Austrian PropTech Lystio closes €500k round to refine real estate portal and expand across Europe

By Mehreen Fayaz • Thu Feb 26 2026

Vienna-based AI-native real estate portal Lystio has raised €500K in a fresh funding round to accelerate development of its AI-powered search algorithm and prepare for broader European expansion. Headquartered in Vienna, the startup is positioning itself as a relevance-first alternative to traditional property portals by replacing the widely used pay-to-rank model with an intent-based search system. The round includes Austrian investors and international business angels from Silicon Valley, reflecting continued investor confidence in AI-driven real estate discovery platforms despite a more selective funding environment.

Founded in 2024, Lystio has focused heavily on a content- and creator-led distribution strategy, generating more than 30 million video views, building a 30,000+ follower base, and attracting over 40,000 monthly users. Active listings on the platform have grown from around 4,000 to more than 50,000, covering residential, commercial, land, and parking assets. Operating on a free base model with optional premium features, the company aims to scale sustainably while strengthening its position in Austria before expanding into additional European markets, aligning with a broader wave of AI-powered PropTech innovation across the region.