Ringier Digital Ventures Invests in Swiss Proptech Startup Archilyseby Company Announcement November 19, 2018
Together with PropTech1 Ventures, Zürcher Kantonalbank and Dr Stefan Heitmann (founder of MoneyPark and PriceHubble), Ringier Digital Ventures is investing in the current round of financing of the Swiss proptech startup Archilyse.
Alongside Flatfox and Movu, this is the third proptech investment by Ringier Digital Ventures. Archilyse was recently selected as one of Europe’s top 25 proptech start-ups at EXPO REAL, Europe’s largest B2B trade fair for real estate and investment.
Archilyse was founded in 2017 by Dr Matthias Standfest as an ETH Zurich spin-off. From the beginning, it has focused on the practical application of artificial intelligence in the real estate sector. Archilyse measures data-based architectural characteristics of properties and makes this data available to project developers, architects and real estate companies as a SaaS (software as a service) solution, to help optimise various processes in the real estate value creation chain.
For example, the Archilyse software enables an automated compliance check with local construction standards. Real estate companies and asset managers can digitalise their portfolio and use data enhancement to conduct more precise property evaluations, thereby determining factors such as rent prices in line with market standards. Development planners, interior designers and consultants can access visualisations and room utilisation analyses.
Thomas Kaiser, Chairman and Partner of Ringier Digital Ventures, commented on the investment:
«Ringier Digital Ventures sees huge potential in the digitalisation of the real estate market. A large proportion of assets worldwide are invested in real estate. Archilyse not only helps to correctly evaluate these assets, it also radically simplifies many processes involved in planning and managing properties.»
Featured image credit: Edited from archilyse