Zurich-based property valuations and market insights platform PriceHubble has raised $34 million in a Series B round. The startup provides AI analytics and data services for the residential estate sector. With the fresh funding PriceHubble aims to accelerate further growth and international expansion.
Founded in 2016, PriceHubble provides customers a series of actionable analytics via user-friendly data visualisation. Data sources include valuations, market analyses, value forecasts, and/or building simulations, and the company targets banks, asset managers, developers, property managers, and real estate agents.
Now 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 Series B round was led by Digital+ Partners with Latitude Ventures, TX Ventures participating alongside existing investors Swiss Life and btov/Helvetia Venture Fund. The oversubscribed round also included a number of angel investors including Dr. Martin Enderle, Chairman of Delivery Hero and former CEO of Scout24 Group
"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," commented Digital+ Partners’ Patrick Beitel. "In combining an excellent team, a mature technology-driven organisation 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 organisation internationally."