Impower

What Impower does

Impower GmbH is a Munich-based cloud SaaS company, founded in 2019, that provides ERP and accounting software for property management companies in Germany. Its platform unifies WEG (condominium), MV (rental), and SEV (commercial) management workflows on a single cloud system, covering invoice processing, automated posting of sales, payment transactions via EBICS/HBCI banking, document management, owners' meetings, and analytics. The company differentiates through what it describes as the first ERP with genuine bidirectional real-time interfaces to leading PropTech platforms — casavi, etg24, facilioo, DocuWare, SharePoint, ePost, and others — positioning Impower as the centerpiece of a modular ecosystem rather than an all-in-one suite.

The technology stack runs on AWS (with Azure and Contabo as secondary hosting), uses OCR for invoice text recognition, and integrates third-party LLMs (OpenAI, Google Gemini, Anthropic Claude, Mistral) for text optimization and data analysis. Infrastructure is GDPR-compliant with European data centers. The company is privately held and founder-controlled, led by CEO Thomas Klews, COO Jürgen Forscht, and Managing Director Matyas Albert-Nagy, with 11-50 employees.

Impower's revenue model combines SaaS subscriptions (pricing not publicly disclosed, quote-based with a 30-day free trial), one-time hardware sales of the co-developed Plustek scanner at €975 per unit, and professional services for complex migrations. The go-to-market is sales-led and community-led: direct inside sales with demo bookings, a free Impower Academy with 100+ webinars, active sponsorship of industry events (VDIV Verwaltertag, BVI Munich Administrator Days), and referral partnerships with casavi, etg24, facilioo, VDIV, and DHV+. The company won the German PropTech Award 2022 and serves a distributed customer base of mid-market and SMB German property management firms.

Name

Impower

Legal name

Impower GmbH

Website

https://en.impower.de

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Impower is a Munich-based cloud SaaS company providing ERP and accounting software for German property management firms, unifying WEG, MV, and SEV workflows with bidirectional integrations to leading PropTech platforms and AI-powered invoice processing.

Ownership category

akta.pro rank

Product category

Property Management Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

ERP Extensions & Add-ons (CPQ, Billing, Revenue Management) (HDAEAEAO)

Keywords

• Property management software
• Cloud accounting software
• Real estate ERP
• Invoice automation
• WEG property accounting

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription (ERP & Accounting Software): Impower operates as a cloud-based SaaS subscription model for its ERP and property management accounting software. Pricing is not publicly disclosed; prospects must request a demo and receive a personalized quote. A free 30-day trial is offered. The product scope covers accounting, property management, document management, communication, and analytics on a per-unit or subscription basis.
2. Hardware Sales (Plustek Scanner): Impower sells a co-branded Plustek scanner specifically designed for the Impower platform, enabling direct scanning into the accounting system. Priced at 975 EUR per unit (excluding VAT). This is a one-time hardware purchase complementary to the core software subscription.
3. Professional Services (Migration & Onboarding): Impower provides free migration of objects, contracts, and contacts from legacy systems as part of onboarding. The company also offers paid implementation support for open interfaces and complex migrations.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels9 records

Core offering

Impower sells a cloud-based ERP and accounting software platform for German property management companies, covering WEG (condominium), MV (rental), and SEV (commercial) management on unified workflows. The product automates the full accounting cycle — invoice entry with OCR text recognition, automated booking of sales, direct debits, EBICS/HBCI payment execution, service charge accounting, and digital owners' meeting management — and exposes bidirectional real-time interfaces to partner systems such as casavi, etg24, facilioo, SharePoint, and ePost. A co-developed Wi-Fi Plustek scanner is sold as a complementary hardware add-on for direct document digitization into the platform.

Product overview

Impower offers a single unified cloud-based property management software that serves as a next-generation ERP and accounting system. The core product handles all property management accounting and operations for WEG (condominium), MV (rental), and SEV management types. Key modules include invoice processing with text recognition, automated booking, payment transaction handling via EBICS/HBCI banking, document management, owner communication, and analytics. The product portfolio includes the core Impower Property Management Software platform, the Impower Plustek Scanner add-on for document digitization, and the Impower Academy educational platform. All components are designed to work together with open bidirectional interfaces to partner systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Impower Property Management Software Cloud-based ERP and accounting software for German property management companies covering WEG (condominium), MV (rental), and SEV (commercial) management with unified workflows for invoice entry with OCR, automated posting, service charge accounting, direct debit generation, EBICS/HBCI payment execution, document management, owners' meetings, customer portal integration, and analytics.
• Impower Plustek Scanner Co-developed Wi-Fi document scanner hardware that digitizes paper invoices and uploads them directly into the Impower accounting software with automatic text recognition (OCR) and pre-filled invoice entry masks, sold as a one-time purchase complementary to the core SaaS subscription.

Quantifiable outcome

• Saves up to 60 working days per year and unit through invoice processing automation (1 minute per invoice vs. 75 days/1,000 units average)
• +10 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability6 records

Feature8 records

Partnerships

14 partnerships are on record, tiered core and minor.

• DHV+ (Deutsche Hausverwaltung Plus GmbH)coreGTM or Marketing Partner · 25 February 2025DHV+, a leading platform for regional property management companies, partnered with Impower for the digital future of property management. Announced February 25, 2025, this partnership aims to bring Impower's cloud ERP system to DHV+'s network of regional property management companies.
• casavicoreTechnology or Integrationcasavi is a leading owner portal provider integrated with Impower via bidirectional interfaces. Data from Impower synchronizes directly with the casavi portal in real time - all changes in Impower are automatically transferred to casavi. casavi CEO Peter Schindlmeier stated Impower is the perfect partner because it is also a web-based system, allowing users to easily move between browser windows.
• ePost (Deutsche Post AG)coreTechnology or IntegrationStandard connection to Deutsche Post ePost enables serial letters and invitations to be created directly in Impower and forwarded digitally. Deutsche Post prints, stamps, and sends physical letters at the touch of a button. This is a standard integration included with Impower.
• etg24coreTechnology or Integrationetg24 is a customer portal provider. Impower is the first ERP with which etg24 has implemented a bidirectional interface. Tenants and owners can change their contact details in etg24 and they are automatically updated in Impower. When owners or tenants change, old contracts are terminated and new ones created in etg24, with service providers automatically informed.
• facilioocoreTechnology or Integrationfacilioo is a CRM system for property managers integrated with Impower via bidirectional interfaces. Data and documents are exchanged via a modern interface in real time and in both directions. The Jungnickels (Immomanager24.digital) use Impower and facilioo together along with DocuWare for comprehensive digital property management.
• VDIV Germany (Verband der Immobilienverwalter Deutschland)coreGTM or Marketing PartnerOfficial cooperation partner of VDIV Germany. Impower actively participates in VDIV events including the Verwaltertag (Administrators' Day) and Forum Zukunft. VDIV is the leading industry association for property managers in Germany.
• MicrosoftcoreTechnology or IntegrationImpower integrates with Microsoft Office and Microsoft SharePoint for document management. The ERP system connects to Microsoft 365 environments, enabling seamless workflows with Outlook and other Microsoft tools. The platform runs on Microsoft Azure infrastructure as well.
• PlustekminorStrategic or Co-development PartnerImpower and Plustek jointly developed a scanning solution for digitizing documents. The scanner connects to Wi-Fi, scans directly to Impower with automatic text recognition, and is priced at 975 EUR. This is a hardware-software co-development partnership.
• GetmomominorGTM or Marketing PartnerJoint webinar partner for content on preventing time wasters in property management. Getmomo provides expertise on process optimization and efficiency.
• Howden GroupminorGTM or Marketing PartnerJoint webinar partner addressing time management and process efficiency topics for property managers. Howden provides insurance and risk expertise.
• NeovarominorGTM or Marketing PartnerJoint webinar partner for digital document management and paperless administration topics, helping property managers digitize their administrative processes.
• InconminorGTM or Marketing PartnerJoint webinar partner focusing on AI in damage claim management - showing how AI can accelerate the claims process from handling to settlement.
• EverrealminorGTM or Marketing PartnerStrategic partner for property rental and sales as an additional business line for property management companies. Joint webinar on how automated accounting creates time for additional revenue-generating services.
• GPTI (German PropTech Initiative)minorStrategic or Co-development PartnerImpower is a member of the German PropTech Initiative (GPTI), which provides a platform for knowledge sharing on networked systems and automation potential in property management.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Haufe-Lexware: Major German software publisher with property management and accounting offerings (e.g., Lexware, Haufe Immobilien). Competes for the same SMB and mid-market German property managers with established brand and accounting integrations.
• MRI Software: Global real estate and property management software provider serving residential and commercial portfolios. Competes for enterprise-grade German PM firms that Impower targets as it moves upmarket.
• Yardi: Global property management software incumbent with a broad real estate portfolio suite. While not Germany-specialized, competes for any international expansion or commercial (SEV) deals that Impower may pursue.
• Aareon: Germany's largest provider of property management and ERP software (e.g., Aareon Wodis, SAP-basierte Lösungen). Serves the same German property management customer base with a much broader, deeply installed portfolio of legacy and cloud products.

Direct peers

• Immocloud: Cloud-based property management software targeted at German property managers and landlords. Direct competitor in the cloud-native WEG/MV workflow space that Impower addresses.
• Domus (Dataprojekt / Immotion): Long-standing German property management software with strong footprint among WEG and MV administrators. Competes directly for the same German condominium and rental management workflows that Impower targets.
• speedikon FM: German CAFM/property management software vendor focused on commercial and corporate real estate. Overlaps with Impower's SEV (commercial) management use case and German mid-market property managers.

Emerging players

• Allthings: Swiss-German PropTech providing a tenant and resident experience platform for property managers. Competes in adjacent layers (communication, portal) that overlap with Impower's casavi/etg24/facilioo integrations.
• casavi: Impower's own customer-portal partner that also sells directly to German property managers. While integrated today, casavi competes in the customer communication/portal layer that Impower's open architecture enables partners to deliver.

Others

• DATEV: Dominant German tax and accounting software platform used by accountants serving property managers. Already integrated with Impower for invoice scanning; relevant as adjacent enabling infrastructure rather than direct ERP competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Impower_GmbH
• Facebookfacebook.com/ImpowerGmbH
• LinkedInlinkedin.com/company/impower-gmbh
• TikToktiktok.com/@impower_gmbh

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Impower