Proptech startup PriceHubble raises $34 million, pushing further for international expansion
Swiss proptech startup PriceHubble, building innovative digital solutions for the real estate industry based on property valuations and market insights, has raised $34 millions in a Series B to further enhance its international expansion. The round was led by Digital+ Partners. Latitude Ventures and TX Ventures saw participation too with existing investors Swiss Life and Helvetia Venture Fund joining in the round as well.
PriceHubble was founded in 2016, they leverage big data, cutting-edge analytics and great visualization. Their products suite bring a new level of transparency in the market, enabling their customers to make real estate and investment decisions based on the most accurate data-driven insights (such as valuations, market analyses, value forecasts or building simulations) and enhance the dialogue with end consumer.
Already active in nine markets, Switzerland, France, Germany, Austria, Japan, Netherlands, Belgium, Czech Republic, and Slovakia, PriceHubble has seen its customer base triple over the past year. The startup counts over 800 customers and a staff of 130. The company’s digital solutions are designed to help all players across the entire real estate value chain (banks, asset managers, developers, property managers and real estate agents).
Julien Schillewaert, the CEO of PriceHubble stated:“The entire PriceHubble-team is extremely proud to announce this successful Series B funding. It is a major milestone towards accomplishing our vision of becoming the undisputed leader in data-driven digital solutions for real estate and finance in Europe and Asia.”
Dr. Stefan Heitmann, Founder and Chairman of the Board of Directors of PriceHubble AG, adds:“With this new capital, PriceHubble can further accelerate the global market expansion and continue expanding our technology leadership in data driven solutions for the real estate and finance markets. It is one of the largest B-rounds in the European PropTech scene and I would like to thank both our existing and new investors for their trust and strong commitment.”
Source: Venturelab “PriceHubble raises a USD 34 million Series B round to strengthen its leadership position in Europe and accelerate its international expansion”