{"id":9971,"date":"2024-03-26T08:37:37","date_gmt":"2024-03-26T08:37:37","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/26\/real-estate-management-platform-aeria-secures-1-8-million-in-funding-led-by-kalaari-capital\/"},"modified":"2024-03-26T08:37:37","modified_gmt":"2024-03-26T08:37:37","slug":"real-estate-management-platform-aeria-secures-1-8-million-in-funding-led-by-kalaari-capital","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/03\/26\/real-estate-management-platform-aeria-secures-1-8-million-in-funding-led-by-kalaari-capital\/","title":{"rendered":"Real estate management platform Aeria secures $1.8 million in funding led by Kalaari Capital"},"content":{"rendered":"
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Aeria<\/a>, a tenant experience and asset management platform<\/a> for commercial real estate, has raised $1.8 million in pre-seed funding led by Kalaari Capital and Foundamental along with AC Ventures, AL Trust among others. <\/p>\n

Founded by former co-founder of OxfordCaps, Priyanka Gera accompanied by IIM alum Piyush Kateja, Aeria uses technology and AI to transform the office buildings from a commodity to an experience. <\/p>\n

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With the heightened technology adoption with real estate players and increased GenZ participation in workforce, the workplace has evolved from a commodity to a service and now to an experience.<\/p>\n

The company will use the capital to expand its presence across Southeast Asia, Middle East and other Asian countries over the next year.<\/p>\n

\u201cCommercial 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 in efficiency to the owner\u2019s operations,\u201d said Priyanka Gera, founder and CEO at Aeria.<\/p>\n

To address this problem of fragmented infrastructure, Aeria offers comprehensive solution well-integrated with multiple technologies to create engaging digital experience in one app to manage operations by digitizing and automating manual tasks. <\/p>\n

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It includes access and parking management systems, delivery-to-desk services, fully integrated and seamless visitor management solution, end-to-end well automated complaint resolution, last-mile commute addition, F&B integration, move-in services, and community management, among others.Developers and asset managers can look-into Aeria\u2019s detailed analytics suite to improve financial performance up to 15% as they make data-driven decisions. Their dashboards present sharp insights on various asset risks, demand forecasting, space management, rental optimization and tenant segmentation.<\/p>\n

\u201cThe 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,\u201d said Sampath P, Partner at Kalaari Capital.<\/p>\n

Real estate is one of the largest industries in India contributing to about 7.3% of GDP. However, the sector has traditionally been laggard in adoption and use of technology. <\/p>\n

Funding to venture-backed proptech companies has surpassed pre-pandemic levels, according to Crunchbase data, with construction tech and property management startups leading the way. <\/p>\n

VC-backed real estate companies have raised $13.4 billion in 2023, up from the $4.1billion that was raised during the same period last year, and higher than any year in that period in the past decade.<\/p>\n<\/div>\n

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Aeria, a tenant experience and asset management platform for commercial real estate, has raised $1.8 million in pre-seed funding led by Kalaari Capital and Foundamental along with AC Ventures, AL Trust among others. Founded by former co-founder of OxfordCaps, Priyanka Gera accompanied by IIM alum Piyush Kateja, Aeria uses technology and AI to transform the […]<\/p>\n","protected":false},"author":2,"featured_media":9972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[14974,14973,14976,14975,14977,2292,9122,2801,14979,2295,735,2458,4699,2881,14978,46],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/9971"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=9971"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/9971\/revisions"}],"predecessor-version":[{"id":9973,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/9971\/revisions\/9973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/9972"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=9971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=9971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=9971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}