Alasco, a Munich-based prop-tech, has raised $40 million in Series B funding led by Insight Partners, bringing its total funding to $48.5 million as it aims to expand across Europe, including the UK market. Alasco offers a centralized platform for real estate developers that integrates financial management with ESG data, enabling automated workflows, cash flow forecasting, and sustainability tracking throughout a property’s lifecycle. With over $26 billion in projects managed since 2018, Alasco is positioned to modernize the traditionally analog real estate sector and drive ESG-driven decision-making in an industry responsible for 39% of global greenhouse gas emissions.
Real Estate Financial and ESG Management Platform Alasco Raises $40 Million