International legal practice Osborne Clarke has advised Highland Europe on its lead investment in Plentific's $100m Series C funding round. Mubadala and RXR Digital Ventures, as well as existing investors A/O Proptech and Target Global also participated in the round.
With this latest fundraising, Plentific plans to significantly grow its presence in the United States, as well as further expand its global footprint. The financing will also allow Plentific to accelerate its engineering and product development to increase digitalisation across the property and facilities management space.
Founded in 2013 by CEO Cem Savas and CTO Emre Kazan, Plentific has transformed repairs and maintenance processes for landlords, property and facilities managers, and service providers. The industry has historically relied on either manual processes or legacy software to manage complex processes, hampering efficiency and quality of service. Plentific’s cloud-based solutions provide a completely digital experience, reimagining how services can be managed and delivered, while also providing deep insights and analysis for data-driven decision making.
The Osborne Clarke team was comprised of Partner Rob Wood and Associate Matthew Hunt.
Osborne Clarke’s Corporate team is a go-to practice for companies in the Tech, Media and Comms sector. Its clients range from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.