Proptech firm REalyse clinches £500,000 in seed capital

REalyse, a property analytics company, has closed £500,000 in seed capital led by Quivira Capital’s Rajiv Nathwani, with participation from Round Hill Capital, Pi Labs and Anthemis Group.

Launched on the back of the funding today, London-based REalyse harnesses a wide range of collated data sets to inform the decisions of residential property developers and investors.

The user can see current and historic data from over 170 datasets including investment yields, total returns, pound per square foot values and transaction volumes to identify trends and future investment opportunities.

REalyse also draws on supply and demand data and even socioeconomic factors such as investment in infrastructure and growth of local jobs.

Gavriel Merkado, CEO of REalyse, commented: “I am incredibly excited by the potential to use this funding round to radically update how the property industry uses data, and very proud of all the hard work the team has put into building what is arguably, already the leading data system for property developers in the UK.

“It is unacceptable that almost £5 billion annually is lost by businesses in wasted time and missed investment opportunities.”

Nathwani said: “Until now, property has been behind-the-times in terms of utilising big data. I am very excited to be involved with REalyse, the cutting-edge data specialist set to revolutionise this market.”