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- Gropyus
Gropyus Funding, Investors & Competitors
Gropyus has raised $250M across 3 funding rounds, most recently a $109M undisclosed-stage round in October 2024.
About Gropyus
Gropyus is a Berlin-based proptech company producing modular residential buildings using digital design and prefabrication methods. Their projects, such as the 272-unit Block 71 in Vienna launched in 2022, emphasize resource efficiency with 90 percent offsite construction and recycled materials. Operating in Germany and Austria, Gropyus delivers affordable housing like the 140-unit project in Landsberg am Lech, reducing build times to six months while minimizing waste through Building Information Modeling.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Gropyus Funding History
Gropyus has raised a total of $250M across 3 funding rounds.
Gropyus' first fundraising round was a $32M Series A in May 2022. The most recent completed round was a $109M undisclosed-stage round in October 2024.
Gropyus funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2024 | Undisclosed stage | Practical Venture Capital (lead); Semapa (lead) | $109M | GROPYUS is a Vienna-based proptech startup founded in 2019, specializing in technology-driven, fully vertically integrated construction of affordable and sustainable timber-hybrid buildings using digital automation and robotics. The company secured a €100 million equity financing round in October 2024 from new investors Semapa, a Portuguese investment holding company via Semapa Next, and Practical Venture Capital, a US VC firm, alongside existing investors including Vonovia and others. This C-round or third successive €100M round brings total equity raised to over €300 million (some sources cite €400M including prior rounds), plus a €40M venture debt from the European Investment Bank in March 2024. Funds will expand GROPYUS's smart factory in Richen, Germany (Baden-Württemberg), into a fully digital, robotic operation producing wall and ceiling elements in 16 minutes at 86% automation, targeting 250,000 m² annually by end-2024 for over 3,500 apartments. The company aims to industrialize construction to address housing shortages and climate challenges, with current projects like a 27-unit building in Berlin and a 99-unit complex in Immendingen, employing around 400 staff across Vienna, Berlin, Steinhaus, and Richen. Investors highlight GROPYUS's innovative model pooling expertise in construction, tech, real estate, and startups to transform the industry. CEO Markus Fuhrmann, ex-Delivery Hero co-founder, plans scaling in Germany and rebuilding Ukraine faster using robots. |
| Jan 2023 | Series B | Vonovia (lead); Manta Ray Ventures; FAM AB | $109M | Gropyus is an Austria-based proptech startup founded in 2019, specializing in sustainable, prefabricated smart residential construction using timber modules and digital building operating systems to create resource-efficient, affordable homes. The company operates six locations across Germany, Austria, and Liechtenstein with around 300 employees. In January 2023, Gropyus raised €100 million (approximately $109 million or $100 million) in a Series B funding round led by Vonovia, Europe's largest residential real estate company, with participation from existing investor FAM AB and others including Manta Ray Ventures. This brought total funding to over €200 million. The funds are earmarked for expanding production and manufacturing capacities at its facility in Richen, southwest Germany (noted variably as Austria in some reports), advancing product development, and supporting long-term growth amid Europe's housing shortage and climate challenges. Vonovia board member Daniel Riedl, overseeing development projects, joined Gropyus's supervisory board. Gropyus targets significant residential capacity, with Bloomberg noting ambitions for 250,000 square meters using automated processes to minimize waste and emissions. Gropyus positions itself as a digital transformer of the construction industry, offering trendy, connected living environments optimized via software. CEO Markus Fuhrmann highlighted investor trust in their mission. |
| May 2022 | Series A | Serhiy Tokarev; Warema group; Saxovent; Semapa Next | $32M | - |
Who has invested in Gropyus?
9 investors have backed Gropyus across its funding rounds, including Manta Ray Ventures, FAM AB, Semapa Next, Practical Venture Capital, Saxovent and Vonovia.
Lead investors include Practical Venture Capital, Semapa and Vonovia.
Gropyus Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Oct 2024 | ||
| 1 | Lead | Jan 2023 | ||
| 1 | Participant | Jan 2023 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Lead | Oct 2024 | ||
| 1 | Participant | May 2022 | ||
This data is available for Pro users. Sign up to see all 9 Gropyus investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialGropyus Competitors
Gropyus competitors include listed companies like Vingroup and Samsung C&T, and private ones like Habi, Orchard, Group 1 Engineering and Cledor.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $217M | - | ||
| Private | - | - | $100M | - | ||
| Publicly listed | $13B | $3.1B | $70B | 5.0x | ||
| Publicly listed | $30B | $3.8B | $42B | 1.4x |
Gropyus Public Comps
Gropyus is still privately-owned, but its public comps include Vingroup, Samsung C&T, Sun Hung Kai Properties, D.R. Horton, Goodman Group, Emaar Properties, Mitsubishi Estate, China State Construction Engineering, Mitsui Fudosan and China Resources Land.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $13B | $3.1B | 6.2x | 5.0x | 25.8x | 37.1x | |||
| $30B | $3.8B | 1.5x | 1.4x | 11.9x | 13.2x | |||
| $10B | $4B | 4.8x | 4.2x | 12.4x | 12.4x | |||
| $34B | $4.7B | 1.3x | 1.4x | 9.5x | 10.4x | |||
| $1.8B | - | 21.7x | 16.9x | - | 20.0x | |||
| $13B | $6.9B | 2.0x | 1.9x | 3.9x | 4.0x | |||
| $11B | $3.3B | 4.0x | 3.8x | 13.6x | 15.2x | |||
| $310B | $15B | 0.5x | 0.5x | 10.8x | 10.9x | |||
This data is available for Pro users. Sign up to see all Gropyus competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gropyus
| When was Gropyus founded? | Gropyus was founded in 2019. |
| Where is Gropyus headquartered? | Gropyus is headquartered in Vienna, Austria. |
| Is Gropyus publicly listed? | No, Gropyus is a private, VC-backed company. |
| How much funding has Gropyus raised? | Gropyus has raised $250M across 3 funding rounds. |
| What was Gropyus' last funding round? | Gropyus' last funding round was a $109M undisclosed-stage round in October 2024, led by Practical Venture Capital and Semapa. |
| Who are Gropyus' investors? | Gropyus' investors include Practical Venture Capital, Vonovia, Manta Ray Ventures, Serhiy Tokarev, Warema group, Semapa, Saxovent, FAM AB and Semapa Next. |
| Which companies are comparable to Gropyus? | Companies comparable to Gropyus include Habi, Orchard, Group 1 Engineering, Cledor, Vingroup and Samsung C&T. |
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