3 SaaS Startups in the Property Development Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the Property Development industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 3 VC funded SaaS startups in the Property Development industry.

LandTech

An end-to-end workflow platform called LandTech makes land available for development. The business offers a set of tools that make it easier to locate off-market prospects and to oversee the work involved in getting them ready for building. With its headquarters in London, England, the United Kingdom, LandTech was established in 2010.

Company details:
Founders:
Andrew Moist, Jonny Britton
Founded:
2010
Based in:
London, England, United Kingdom
Website:
LandTech
Industries:
Marketing, Property Development, Property Management, Real Estate, SaaS, Software
Latest funding:
$57,176,696
Series A
8 October 2021
Total funding:
$57,855,564
Investors
Seedrs, Seedcamp, Pi Labs, Flashpoint, Updata Partners

PROPSTER

We envision Our goal is to have 100% online property management for buyers, tenants, and investors. By doing this, we support the property firms' clients throughout the full project lifecycle. Our objective We provide real estate businesses the tools they need to promote off-plan sales, improve productivity, and give their clients—buyers, tenants, and investors—a wonderful buying experience through more transparency, consistent communication, and thorough documentation. Product attributes The cloud-based configuration platform PROPSTER has several capabilities to optimize the management of real estate developments. The handover tool, the 3D configurator, the electrical configurator, deadline management, and defect management are among the most crucial tasks. The platform as a whole is designed with our clients' and their customers' needs in mind. the new idea Before the sale begins, we employ machine learning to estimate the ideal layout of the property using demographic data, project specs, and client information. The real estate organizations may plan more safely, sell properties more quickly, and handle the property acquisition more effectively by merging the configurator and e-commerce methods.

Company details:
Founders:
Andreas Quast, Milan Zahradnik
Founded:
2017
Based in:
Vienna, Wien, Austria
Website:
PROPSTER
Industries:
Big Data, E-Commerce Platforms, Information Services, Information Technology, Property Development, Real Estate, SaaS
Latest funding:
$3,674,547
Seed
25 May 2021
Total funding:
$3,674,548
Investors
Pi Labs, Axeleo Capital, aws Gründerfonds (aws Founders Fund), Realty Corporation, Allinvest Unternehmensbeteiligungs GmbH

VU.CITY

Until now they have relied on physical models and CGIs to help visualise the future. Now VU.CITY has created the largest and most accurate truly interactive digital city model, continuously updated to provide a revolutionary tool for architects, developers, advisors and the public sector. VU.CITY saves time and money for anyone involved in planning or development and is directly leading to better decision making. It is already being used by local government, public bodies, architects, land owners, developers and property agents. Using game engine technology, users can import their own 3D model into VU.CITY to immediately place their proposals in context and test their visual impact, scale and massing.

Company details:
Founders:
Gordon Ingram, Jason Hawthorne
Founded:
2015
Based in:
London, England, United Kingdom
Website:
VU.CITY
Industries:
Commercial Real Estate, Property Development, Property Management, Real Estate, SaaS, Smart Cities
Latest funding:
$7,077,992
Series A
1 June 2021
Total funding:
$11,096,913
Investors
Grosvenor Hill Ventures, Ramboll

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