[ Nello raises $1.6M in Venture ]

Nello has raised $1.6 million in Venture.

Founded in 2015, Nello develops a smart intercom solution which enables keyless, remote access to residential buildings by upgrading existing intercom systems.

The company intends to use the funds to grow the team, support its market entry and create partnerships with European delivery companies.

Funding  Venture
Founded  2015
Country  Germany
City  Munich, Bayern
Founder / CEO  Christoph Baumeister
Deal Size  $1.6M
Investors  KfW
 HBT Holdings
 KPN Ventures
Previous Investors  KfW Bankengruppe
 SOSV

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