Alasco Raises $40 Million in Series B Funding to Transform ESG and Financial Control for Real Estate

Alasco is excited to announce that it has successfully raised €40,000,000 in funding, a strategic milestone that will accelerate its mission to revolutionize financial controlling and ESG management for real estate asset managers, owners, and project developers. This significant capital injection comes at a time when the need for sustainable and financially sound investment solutions is more critical than ever. With its cutting-edge Manage to Net-Zero platform, Alasco continues to lead in equipping industry professionals with the tools necessary to plan, execute, and monitor comprehensive ESG strategies across complex portfolios and funds. The newly acquired funds will be directed toward further enhancing the platform’s capabilities, including its advanced CapEx management tools that prioritize and rationalize capital expenditures, ensuring a balanced approach between financial performance and sustainable practices. Additionally, the investment will support the development of sophisticated features for detailed planning, tracking, and execution of new builds and renovation projects, solidifying Alasco’s position as the market’s only integrated solution to address both financial controlling and sustainability challenges. With a growing client base encompassing over 300 satisfied partners including industry leaders such as Hines, Invesco, Adrian, OFFICEFIRST, Patrizia, and Vision Group, Alasco is set to drive a new era of profitable and sustainable investments. The funding will empower the company to deliver technologies that not only enhance asset value but also promote environmental stewardship, setting the stage for groundbreaking innovations that cater to the evolving needs of the real estate sector. This fundraising round is a testament to the market’s confidence in Alasco’s vision and its unique approach to leveraging sustainability as a key driver for asset preservation and value creation.