Proptech platform Build-ID bags £1.1m investment

Build-ID, a property technology (proptech) platform, has raised £1.1m in funding from property investors Nick Leslau, Nigel Wray and Sandy Gumm, as well as Pi Labs.

Started as IndustryHub by Savannah de Savary in 2016, Built-ID has developed technology that enables members to identify the project teams behind properties and showcase their work to potential clients, investors and partners.

Officially launched today, the company has signed up a roster of high profile clients including CBRE, Capital & Counties, SOM, FARRELS and Lipton Rogers and features over 19,000 developments across 110 countries.

An upcoming feature of Build-ID’s technology is a “Shazam for the built environment”, enabling users to hold their smartphone up to a building to discover all the collaborators involved in the project and other projects they have been involved in.

de Savary said: “IndustryHub’s evolution into Built-ID marks a coming of age, as our member base continues to grow at an exponential rate ahead of our hard launch next month.

“What is significant is that our forthcoming features will make the platform far more than just a showcase of inspiring professionals: it will digitise and democratise word-of-mouth property industry insight.”

Nick Leslau said: “I believe Built-ID has the potential to transform how people interact with the built environment.

“If you want to fit-out the smallest shop, create the biggest office building or design the ultimate resort, Built-ID will save you enormous amounts of time and with their extensive and continuing buildings database they will become the go-to platform for anyone interested in buildings and the people behind them.”