[Funding alert] Proptech Startup Aeria Secures $1.8 Mn Pre-seed Funding Led by Kalaari Capital

Proptech platform Aeria has secured $1.8 million in pre-seed funding led by Kalaari Capital and Foundamental along with AC Ventures, AL Trust, and others.

With the funding, Aeria plans to increase its footprint in the Middle East, Southeast Asia, and other Asian nations.

“Commercial real estate in APAC is estimated at 52 billion sq ft, expanding at CAGR of 15%. However, most owners currently rely on traditional methods to manage facilities and tenants. We aim to use technology to transform this experience and bring efficiency to the owner’s operations,” said Priyanka Gera, founder and CEO at Aeria.

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For employees and tenants, it integrates 100+ technologies to create engaging and digital experiences. It connects employees with co-workers, people with common interests, corporates and convenience based businesses.

“The real estate post-COVID world must evolve, especially the lack of predictability in demand and supply since 2020 in the commercial real estate sector. We believe that commercial real-estate is going to get a massive digital upgrade,” said Sampath P, Partner at Kalaari Capital.

Developers can look-into their detailed analytics suite to improve financial performance while making data-driven decisions. It collects important building, tenant and employee data that allows developers to make more informed decisions.

About Aeria

Founded by Priyanka Gera and Piyush Kateja, Aeria is Asia’s first data-driven and API-first tenant experience platform. It connects employees, spaces, AM teams, property managers, and service vendors to have a seamless workplace experience all coupled with data analytics.

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