3 years ago

Built AI Secures £2 Million Seed Funding to Revolutionize Commercial Real Estate Analysis

  • Built AI, a London-based proptech startup, has raised £2 million in a seed round led by ex-Apple and DataTiger executives

  • The company's platform uses natural language processing to extract data from property brochures, enabling commercial real estate investors to analyze potential investments more efficiently

  • The funding will be used for research and development and customer acquisition.

      • ProblemTechnology Infrastructure

      "Analysing the returns of potential commercial real estate deals has been flawed due to the lack of transparent data available."

      Solution

      "Built AI uses natural language processing – a subset of AI – to extract key data from property brochures uploaded by users. This information can help commercial real estate investors save time when assessing properties. The platform can then use this data to create a business plan with estimated rates of return for potential investments."

      Covered on