In its Series B investment round, PriceHubble, a leading provider of AI, analytics, and data in the residential estate industry, raised USD 34 million in new funding. The investment round was led by Digital+ Partners with Latitude Ventures, TX Ventures, and a few business angels, including Dr. Martin Enderle. Among the investors who invested in the round were Swiss Life and btov or Helvetia Venture Fund.
Julien Schillewaert, 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, further added: “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.”
By developing data-driven, machine-learning-based real estate products that focus on valuations, predictive analytics, and actionable insights, PriceHubble aims to radically improve customer experiences across the real estate and mortgage value chains. The PriceHubble products and tools enable B2B clients to leverage the power of big data analytics to achieve a higher level of transparency and make smarter business decisions. The investment will be used to further expand PriceHubble’s data science and growth strategies.
Patrick Beitel, Co-Founding Partner and Managing Director at Digital+ Partners said, “By successfully operating in nine international markets, we believe that PriceHubble is very well positioned to become the international category leader in residential real estate analytics. In combining an excellent team, a mature technology-driven organization, and best-in-class UX, PriceHubble is ideally equipped to accelerate further growth opportunities, attract further top talent, and scale-up the go-to-market organization internationally.”