Following its launch in the UK, PriceHubble has acquired Dataloft, a UK residential property market intelligence company, making it the fifth acquisition to date to support its global growth strategy.
With the housing market showing signs of stabilising, PriceHubble is picking up momentum with its growth and expansion plans. The Swiss startup, which enables better real estate decisions using ML and Big Data, has acquired UK-based Dataloft. Founded in 2009, Dataloft leverages advanced analytics and geospatial techniques to visualise and report on market trends. Through its online platform, Dataloft Inform, it translates millions of data points into trends, insights, and visualisations on local, regional and national housing markets.
In addition, Dataloft offers the most comprehensive source of achieved rents and renter demographics in the UK through its Dataloft Rental Market Analytics (DRMA) platform. Among its clients are some of the country’s best-known names in real estate.
Dataloft will continue operating as a separate legal entity in the UK, leveraging its well-established brand and maintaining customer relationships while gaining access to PriceHubble’s technology and Europe-wide data resources. Further integration into the PriceHubble Group is planned for the coming year.
Sandra Jones will retain her leadership position as Managing Director of Dataloft. She commented: “PriceHubble is one of Europe’s fastest growing data science proptechs. We share a product and customer vision and benefit from the acquisition in several respects. In addition to PriceHubble’s international reach and global strategy, we also gain access to sophisticated market and data technologies and reach new customer segments, particularly in the financial services sector, as well as pan-European market coverage. We will also benefit from access to Europe’s largest data science and tech team focused on residential real estate.”
Stefan Heitmann, founder and Executive Chairman, said: “The UK, Europe’s largest real estate and banking market, is strategically important to us. With the acquisition of Dataloft, we gain an exciting business with deep-rooted market expertise in the UK, and we are very excited to welcome to the PriceHubble family a team of very professional and highly experienced housing market experts who know the UK market inside-out.”
With its extensive market experience, PriceHubble continues to focus on partnering with UK banks, wealth managers, real estate agents, mortgage brokers, IFAs and fintechs, to deliver powerful property insights that can be digitally embedded into their customer journey, transforming engagement and overall business performance.
(Press release/RAN)
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