Paris-based Stonal, a data management platform for real estate owners and investors, has successfully secured nearly €100 million in a strategic investment from Aareon. This investment will accelerate Stonal’s expansion across Europe.
Stonal, established in 2017 by Michel Tolila, is revolutionizing the real estate sector with its AI-powered platform that extracts and manages data from various documents and blueprints. This platform creates an up-to-date database accessible to stakeholders such as property managers, surveyors, and insurers. Its decision-making modules offer capabilities like ESG reporting and CapEx planning, enhancing productivity and preserving asset values.
Growth and Technological Advancement
Currently, Stonal helps over 130 clients manage a combined portfolio exceeding 200 million square meters across Europe. This includes a diverse group of REITs, insurers, housing organizations, asset managers, and family offices. The recent funding will help the company scale its innovative solutions and broaden its impact in the real estate market.
Earlier this year, the french firm introduced StonalGPT, its first AI solution tailored specifically for real estate investors. This tool is poised to transform the sector by providing robust data insights that enable significant operational improvements and strategic decisions.
Strategic Partnerships and Market Positioning
Robin Rivaton, CEO of Stonal, highlighted the transformative potential of AI in real estate, emphasizing the importance of data in scaling solutions and enhancing market presence. Aareon’s investment supports the vision, providing the means to extend its innovative services and assert its influence across Europe.
Aareon, known for its comprehensive SaaS solutions for the property industry, views its investment in Stonal as a strategic enhancement to its product lineup, particularly under its “Aareon Sustain” initiative. This collaboration not only fortifies the existing partnership in France but also gears both entities to meet rising market demands and deliver unparalleled innovation and operational excellence.
With this significant investment, the company is set to accelerate its mission of reshaping the real estate industry, driving growth, and expanding its technological reach across Europe.