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UNQUOTE
  • Portfolio management

VC-backed Pricehubble buys Checkmyplace

  • Harriet Matthews
  • Harriet Matthews
  • 28 July 2020
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Pricehubble, a Switzerland-based B2B real estate valuation software platform backed by BtoV Partners, Helvetia Venture Fund, SwissLife and Swisscom Ventures, has acquired Austria-based software platform Checkmyplace.

Checkmyplace will be rebranded as Pricehubble Austria, according to a statement. The acquisition aims to build on the synergies between the companies in real estate digitalisation and is also intended to benefit Pricehubble's international clients.

BtoV first invested in the company via its Private Investor Network and Managed Partner Funds strategies in 2016.

Helvetia Venture Fund, the venture arm of Swiss insurance company Helvetia, first invested in Pricehubble in December 2017, alongside existing investors BtoV, Swisslife and Swisscom.

Pricehubble acquired market peer YouVal, a portfolio company of SmartCapital, in March 2018.

Company
Checkmyplace assists real estate companies with the digitalisation of marketing, administration and evaluation processes, offering consultancy services and software products. The company uses its own data, as well as open, closed and government data to inform its analysis and digitalisation software, allowing companies to produce location analysis. The company was founded in 2014 and has 70 employees.

People
Pricehubble
– Markus Stadler (co-founder, chief operations officer); Stefan Heitmann (founder).
Checkmyplace – Jörg Buß (co-founder, CEO).

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