Global VC innovation platform – Tenity – has announced its investment in reltix, a AI-native property management company operating across Europe. The investment forms part of a €3m pre-seed funding round. The funding announcement marks a key milestone as reltix achieves €1m in annual recurring revenue.
Founded by Léon Alex Bamesreiter and his Co-Founding team, relix operates as a direct property manager rather than selling software tools to traditional operators. The company uses AI to deliver high-quality property management outcomes at scale.
reltix intends to turn operational workflows and data points into the structured foundation of an open operating platform. The company expects to integrate partners across banking, energy, and construction to build an infrastructure layer for the residential property management market.
“Building an AI-native property management business means transforming an industry long overdue for meaningful change. With Tenity on board, we have both a partner who believes in our approach and an ecosystem that helps us scale innovation in a traditionally analog sector.
“Their conviction and the way they engage with our team are already influencing how we build. We’re proud to have them with us on this journey.”
Léon Alex Bamesreiter, Co-Founder, reltix
Tenity chose to invest in reltix due to the large size of the underserved property management market. The sector typically suffers from poor service levels and low software penetration.
The investment platform also cited reltix’s early execution and customer growth, noting that it expanded its geographic reach within less than a year of entering the market.
“The team is combining strong operational execution with an AI-native approach to build the infrastructure layer this category has always lacked.
“Rather than optimising within the existing model, reltix is creating an open ecosystem where service quality improves structurally – and becomes more scalable as more of the workflow is absorbed by technology.”
Guillermo Forteza, Principal and Investment Lead Europe, Tenity
