PriceHubble was crowned the winner of the Invest category in the international Real Estate Innovation Contest 2018, pipping four other startups to the post. The startup proudly announced its victory in a Twitter post. The award was presented at the Exporeal 2018 trade fair in Munich, with several pre-selection rounds taking place before the final.
PriceHubble turns huge data sets into accessible and lucid insights for successful navigation of the real estate market. For the valuation, it draws on data concerning location, the neighbourhood or noise pollution, for example. This data is evaluated using machine learning and then visualised. PriceHubble addresses all parties to the real estate value chain, such as real estate portals, banks, asset managers, insurance companies, real estate investors and private individuals.
Winning this award will boost the expansion of the company in Germany. At the start of the year, PriceHubble acquired the startup YouVal in Hamburg, which also specialises in the development of digital real estate solutions and operates the platform immolyze.de. The company has since been renamed PriceHubble Deutschland GmbH. Commenting on this transaction, CEO and co-founder of PriceHubble Markus Stadler identified great potential for PriceHubble in Germany.
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