act legal Austria (WMWP Rechtsanwälte) 9. March 2021

WMWP advises Wowflow from Vienna on EUR 300,000 financing round

WMWP Rechtsanwälte GmbH, led by partner Dr. Paul Koppenwallner, LL.M., advised and supported the Viennese start-up Wowflow in the current financing round with its legal expertise.

The two founders Drazen Ivanis and Misha Voronko had a clear idea who should accompany them through this process:

For us, it was important to have a legal partner that can help to focus on the most important aspects of the Pre-Seed deal, set the appropriate legal structure for future rounds, and be very responsive in the dynamically changing environment of the fundraising process – and Paul Koppenwallner simply exceeded our expectations.

The investment in the amount of €300,000 is expected to drive growth in the German-speaking region. The accelerating digitization of the conservative real estate sector, combined with the rising trend toward outsourcing facility management and maintenance services, helped the company triple its revenue in 2020 and attract clients such as Forstinger and Reiwag Facility Services.

Dr. Paul Koppenwallner warmly congratulates the company and says of the collaboration:

Wowflow is pursuing an exciting, future-oriented concept that can further leverage synergies and efficiency in the real estate sector. We are very pleased that wowflow has placed its trust in us for the current financing round.

For more information please contact

Dr. Paul Koppenwallner, LL.M.

act legal Austria WMWP Rechtsanwälte Vienna, Austria
Phone: +43 512 59 55 700