VCs back property data firm REalyse with £3m Series A investment
Real estate data and analytics platform REalyse has secured seven-figure backing in a Series A round led by venture capital firms Anthemis Group and XTX Ventures.
The £3m investment, confirmed this morning (January 22), is the London-based company’s third funding round in just two and a half years.
Founded in 2016, REalyse’s aim is to use actionable analytics to enable residential property professionals to determine where, when and what to build.
Its big data platform is looking to disrupt the market by allowing users to access UK-wide datasets, going back 20 years, much more quickly, cheaply and efficiently.
REalyse’s client portfolio includes a mix of national and international businesses, among them Legal & General, Colliers International, Cushman & Wakefield and Quintain.
Gavriel Merkado, the firm’s founder and CEO, said: “Property has been crying out for the same transformation seen across insurance and financial services, and by applying cutting edge quantitative analytics technology, we plan to do the same for development and investment management.
“We want to offer the clarity and transparency that UK real estate is known for by making access to data easier and more intuitive.”
He continued: “We are extremely grateful to our clients and investors for their continuing support in helping us continue on our mission.”
Anthemis Group MD Iason Nikolakis commented: “Anthemis sees significant growth potential in REalyse.
“We are believers in the team’s strategy and are excited about the unique, data-driven product they are bringing to the real estate industry.”
REalyse is based at 1 Fore Street in central London.
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