Company Research Report: Built AI
Company Overview
- Name: Built AI
- Mission: Built AI aims to empower real estate professionals with AI technology to assist in property decision-making, transforming the real estate industry into an efficient, transparent, and liquid asset class.
- Foundation: Built AI was founded in 2021.
- Key People:
- Natan Lempert, CEO
- Firoz Noordeen
- Robin Perrault
- Dan Cohen, Founder
- Arthur Cole-Fontayn, Investment Manager
- David Kershaw, Group Real Estate Director
- Headquarters: 57-59 Haymarket, St. James’s, London SW1Y 4QX, UK
- Number of Employees: 11-50
- Revenue: No information is available
- Known For: Built AI is known for its AI-powered platform that leverages street-level data insights, fast and powerful financial modeling, and machine learning to help real estate investors make data-driven investment decisions.
Products
Main Product: AI-Powered Platform
- Description: Built AI offers a cloud-based SaaS platform designed to provide real estate investors with enhanced data insights and financial modeling capabilities.
- Key Features:
- Automated Financial Analysis: Provides comprehensive cash flow models and tailored financial analyses instantaneously.
- Business Plan Visualization: Enables investors to map leasing events and build business plans with an overview of risks and opportunities.
- Market Data Access: Allows direct access to a database of over 200 brokers for leasing and investment comparables.
- Institutional Memory: Maintains records of all data from deals in the pipeline for continuity of knowledge.
- Optimal Collaboration: Facilitates easy sharing of deal analysis with partners and third parties.
Recent Developments
- New Product Launches: No information is available
- New Features:
- Enhanced integration capabilities for deal assessment by leveraging multiple data sources to expedite due diligence.
- Improved user interface for seamless integration into user workflows, simplifying complex tasks.
- Partnerships: Participation at events such as PropTech Connect 2024 and UKREiiF indicated collaborations and recognitions in the PropTech community.
Awards and Recognitions
- Built AI has been shortlisted and recognized in various industry awards such as:
- Finalist for Proptech Solution of the Year and Proptech Innovator of the Year at the Property Awards 2024.
- Shortlisted for the Proptech and Innovation Award at TheProps2024.
- Nominated as one of the top 10 PropTech finalists at the 2024 GRI Awards.
Funding
- Recent Funding Round: Seed round on September 1, 2022, raising US$ 2.5M.
- Notable Investors:
- Puli Liyanagama
- Philipp Mohr
Conclusion
Built AI leverages cutting-edge AI technology and data insights to transform the real estate investment landscape. With a focus on speed, accuracy, and integration, Built AI continues to drive advancements in property decision-making, moving towards establishing itself as an indispensable tool for real estate professionals.