Proptech startup Pupil secures €14.9M in recent funding round

March 23, 2020
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Proptech startup, Pupil, has raised €14.9 million in a recent funding round, bringing the complete number raised since its founding to €24.5 million.

This follows on from an oversubscribed angel funding round and values the company at approximately €93.2 million. 

Pupil, founded in 2015 by entrepreneurs James D. Marshall, Oliver Breach and David Mullett, combines its enterprise software and machine learning applications to ‘accurately measure the built world’ through its patent-pending digital twin technology. 

Following three years of research and development, the startup released its first product Spec in June 2019: property marketing for agents. Since launch, Spec has been rolled out across more than 500 estate agency branches, capturing and generating thousands of digital twins of residential property every month. Over €7.4 billion of residential real estate has been captured comprising some 10 million square feet. 

Spec takes transparency to a new level for sales and lettings of every size, by quickly delivering insured and accurate marketing assets everyone can trust. Spec’s revolutionary AI technology offers the first-ever verified, mass-market measurement solution and is rapidly becoming the new standard for the residential property industry.

James D Marshall, Founder and CEO said that following the successful launch of Spec in London, the company has ambitions of expanding internationally. 

Read more here

March 23, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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