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Casafari Secures €5 Million in Funding for European Growth

Lisbon-based real estate data startup Casafari has raised €5 million in venture debt financing from BBVA Spark, the innovation division of Spain’s second-largest bank. This funding will help the company expand its presence in key European markets and continue growth through acquisitions.

Founded in 2018 by Nils Henning, Mila Suhareva, and Mitya Moskalchuk, Casafari aims to enhance its real estate database, expand its product offerings, and strengthen its market position. Recent acquisitions include Moonshapes in Portugal and Targomo in Germany.

With over 60,000 users across Portugal, Spain, Italy, France, and Germany, Casafari is building a comprehensive real estate database to address market fragmentation. The company plans to democratize access to real estate data through advanced technology.

This investment marks BBVA Spark’s first in Portugal, furthering the bank’s strategy to support European tech companies following its success in Spain and Latin America.