PriceHubble, a Zurich, Switzerland-based AI-driven real estate valuation startup, closed multi-million Franc Series A financing round.
The round was led by Helvetia Venture Fund with participation from existing investors Swiss Life and Swisscom Ventures, and members of the btov private investor network.
The company intends to use the funds for further growth.
Founded in 2016 by Markus Stadler and Stefan Heitmann, PriceHubble uses machine learning to offer various data-based real estate services, such as online real estate valuations. A large quantity of data concerning the location and neighbourhood as well as sentimental factors such as noise pollution and other emissions are included in the valuation. PriceHubble addresses all parties to the real estate value chain such as real estate portals, banks, asset managers, insurance companies, real estate investors and private individuals.