HEGIAS ended 2018 with €1M in funding

HEGIAS, a Swiss virtual reality management developer for all things property, has created one of the first browser-based, automated virtual reality content management system for the real estate and construction industries. Recently, the startup has announced raising more than €900,000 in funding. This comes after the startup raised €450,000 in August of last year in an ongoing Series A round from investors. HEGIAS expects to raise a total of €2.1 million by March 2019.

More and more virtual and augmented reality applications have been establishing themselves recently. Founded at the end of 2017, HEGIAS has been able to convince investors as a comprehensive high-end virtual reality CMS solution, with applications for architects, construction companies, homeowners, brokers, and interior designers. The startup plans to be applicable for any VR content in the near future.

Currently, however, HEGIAS is focusing primarily on the construction industry. High-quality 3D data is already available in this sector, and the added value of virtual inspections is very promising.

HEGIAS VR solution can prevent misunderstandings during planning and construction, and its software also supports the sales and rental process of real estate, as well as in design. Since marketing can begin even before construction, the vacancy rate at the end of construction can be greatly reduced using HEGIAS, producing additional revenue for contractors.

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