, with investments coming from Switzerland, the United Kingdom, the Czech Republic, Austria, Germany, and Cyprus. “The round was led by TMT Investments, known also as an early investor in both Bolt and Pipedrive. Among others, VCs such as Verve Ventures, Immo Lab, J&T IB, and the investment banking arm of the Czech investment bank J&T, Capital Markets, participated in the round.”
Sorainen’s team included Partner Toomas Prangli, Counsel Lauri Liivat, and Associate Vladislav Leiri.
TGS Baltic's team included Managing Partner Sander Karson, Partner Kirsti Pent, and Senior Associate Kart Raud.