PropTech Future Startup Pitch Competition: A Winner has been Crowned.
PropTech Future Startup Pitch Competition: A Winner has been Crowned.
PropTech Future hosted the finals for our PropTech Startup Pitch Competition on September 14th. The competition was open to all Pre-Seed, Seed, and Series A startups. We received 73 entries from across the globe, and the level of ingenuity and the creativity of the business models was inspiring. All of the Pitch Decks are available to be viewed at proptechfuture.com.
After nearly 700 votes, the entries were narrowed down to the following 6 finalists:
Each of the finalists had 4 minutes to pitch in front of our judging panel, followed by 2 minutes of Q&A. The judging panel was comprised of the following VCs and PropTech Executives:
Rohit Iragavarapu - VP at TCV
Tim Curran - CEO at Building Engines, Inc.
Maciej Plichta, CFA - PropTech Solutions at Colliers
Madison Gesser - Investor at Navitas Capital
Jim Pettit - Founder and Managing Partner at Navitas Capital
All six companies did an amazing job with their pitches, and at the end of the voting process, there was a tie for first place between Swivel and Tensorflight. Per the rules, the tie breaking vote was cast from the competition Sponsor: PropTech specialized branding company Together. The final vote went to Tensorflight.
The Winner
Tensorflight offers global technology for the insurance industry providing structured property data by analyzing aerial, satellite, and street view imagery. It gives unique insights into commercial properties with residential capabilities. They automate monotonous tasks and processes that are currently done manually, speeding them up from days to seconds. This enables instant automated quoting of insurance policies. Tensorflight provides highly accurate and near-instant data about global properties in addition to tools and services to complement the data. Their tools reduce the cost of in-person property inspections by over 25% and increase the efficiency of the claim teams 10x. Learn more about the power of Tensorflight’s platform with the video below:
The Finalists
Swivel
The Swivel Design Experience Platform helps landlords reduce vacancy downtime and win more deals. Through Swivel’s suite of products—Interactive Space Showcase and Digital Space Planning—landlords can give tenants the ability to visualize and tour a commercial space prior to being built out, then quickly plan and design the space through an immersive experience to match the tenant’s programmatic requirements. This results in a shortened and seamless leasing process that is traditionally drawn out by a tenant’s uncertainty of how the space will look once constructed. Today, many of the largest institutional ownership groups and global brokerages use Swivel's sophisticated visualization technology across hundreds of properties in more than 25 markets to reduce the time and cost associated with commercial office leasing.
For more information, visit www.swivel.work.
Zapfloor
Flexible real estate had been growing in popularity well before the pandemic, but the need for these solutions has accelerated post-pandemic as companies are hesitant to commit to long term leases, and many companies are instituting a hybrid work strategy. There are many flexible real estate operators across the globe, and new companies continue to be launched. Many landlords are starting their own in-house branded flexible work solutions as well. Besides providing the furnished space, operators need to provide a tech-stack to seamlessly manage the space including billing, access, calendar integrations, reservations, reporting, and a host of other services. This is where Zapfloor comes in:
Zapfloor is a provider of workspace management solutions, specializing in its modular approach and its heavy emphasis on creating lasting partnerships through hands-on support and strategic and technical guidance.
They are genuinely invested in every project, eager to help clients move forward to the Advanced World of Work™. Although Zapfloor has a modular approach, they certainly do not offer a ‘one-size-fits-all’ service. As your trusted partner, they sincerely listen to your needs and deliver a tailored workspace management solution that fits your organization like a glove. Below is a link to their demo:
Till
Till is a mission-driven team that has set out to change the way renters pay, stay, and thrive in their home with access to financial services. They help residents stabilize and enhance their financial lives with solutions to stay current on rent and to weather unforeseen financial circumstances. They also bring products to landlords that improve their ability to understand and work with their residents while improving the resident's ability to pay rent. Till creates a payment schedule that aligns with your income to help you better budget and save for rent. Each payment gets reported to the credit bureaus and they cover you in case of emergency.
To learn more about Till, please check out their website: here
DeskNow
DeskNow, based in Germany, offers a cloud-based SaaS platform to flexibly manage, analyze, and book workspaces. Key features include location management, tenant screening, detailed workspace analytics, social distancing capabilities, a marketplace, and the ability to integrate with existing systems.
Linked here is an overview of DeskNow’s offering.
InteliGlas Corporation
InteliGlas Corporation is an American PropTech company based in Pasadena, California. It was launched in 2018 to develop the first fully-autonomous, cyber secured, smart building system for commercial real estate, equipped with a self-learning IoT platform with autopilot technology.
InteliGlas’ artificial intelligence, RipleyAI ™, automatically learns, adapts, controls, and optimizes all of the building systems. Landlords can view and control their buildings through an internet browser anywhere and at anytime. Features include real-time mitigation of tenants issues, on-demand building system health reporting, a snapshot of current energy usage, customizable building system alerts, and the ability to prioritize a device replacement strategy.
Learn more about InteliGlas Corporation: here
The Event
Thank you to Unissu for hosting the PropTech Future Startup Pitch Competition on their platform. You can watch the recording of the entire event at this: link
Sponsors
The PropTech Future Startup Pitch Competition was made possible by our amazing sponsors. Not only was each sponsor incredibly generous with their contributions, but they also offer best-in-class services. I highly recommend that you check them out. Supporting our sponsors will help ensure that we can continue to put together PropTech events in the future.
Together is a full-service branding company specializing in brand, communication, and digital design. They believe in daily progress. They expect moving targets. They get that your brand is part of your legacy so it’s best to do it well from the start. Their services include:
Research and Brand Strategy
Brand Identity
Customer Development
Digital Design and Development
Experience Design
Content and Marketing
Apollo.io provides a data and customer engagement platform with verified emails and direct dial phone numbers on 200 million contacts across 10 million companies, synced to your CRM. Their LinkedIn extension overlays email address and phone numbers directly on LinkedIn, even if a contact is not a level-one connection. You can try Apollo.io for free: here
Millions of companies of all sizes—from startups to Fortune 500s—use Stripe’s software and APIs to accept payments, send payouts, and manage their businesses online. Learn more about Stripe here
FoundersCard is a membership community of over 50,000 entrepreneurs and business executives who receive unprecedented benefits and networking opportunities. FoundersCard has agreed to an exclusive offer for all PropTech Future subscribers. To learn more about this promotion, please reach out to me directly at glenn@proptechfuture.com.