estie Raises JPY 2.2bn Debt Financing
estie, which provides multiple services centered on "estie Market Research," Japan's largest commercial real estate data analysis platform, has concluded financing agreements totaling 2.2 billion yen with four financial institutions: Shoko Chukin Bank, MUFG Bank, Resona Bank, and Japan Finance Corporation. This includes long-term loans and long-term commitment lines. Through this debt financing, combined with equity raised in the Series B round, the company has secured over 5 billion yen in total standby capital.
By utilizing this standby capital to promote M&A and through continued growth investments in the AI domain, estie will further advance the construction of digital infrastructure in the real estate industry and support the industry's sustainable growth.
Background of Debt Financing
Since its founding in 2018, estie has upheld the purpose of "Unlocking the true value of industries" and has promoted digitalization and advancement of information distribution in the commercial real estate industry. The company deploys a product suite based on a proprietary data platform that structures information on over 2.4 million properties nationwide across multiple asset types including office, logistics, and residential properties. The adoption rate among major developers and J-REITs exceeds 70%.
Following the Series B round, which raised over 3 billion yen in equity from domestic and international investors and business partners, key indicators demonstrating business growth and efficiency have maintained high levels, and user evaluations of the company's service portfolio continue to improve. Financial institutions have highly evaluated this steady business progress, leading to the conclusion of these long-term loan and commitment line agreements.
Primary Use of Funds
This debt financing involves agreements totaling 2.2 billion yen with four institutions: Shoko Chukin Bank, MUFG Bank, Resona Bank, and Japan Finance Corporation, including long-term loans and commitment line facilities.
The raised funds will be used to expand the business portfolio and customer base through M&A, actively incorporating technologies, talent, know-how, and sales channels that the company does not currently possess, thereby evolving digital infrastructure in the real estate industry more quickly and robustly.
Additionally, through the "Real Estate AI Lab," which is responsible for AI research and implementation in the real estate domain, estie will accelerate investment in the development and provision of AI solutions and AI agents that support business efficiency and data utilization, as well as in advanced R&D in the real estate × AI field.
Furthermore, the company will strengthen its product development system through the recruitment of talent to support such technological development, contributing to sustainable business growth and the sustainable growth of the entire industry.
Norbert Gehrke
