Five new property tech start-ups have been inducted to the Pi Labs Accelerator.
The five start-ups will be mentored and funded through a 13-week programme designed to fast-track their growth. The programme culminates with a demo day where the start-ups pitch to a room full of investors.
The third cohort comprises
A platform for Chinese and other international students to find accommodation.
Enables developers to discover the professionals behind projects they admire and crease online notebooks. A who’s who of a building’s players
A tenant engagement platform that links office workers directly with services
Enables developers to instantly identify what risks and opportunities are posed to projects by the planning system
Uses big data to identify trends, risks and opportunities across the market
Mary Criebardis Singh, programme director at Pi Labs, said: “When we met these young founders we were impressed with their vision and tenacity, and with the traction they have received so far.”
She added that the firm was seeing an increasing trend in the use and analysis of data for the residential sector, in the planning and permissions space, in student housing and in the building design and use of commercial spaces.
Since 2014, Pi Labs, one of the first proptech venture capitalist firms to be established in the UK, has put 10 companies through its cohort programme, excluding this latest crop. Of the 15 accelerator companies, more than half (53%) have been focused on the residential market, 27% on commercial and 20% on hospitality and retail.
Almost 600 companies have applied to be part of the programme since inception.