How much did syte raise?

syte raised €9M at Series A, announced 17 September 2026.

Matthias Zuhlke is Co-founder and CEO of syte.

FundedStartupsDaily / PropTech & Construction / syte

syte raises €9M

Q: What does syte do?

syte operates in PropTech & Construction and is based in Germany.

syte announced a Series A round of €9M on 17 September 2026. The company operates in PropTech & Construction and is based in Germany. It was founded by Matthias Zuhlke, Co-founder and CEO. Announced yesterday.

Raised

€9M

Stage

Series A

Industry

PropTech & Construction

Country

Germany

Founder

Matthias Zuhlke

Co-founder and CEO, syte

LinkedIn profile syte.ms

Outreach angles

-Zuhlke co-founded syte in Munster in 2021 alongside David Nellessen to bring AI-driven analytics to real estate and land planning.
-He has grown the company from a 2024 seed round into a team that now maps more than 62 million parcels across Germany.
-The new 9 million euro Series A follows ARR that has already doubled year-on-year and a PropTech of the Year 2025 award.