With being the fastest growing proptech startup in Switzerland, PriceHubble is now looking forward to diving deep with its capital venture. The leading AI analytics and data startup has successfully secured US$ 34 million in a Series B funding round on July 19 2021, led by Digital+ Partners and other notable investors like TX Ventures, Latitude Ventures with selective participation of business angels like Dr Martin Enderle. The funding round also saw the participation of the already subsisting investor base, Swiss Life and btov/Helvetia Venture Fund.
About the Company
The Swiss startup, PriceHubble, founded in early 2016 by Dr Stefan Heitmann and Markus Stadler, has undergone a swift and successful growth and is currently participating in 9 other markets: Switzerland, France, Germany, Austria, Japan, Netherlands, Belgium, Czech Republic and Slovakia.
PriceHubble is a Zurich-based B2B proptech startup that develops digital solutions for real estate enterprises based on property estimates and market insights. PriceHubble’s help players digitally across the real estate price chains like banks, property managers, developers, asset managers, and real estate agents.
It is rapidly expanding its customer base in Europe and Asia. It has clients in about 800 companies and employs over 130 specialists.
Purpose of Investment
PriceHubble will use the acquired capital from this investment to enhance its growth and expansion strategy and also look forward to innovating data science resources extensively.
What the CEO has to say
Julien Schillewaert, the CEO of PriceHubble, said, “The complete PriceHubble-team is very proud to announce the completion of this successful Series B funding. It is a breakthrough towards accomplishing our mission of becoming the indisputable leader in data-driven digital solutions for real estate and finance in Europe and Asia.”
Founder and Chairman of the Board of Directors of PriceHubble AG, Dr Stefan Heitmann, said, “With the new funds, PriceHubble can further stimulate the international market expansion and technology control in data-driven solutions for the real estate and finance businesses. The funding round is one of the largest B-rounds in the European PropTech commotion, and I would like to thank both our existing and brand-new investors for their great trust and commitment.”
What that Investors have to say
Co-Founding Partner and Managing Director at Digital+ Partners, Patrick Beitel, stated, “By successfully working in 9 international markets, we think that PriceHubble is very well placed to become the global leader in residential real estate analytics. In coupling an excellent team, a mature technology-driven unit and best-in-class UX, PriceHubble is ideally provided to accelerate further growth possibilities, bring out the top talent to the go-to-market business internationally.”
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