This Swiss proptech startup brings VR into real estate, convinces investors for around €1M funding

This Swiss proptech startup brings VR into real estate, convinces investors for around €1M funding

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Virtual Reality (VR) is not only a technology for gamers anymore. It is now getting integrated into different modes of life. Swiss proptech startup, HEGIAS has recently used the VR technology to transform the real estate business. And now the Zurich-based company has received over €900,000 funding in total to develop its technology.

In August 2018, the startup also raised €450,000 funding in a Series A round. Further, the startup expects to raise €2.1 million by March 2019 from a range of investors.

VR proptech: A first-of-its-kind startup

Founded by Patrik Marty, Tuan Nguyen and Andreas Schmeil in 2017, HEGIAS has developed the world’s first browser-based, automated virtual reality content management system (CMS) for the construction and real estate industries.

The company has been appreciated for its comprehensive high-end virtual reality CMS solution with applications for architects, construction companies, homeowners, brokers and interior designers. Further, the startup intends to make its CMS solution applicable for any VR content in the near future.

Funding and the future!

Eyeing the construction industry, HEGIAS offers VR solutions to prevent misunderstandings during the planning and construction phases. Also, its software solutions support the design, sales and rental functions of real estate.

Notably, HEGIAS’ solutions are a cost-effective alternative that is up to 100 times cheaper than other high-end visualisations utilising VR; generating substantial savings for customers. Further, the company promises much faster results than its competitors; thanks to its automation capabilities.

Moreover, the funding will ensure the completion of the company’s CMS and its international market launch. Besides, the funds will promote basic development. Further, the usability tests of HEGIAS 1.0 have been supported by various pilot projects with customers such as SPS/Wincasa, Implenia, Swisscanto, and a specialised VR/CMS project for Shopfitting with Jegen AG.

Stay tuned to Silicon Canals for more updates in the tech startup world.

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