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The Unseen Polish Powerhouse
Enxoo is quietly transforming real estate tech with a €19.5M revenue engine
While the world chases AI hype cycles, Enxoo is building the fundamental infrastructure for the European real estate industry. This isn't a startup—it's a €19.5M revenue machine that's been quietly executing since 2013.
"They're not building another listing app—they're building the operating system for the entire real estate value chain."
The Real Estate Tech Gap
Most real estate tech companies focus on the consumer-facing layer (Zillow, Redfin clones). Enxoo operates in the B2B infrastructure layer, providing the connective tissue between property developers, brokers, and financial institutions. This is where the real money moves—enterprise contracts, not consumer ads.
The Revenue Engine
With 221 employees generating €19.5M in revenue, Enxoo achieves €88k revenue per employee—a healthy efficiency ratio for a B2B SaaS company. This suggests they're not burning cash on growth at all costs, but building sustainable enterprise relationships. The Polish tech ecosystem has produced another quiet giant.
The leadership team reveals their DNA: Artur Ostrowski (CCO), Daria Konopka (Product Owner), and Magdalena Dobrowolska (Business Architect). This is a product-led organization, not a marketing-first one. The presence of a Business Architect as Chief Product Owner signals they're building complex, integrated systems rather than simple apps.
- Enterprise-first approach: Building for large real estate organizations, not individual agents
- European market focus: Likely serving the fragmented EU real estate landscape
- Product-led growth: Leadership structure emphasizes product ownership and business architecture
- Sustainable scaling: €88k revenue per employee indicates healthy unit economics
The Polish SaaS Playbook Works
Enxoo proves that building deep industry verticals beats chasing broad platform dreams
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