Austrian PropTech Lystio Secures €500k to Enhance and Expand Across Europe

The Austrian startup Lystio, focused on developing AI-driven real estate solutions, has secured €500k to enhance its platform and expand throughout Europe. Founded in 2024 by Philipp Attensam, Constantin Weiland, Mikail Celik, and Stefan Wagner, Lystio aims to revolutionize the real estate market by moving away from the traditional pay-to-rank model through a new search algorithm focused on relevance. Key participants in the funding round include both local Austrian investors and notable Silicon Valley business angels, including an early Google employee. This aligns with a broader European trend of investment into AI-enabled PropTech solutions.