Lively, an Aachen-based startup focused on senior living concepts centered on social participation and local integration, has completed a financing round with investment firm neworld and reshaped its shareholder structure in the process.
Under the transaction, Landmarken Group now holds nearly one third of the company, while neworld remains the largest investor. Management, led by founder and managing director Christina Kainz, also retains a significant stake. Some earlier investors partially exited as part of the deal. The company did not disclose the size or type of the round.
Lively said the fresh capital will be used to expand sites, further develop its operating model, build sales structures to support landlords in a management model, and strengthen operational management. The company currently operates sites including Gronau and Duisburg, with another location in development in Mülheim an der Ruhr.
The deal comes as demand for senior housing models with a stronger community focus continues to draw investor interest in Germany.
Under the transaction, Landmarken Group now holds nearly one third of the company, while neworld remains the largest investor. Management, led by founder and managing director Christina Kainz, also retains a significant stake. Some earlier investors partially exited as part of the deal. The company did not disclose the size or type of the round.
Lively said the fresh capital will be used to expand sites, further develop its operating model, build sales structures to support landlords in a management model, and strengthen operational management. The company currently operates sites including Gronau and Duisburg, with another location in development in Mülheim an der Ruhr.
The deal comes as demand for senior housing models with a stronger community focus continues to draw investor interest in Germany.