GBG Group positions itself for the future by investing in the Berlin-based PropTech start-up, METR GmbH
Berlin, 26th February 2019
ServiceHaus GmbH – the service company of the GBG Group from Mannheim –became a shareholder of the Berlin-based PropTech startup, METR Building Management Systems GmbH, further positioning itself as a digital housing company.
The participation of the GBG Group is a milestone for METR. With GBG, METR has a partner on board with expertise in the housing industry, who consistently thinks in terms of efficient buildings and new digital services for the housing industry, and who seeks to expand expertise in the area of Big Data and the Internet of Things (IoT).
METR is developing an IoT-platform which enables connected use cases in the residential building industry. Their hardware and software solutions provide device connectivity, data collection and analysis. Through data insights, METR develops business cases for housing companies which are beginning with sub-metering and predictive maintenance of the technical building equipment. METR’s solutions help housing companies make their administrative processes more efficient while supporting property managers.
Dr. Franka Birke, Managing Director of METR, says of the investment: “With the GBG Group, we have a strong strategic partner with extensive expertise in real estate at our side, who will take us a big step forward in the development of the IoT platform for connected services in the housing industry.”
For Robin Schwarz, Managing Director of ServiceHaus GmbH, the investment is a logical step in the positioning of the service company: “Coming from the analogue measuring service, we are now two steps ahead. On the one hand, we receive a gateway that can use the data from the digital devices that we transfer to the GBG inventories. On the other hand, we have an open platform that allows us to think about other digital services that are scalable.”
About the companies
METR was founded in October 2016 with company builder for Internet of Things and Services (IoT) and blockchain-based business models, Next Big Thing AG, as lead investor. METR’s goal is to bring more transparency into the condition of technical systems in buildings and to make the management of living spaces more efficient. METR is developing an intelligent building management platform that enables networked applications in the housing industry.
The GBG group includes GBG – Mannheimer housing construction company mbH ( the largest local housing construction company in Baden Württemberg), BBS (the education building enterprise of the city of Mannheim), the project development company MWSP, and the service company ServiceHaus (who operates beyond Mannheim city limits).
Next Big Thing AG (NBT) is Europe’s leading startup incubator in the field of Internet of Things and Services (IoT), which acts as a company builder and operational VC in a constantly expanding ecosystem of corporates, founders, technologists, entrepreneurs, investors and politicians. NBT also represents the IoT Hub of the Digital Hub Initiative of the Federal Ministry of Economics and Energy in Germany. Over the past 2.5 years, the NBT has successfully launched IoT startups in the real estate, energy, logistics, health and safety sectors in close collaboration with industry partners.
Dr. Franka Birke (Managing Director)
Tel: 0176 / 609 544 30