PriceHubble acquires the PropTech Realtify and expands to Czech Republic and Slovakia
Published by Igor Omarov - 24 June 2021
PriceHubble reaches a new milestone in its international expansion. The fast growing B2B-PropTech, founded in Switzerland in 2016 by Dr. Stefan Heitmann and Markus Stadler, successfully completes its fourth acquisition, buys the Czech PropTech Realtify and is now operating in nine countries.
PriceHubble is a B2B-PropTech company that builds innovative data-driven digital solutions for the entire residential real estate and finance value chain. Leveraging big data, cutting-edge machine learning analytics and state-of-the-art visualisation technology, PriceHubble brings its product suite based on property valuations and market insights to the market. With this fourth acquisition, the PropTech cements its leadership position in Europe as well as its growth and expansion strategy. With a future focus on Central and Eastern Europe, PriceHubble is entering the Czech and Slovak markets. PriceHubble was founded by Dr. Stefan Heitmann and Markus Stadler in Zurich in 2016 and is now active in nine countries in Europe and Asia.
Realtify was founded in Prague in December 2019 by Vladislav Kochetov and has rapidly built traction in its market. The Czech PropTech provides analytical and research tools for residential real estate professionals with a team of currently 10 specialists. PriceHubble acquires 100% of Realtify, which will be operating as PriceHubble Czechia with immediate effect. The Realtify team will be fully integrated within PriceHubble and Vladislav Kochetov will take on the role of Managing Director of the new entity. He will be responsible for PriceHubble's business development in Central and Eastern Europe.
«We are proud to be part of the PriceHubble-family. The whole team is looking forward to working with the global powerhouse for AI analytics and digital real estate solutions and together we will significantly contribute to the digitisation of the entire value chain in Central and Eastern Europe,» says Vladislav Kochetov.
«PriceHubble is, without doubt, one of the fastest growing PropTech companies in Europe and we are further strengthening our position with this transaction. There is a strong growth potential in Central and Eastern Europe and adding Realtify to the team enables us to accelerate our market expansion in the region,» adds Julien Schillewaert, CEO of PriceHubble.
Dr. Stefan Heitmann, Chairman and Founder of PriceHubble, comments on the latest acquisition: «We already serve customers in the region and the acquisition creates synergies for both our customers and us. PriceHubble is not only one of the fastest growing global PropTechs, but also the most international one.»
PriceHubble currently employs over 100 specialists and is active in the following nine countries: Switzerland, France, Germany, Austria, the Netherlands and Belgium, Japan - and now also in Czech Republic and Slovakia.
PriceHubble, the global property data and technology business, has acquired Dataloft, a leading UK residential property market intelligence company. This marks PriceHubble’s fifth acquisition to date and represents a significant milestone in its global growth strategy following a launch in the UK market last autumn, building on the success in Europe and Asian markets.
TECMA Solutions S.p.A. and PriceHubble are launching a long-term partnership across multiple countries. The aim is to leverage synergies of the joint customer segments to expand the range of digital solutions along the residential real estate value chain for customers.
B2B PropTech PriceHubble has published its second Yield Overview for European cities. The study supports an efficient identification of the key trends in rental yields for cities across Switzerland, Germany and Austria.
