Alasco

Alasco offers a cloud-based software-as-a-service (SaaS) platform for financial and sustainability management in real estate projects. The company was founded in Munich, Germany, in 2018 by Anselm Bauer, Benjamin Günther, and Sebastian Schuon. The trio had previously founded and successfully sold the fashion search engine Stylight, and their experience in real estate investments following the sale highlighted the need for digitalization in the construction and property sectors.

The platform is designed to replace manual processes and fragmented spreadsheets, providing a unified system for all project stakeholders. It connects teams, automates workflows, and offers real-time data to give developers, project managers, and investors control over their projects. Alasco's core functionalities include budgeting, cost and revenue tracking, invoice management, cash flow forecasting, and reporting. By centralizing financial data, the software enables users to monitor budget versus actuals in real-time, identify potential cost overruns early, and make data-driven decisions. The system also facilitates collaboration between contractors, developers, and finance teams.

A key aspect of Alasco's service is the integration of Environmental, Social, and Governance (ESG) criteria with financial data. The platform allows users to track their carbon footprint, monitor energy consumption, and manage waste, aligning financial decisions with sustainability goals. This feature is intended to help real estate companies manage the entire lifecycle of a property, from construction and maintenance to sale, in a more sustainable and profitable way. The company serves real estate developers, asset managers, investment managers, and fund managers, with clients including notable industry players like Hines, SORAVIA, and Garbe. The business model is based on its SaaS platform, which aims to increase project volume for clients without needing to expand their teams.

Keywords: real estate financial management, construction cost control, proptech, real estate ESG software, project budgeting software, real estate saas, construction financial management, cash flow forecasting, invoice management automation, real estate sustainability, capital expenditure planning, portfolio management software, investment management real estate, construction project controlling, digital cost management, Anselm Bauer, Benjamin Günther, Sebastian Schuon, real estate reporting, decarbonization analysis