As the real estate industry continues to evolve, so does the world of PropTech startups in Europe. With new innovations and advancements emerging every day, it can be challenging to keep up with the latest trends and opportunities for investment. That’s where we come in.

Our 2023 review of the top 10 PropTech startups making waves in Europe is your ultimate guide to staying ahead of the game. With our review, you won’t miss out on the future of PropTech startups in Europe.

Nested

Nested is a UK-based PropTech startup that offers an innovative way of selling properties. The company uses data analytics and machine learning algorithms to provide homeowners with a guaranteed sale price for their property within 90 days. Nested charges a commission fee of 2% on the final sale price, which is lower than the average commission fee charged by traditional estate agents. The company also offers a range of services to help homeowners with the sale process, including professional photography, virtual viewings, and property styling. The company aims to eliminate the uncertainty and stress that comes with selling a home, while also offering fair market value for the property.

How does Nested Business Model Work?

Nested’s business model is based on providing homeowners with a guaranteed sale price for their property within 90 days. The company achieves this by using data analytics and machine learning algorithms to accurately value properties and predict their selling price. Nested uses a proprietary algorithm that takes into account various factors such as the property’s location, size, age, and condition, as well as local market trends and economic indicators.

Once a homeowner agrees to sell their property through Nested, the company provides them with an initial valuation and a guaranteed sale price. If the homeowner agrees to the sale price, Nested will then market the property to potential buyers and arrange viewings. Nested also provides a range of services to help homeowners prepare their property for sale, including professional photography, virtual viewings, and property styling.

If the property sells for more than the guaranteed sale price, Nested takes a commission fee of 2% on the final sale price. However, if the property sells for less than the guaranteed sale price, Nested will cover the difference, ensuring that the homeowner receives the guaranteed sale price.

Nested’s business model is designed to provide homeowners with a hassle-free and stress-free way of selling their property. By offering a guaranteed sale price and covering any potential loss, Nested reduces the risk and uncertainty associated with traditional property sales. Additionally, by using data analytics and machine learning algorithms, Nested is able to accurately value properties and provide homeowners with a fair and transparent selling process. Finally, by charging a commission fee that is lower than the average fee charged by traditional estate agents, Nested is able to offer homeowners a cost-effective and efficient way of selling their property.

Hubble

Hubble is a UK-based PropTech startup that provides a platform for businesses to find and rent flexible office spaces. The company was founded in 2014 and has since grown to become one of the leading providers of flexible office spaces in the UK. Hubble’s platform allows businesses to search for office spaces based on their location, size, and budget. The platform also provides businesses with detailed information about each office space, including photos, floor plans, and amenities. Hubble charges a commission fee for each successful rental transaction through its platform.

Inner Workings of Hubble Business Model

Hubble’s business model works by partnering with landlords and workspace providers to offer office space options to businesses looking for flexible office solutions. Hubble acts as an intermediary, providing a one-stop-shop platform for businesses to search, compare, and book office spaces online, streamlining the office rental process.

In addition to providing a platform for businesses to find office spaces, Hubble also offers value-added services to help businesses with their office needs, such as arranging office tours, assisting with lease negotiations, and providing access to Hubble’s network of service providers for office-related services like furniture, IT infrastructure, and cleaning.

Hubble’s revenue model is based on a commission-based system, where Hubble takes a percentage of the total rental fee from the landlords and workspace providers. The commission rate varies depending on the location, size, and type of office space, and is typically around 10-15% of the total rental fee.

Hubble has disrupted the traditional commercial real estate industry by offering businesses a more flexible and convenient way to find and rent office spaces. By leveraging technology, Hubble has created a user-friendly platform that simplifies the office rental process and allows businesses to find and book office spaces in real-time. Hubble’s success in the UK market has allowed the company to expand into other European cities, with plans for further expansion in the future.

Plentific

Plentific is an innovative platform that is revolutionizing the property management industry. Founded in 2013, the company has quickly made a name for itself with its intuitive technology and commitment to customer satisfaction. With Plentific, property managers and landlords can easily connect with qualified service providers, manage their properties, and track maintenance requests all from one easy-to-use platform. But what sets Plentific apart is their dedication to transparency, ensuring that both property managers and service providers have all the information they need to make informed decisions. To learn more about this exciting platform, check out their website and watch their informative videos.

How does Plentific Business Model Work?

The Plentific business model functions by providing a marketplace for property owners and managers to find reliable and qualified tradespeople for their properties. The platform provides a list of vetted and certified tradespeople, along with their ratings and reviews from previous clients. This allows property owners and managers to make an informed decision when selecting a tradesperson.

In addition to the marketplace, Plentific also provides a management platform for property managers to manage their properties and tradespeople. The platform provides tools for managing repairs, maintenance, and other property-related tasks. This allows property managers to keep track of their properties and tradespeople in one place, making the management process more efficient.

The tradespeople on the platform benefit from the Plentific business model as well. They gain access to a larger pool of potential clients and can build their reputation by receiving positive reviews and ratings from previous clients. Tradespeople are also provided with tools to help manage their business, such as scheduling and invoicing.

Overall, the Plentific business model provides a win-win solution for property owners, managers, and tradespeople. Property owners and managers are able to easily find and manage qualified tradespeople, while tradespeople gain access to a larger pool of potential clients and management tools to help grow their business.

Bricklane

Bricklane is a UK-based property investment platform that allows individuals to invest in residential properties in the UK. Their platform allows investors to put money into properties without having to buy the property outright. This approach is known as a property investment fund.

Bricklane operates as a Real Estate Investment Trust (REIT), which is a company that owns, operates, or finances income-generating real estate. The company’s mission is to make it easy for people to invest in property and benefit from the long-term growth of the UK housing market.

Bricklane Business Model

To achieve this, Bricklane acquires properties in prime locations across the UK, which are then rented out to tenants. Investors can then buy shares in these properties, which entitle them to a share of the rental income and any potential capital gains. Bricklane also offers investors the option to buy shares in its Property ISA, which provides tax-free investment returns.

Investors can buy and sell shares in the properties through the Bricklane platform, which allows for easy management of investments. Bricklane charges a management fee of 0.85% per annum, which covers all aspects of property management and maintenance, as well as the cost of buying and selling properties.

In addition to its property investment funds, Bricklane also offers a range of tools and resources to help investors make informed decisions. These include a property dashboard that provides real-time updates on investment performance, as well as investment guides and market insights.

By offering a diverse portfolio of properties, as well as expert property management, Bricklane aims to provide investors with stable and long-term returns on their investment.

Allthings

Allthings is a Swiss-based proptech company that is changing the way property management is done. With its innovative solutions, Allthings enables property owners and managers to efficiently manage their properties, communicate with tenants, and enhance the overall living experience. Whether it’s providing tenants with digital access to services or streamlining maintenance requests, Allthings is at the forefront of the proptech industry.

Business Model

The Allthings platform offers an integrated approach to managing real estate properties, providing a centralized system for all stakeholders, including property owners, property managers, and tenants. The platform allows property managers to digitize their communication with tenants, providing a single channel for all messages, maintenance requests, and other inquiries.

Allthings also offers a task management system that enables property managers to assign tasks to their team members, set deadlines, and track progress. This feature streamlines communication between team members and ensures that tasks are completed on time.

In addition, the platform provides a document management system that allows property managers to store and share important documents securely. This feature enables stakeholders to access important documents such as contracts, invoices, and maintenance records from anywhere and at any time.

Allthings also provides building management tools, such as a calendar system that enables property managers to schedule events, view availability, and manage bookings. The platform also offers a range of analytics tools, providing property managers with valuable insights into their property operations and tenant behavior.

Allthings generates revenue by charging a subscription fee to property owners and managers for using its platform. The subscription fee is based on the number of units managed and the level of functionality required. Additionally, the company offers additional services, such as custom integrations and support services, for an additional fee

Habito

Habito is a London-based startup that is revolutionizing the way people approach home buying and mortgage applications. With its innovative use of technology and emphasis on customer service, Habito has quickly become a leading player in the UK’s rapidly evolving proptech landscape.

The company uses technology to streamline the mortgage application process, making it easier and more accessible for customers. Habito’s platform allows customers to complete their mortgage application online and receive real-time advice from mortgage experts via chat or phone.

Habito: Business Model

The company’s business model involves partnering with a wide range of mortgage lenders and offering customers a personalized mortgage recommendation based on their unique financial situation. Habito generates revenue by charging a commission fee to the mortgage lenders for each successful mortgage application. This means that Habito’s interests are aligned with those of its customers, as the company only succeeds when its customers are approved for mortgages that they can afford.

Habito’s technology also allows the company to continuously monitor its customers’ mortgages and alert them if they could save money by switching to a different mortgage product. Habito makes additional revenue by offering its customers the option to switch to a better mortgage deal through its platform and charging a fee to the mortgage lender for each successful switch.

Overall, Habito’s business model is centered around providing customers with an easy and stress-free mortgage application process, while also generating revenue through partnerships with mortgage lenders and offering customers the option to switch to better mortgage deals.

Spotahome

Spotahome is a digital platform that aims to revolutionize the traditional rental process, making it easier and more convenient for both landlords and tenants. With a mission to “make renting your home as easy as booking a hotel,” Spotahome offers a wide range of properties that can be rented without the need for physical viewings. Their innovative technology allows users to explore and book rental properties online, providing a seamless and hassle-free rental experience.

How Spotahome is revolutionizing the home rental market

Spotahome sets itself apart from traditional rental platforms with their innovative virtual tours. By utilizing high-quality video technology, potential renters can experience an immersive and detailed tour of the properties available for rent. This feature offers a convenient and efficient way to view properties without the need for physical visits, saving renters time and resources.

Another key aspect of Spotahome’s business model is their payment system. They collect rent and deposit payments from renters and hold them in escrow until the tenant moves into the property. This ensures that landlords receive the payment on time and renters have a secure payment process.

Spotahome also provides customer support in multiple languages to assist renters throughout the entire rental process. This includes helping renters book properties, answering questions about the rental agreement, and even providing assistance with moving in.

In addition, Spotahome offers a range of additional services such as cleaning and maintenance, making the rental process even more convenient for tenants. By streamlining the entire rental process, Spotahome is revolutionizing the home rental market and making it easier for people to find a new place to call home.

Badi

Looking for a new place to call home in a bustling city? Badi is a Barcelona-based startup that has created an innovative platform to help people find the perfect roommate and flatshare. Their platform provides an easy-to-use interface that allows users to search for flatshares based on their preferences such as location, price range, and lifestyle. Whether you’re a student or a young professional, Badi offers a wide range of rental options to suit your needs.

Badi Business Model: Revolutionizing the Flatsharing Industry

Badi’s business model is based on a commission-based approach. They charge a commission fee to landlords when a tenant is found through their platform. This allows Badi to provide their services to users for free.

Badi has several features that make their platform stand out in the flatsharing industry. One of their most popular features is their roommate matching algorithm, which matches users based on their lifestyle and preferences. This algorithm takes into account factors such as cleanliness, smoking habits, and hobbies to match compatible roommates.

Another feature that sets Badi apart is their verification process. All users must go through a verification process that includes ID verification and background checks. This ensures a safe and trustworthy environment for all users.

Badi also offers a secure payment system that ensures that both tenants and landlords are protected during the rental process. This includes a deposit system that holds the tenant’s deposit until the end of the rental period.

Overall, Badi’s business model has revolutionized the flatsharing industry by providing a secure, convenient, and affordable solution for people looking for compatible roommates and flatshares.

Realla

Realla is a leading online commercial property marketplace that connects buyers, tenants, and investors with real estate agents and landlords. With its user-friendly platform and vast database of commercial properties, Realla is changing the game in the UK’s commercial real estate market. Whether you’re looking to buy, rent, or invest in commercial property, Realla is the go-to destination for all your needs.

Realla: Business Model

Realla’s platform is designed to provide a user-friendly experience for businesses searching for commercial properties. Their search engine allows users to filter properties based on their specific requirements, such as location, size, and price. Realla’s advanced search technology enables users to find the best options quickly and efficiently, saving them time and effort in the property search process.

Realla also offers a range of marketing tools to help commercial property agents and landlords promote their listings. Their platform enables users to create and publish property listings, showcase properties through high-quality images and videos, and monitor the performance of their listings. This functionality helps agents and landlords reach a wider audience and generate more leads, increasing their chances of securing a deal.

Furthermore, Realla’s platform provides a range of analytical tools to help users make informed decisions. Their platform enables users to track market trends, analyze property data, and monitor the performance of their listings. This information helps users make informed decisions about the commercial property market and provides valuable insights into the industry.

Overall, Realla is revolutionizing the commercial property industry in the UK by providing a comprehensive platform for businesses to search for and promote commercial properties. Their advanced search technology, marketing tools, and analytical features are transforming the way businesses find and secure the right space for their needs.

Kodito

Kodit.io is a Finnish proptech company that has been making waves in the real estate industry. Their innovative approach to buying and selling homes has disrupted the traditional real estate market, making it faster, more efficient, and more affordable for everyone involved. With a focus on transparency and simplicity, Kodit.io is changing the way people think about buying and selling homes.

The business model of Kodit.io is based on the concept of iBuyers, which is a growing trend in the real estate industry. The company uses a proprietary algorithm to determine the value of the property and make an offer to the homeowner. If the homeowner accepts the offer, Kodit.io purchases the property and takes over the entire selling process.

Kodit.io’s business model is designed to provide a fast and hassle-free solution for homeowners who need to sell their property quickly. The company offers a competitive price for the property and takes care of all the necessary repairs and renovations. Once the property is ready for sale, Kodit.io markets it to potential buyers and handles the entire sales process.

Kodit.io makes money by purchasing properties at a discount and then selling them on the open market for a profit. The company also charges a service fee for its services, which is typically lower than the traditional real estate agent commission.

Overall, Kodit.io’s business model offers a convenient and efficient solution for homeowners who need to sell their property quickly, while also providing a profitable opportunity for the company.