PriceHubble takes over Checkmyplace
The Zurich proptech company PriceHubble takes over the Austrian company Checkmyplace. PriceHubble uses Artificial Intelligence to simplify the valuation of real estate. With the takeover, it wants to grow internationally.
PriceHubble takes over 100 percent of the shares in Checkmyplace GmbH , according to a media release . According to co-founder Markus Stadler, the company wants to strengthen its position in the German-speaking area. "We can now also offer multinational real estate companies in the DACH region additional added value," he says.
PriceHubble makes it possible to gain useful knowledge for the valuation of real estate from large amounts of data. For example, it includes data on the location, the neighborhood or noise pollution in the assessment. The data is evaluated and clearly presented with the help of big data analytics and artificial intelligence. PriceHubble is aimed at all parties in the real estate value chain, such as real estate portals, banks, asset managers, insurance companies, real estate investors and private individuals.
Checkmyplace delivers services and products based on various data and supports professional users in the real estate industry in working more efficiently. After completion of the takeover, the company will appear under the name PriceHubble Austria.
PriceHubble was founded in 2016. The Zurich-based company already has locations in Paris, Berlin and now also in Vienna. As a result of the takeover, over 70 employees work for the company.