Billys, founded by DMST alumnus Panos Riniotis, secures €2.1M in seed funding

Billys Secures €2.1M in Seed Funding

A major milestone for Department of Management Science and Technology alumnus Panos Riniotis, founder and CEO of Billys! The platform, which has already made life easier, more transparent, and more collaborative in more than 30,000 apartments, has secured a new €2.1 million funding round. With the support of top investors, the next phase of growth is here—more ambitious than ever.

Participants in the new round include, among others, Deep Capital Group, Giorgos Daskalakis (co-founder of Kaizen Gaming), Genesis Ventures, and Lamda Development—investors who recognize the potential of technology to improve our everyday lives.

What This Investment Means

With this boost:

  • We are strengthening our marketing efforts to bring Billys to every apartment building in Greece and Cyprus.
  • We are expanding into new markets over the next 12–18 months.
  • We are enriching the platform with even more features, always aiming to support building managers and ensure transparency for all residents.

As our CEO, Panos Riniotis, stated:
“The future is digital, and apartment buildings must not be left behind. This investment gives us the means to accelerate this transition—first in Greece and Cyprus, and then internationally.”

 

From Startup to Pioneer

We launched at the end of 2022 with a simple yet ambitious vision: to bring digital transformation to apartment buildings. Two years later, we are proud to support more than 2,500 buildings in Greece and Cyprus, and our community is growing every day.

Users of our platform automate processes, manage finances with full transparency, vote electronically, and find reliable professionals for services such as cleaning, elevator maintenance, fire safety, legal support, and even energy-saving solutions.

 

The Apartment Building of the Future

Billys is not just an app. It is a tool that brings organization, transparency, and collaboration exactly where we need them most: in our daily lives, right at the entrance of our building.

This investment isn’t just about Billys. It’s about every apartment building that wants to leave behind paper and spreadsheets and enter the era of smart, sustainable management.

The next day begins now—and it is digital. Don’t miss it! Start saving time and money today with Billys Smart.