Tenant Experience Platform, Aeria, Raises $1.8 m Pre-Seed Round Led by Kalaari and Foundamental Along With Others

Delhi, March 26, 2024: Aeria, a Tenant Experience and Asset Management platform for commercial real estate, has closed US$1.8 mil in pre-seed funding led by Kalaari Capital and Foundamental along with AC Ventures, AL Trust and several leading angels also participated in the round.

Founded by former co-founder of OxfordCaps, Priyanka Gera accompanied by IIM alum Piyush Kateja, Aeria uses cutting-edge technology and AI to transform the office buildings from a commodity to an experience. 

“Commercial real estate in APAC is estimated at 52 bn sft, expanding at CAGR of 15%. However, most owners currently rely on traditional methods to manage facilities and tenants. We aim to use technology to transform this experience and bring in efficiency to the owner’s operations.” said Priyanka Gera, Founder and CEO at Aeria.

To address this problem of fragmented infrastructure, Aeria offers comprehensive solution well-integrated with multiple technologies to create engaging digital experience in one app to manage operations by digitizing and automating manual tasks. It includes state-of-the-art access and parking management systems, delivery-to-desk services, fully integrated and seamless visitor management solution, end-to-end well automated complaint resolution, last-mile commute addition, F&B integration, move-in services, and community management, among others. 

 “The real estate post-COVID world must evolve, especially the lack of predictability in demand and supply since 2020 in the commercial real estate sector. In an environment of digital disruption and technology, focus on improving tenant and visitor experiences is not an option. It is mission-critical. We believe that commercial real-estate is going to get a massive digital upgrade. We are proud to be backing Priyanka for the second time and believe in her ability to redefine how people engage with offices and shopping malls on a daily basis.” said Sampath P, Partner at Kalaari Capital.