PriceHubble to raise money from Helvetia Venture Fund, Swiss Life, Soravia and angel investor Frank Strauss.

PriceHubble, a Zurich, Switzerland-based proptech startup providing big data and artificial intelligence for the real estate markets, announced completing a capital investment round.

The round was backed by new and existing investors, including Helvetia Venture Fund, Swiss Life, the Austrian group Soravia and angel investor Frank Strauss.

The money will bs uesed to help the company's efforts for international growth, the development of new solutions as well as the growth of PriceHubble's teams in its five markets (France, Switzerland, Germany, Austria and Japan).

PriceHubble, founded in 2016 by Markus Stadler, Stefan Heitmann and Olivier Bachem, develops software solutions that aggregate and analyse a wide variety of data, run big data analytics and use state-of-the art machine learning to generate stable and reliable valuations and predictive analytics for the real estate market. The company has offices in Zurich, Paris and Berlin and a B2B-only customer base in Europe and Asia backed by 72 employees.