Ones to Watch in 2022: Built Environment

With significant growth in the PropTech and ConTech markets last year, the future looks bright for the global built environment industry. Here, we explore 13 exciting technology companies to keep an eye on in 2022.

IMMO Capital
IMMO Capital is Europe’s first tech-led residential real estate platform, providing end-to-end property solutions that cover everything from sourcing and acquisition, to lettings and portfolio management. Founded in 2017 the company has quickly expanded to a team of 80+, with offices across the UK, Germany and India. IMMO Capital was recently recognised as a “Tech Pioneer” by the World Economic Forum.

Since its inception in 2017, AskPorter has been disrupting the real estate industry with it’s AI management platform. Utilising machine learning, the AskPorter platform helps to automate company procedures and deliver an exceptional customer experience. What sets AskPorter apart is its intuitive AI platform that learns and grows over time, continuously streamlining internal processes and looking for areas to improve. With backing from Google, we expect to see some exciting developments for the company this year.

Spaceflow is an innovative PropTech company that utilises smart building features to create better community experiences. The platform allows property owners to collect insights on energy consumption, temperature, CO2 level, air quality, humidity and more, helping to improve user well-being. Spaceflow is continuing its European expansion and, with sustainability being a key focus for the coming year, we’re predicting rapid growth for the company.

Home Made
Home Made aims to shake up the real estate industry, utilising technology to change the way people rent. Combining advanced analytics with real-time updates, Home Made helps to let properties faster, at a fraction of the conventional cost. Since launching in 2017, the company has helped over 250,000 landlords and tenants, and has been finalist for the Amazon Growing Business Awards for Innovation and Technology on several occasions.

Witco is the ‘all-in-one’ app that is helping to create more collaborative spaces. Extending across office spaces, residential property, student housing, and co-living, Witco offers over 100 off-the-shelf functionalities and solutions to help property owners manage their space. Witco’s platform offering has proved a huge success, with the company raising a $14m Series A in September 2021. With considerable backing and investment, we’re expecting continued growth and expansion for the company in 2022.

XYZ Reality
The world’s first Engineering-Grade augmented reality system for construction, XYZ Reality is changing the way construction projects are delivered. The company has received more than $30m in investment since launching in 2017 and recently unveiled its flagship AR product, ‘The Atom’, at Digital Construction Week. XYZ Reality has a growing client base across the UK and Europe, and recently partnered with US-based Digital Twin consultancy, SmarTwin. With the recent passing of the Infrastructure Investment and Jobs Act (IIJA) in the US – which includes money for advanced digital construction management systems – we’re predicting a year of rapid growth for the company.

REalyse is one of the UK’s largest platforms for residential data and information, offering analytics for investors, lenders and developers. This intuitive platform has everything residential professionals need in one place, from market prices and updates, to land ownership, planning & legislation, and socio-economic breakdowns. REalyse has gone from strength to strength, now working with major names such as Cushman & Wakefield, Greystar, and Morgan Sindall. This year is likely to be another year of continued expansion.

OpenSpace is a leading provider of 360 degree construction mapping software and analytics tools for the construction sector. Founded in 2017 in the US, the company has already raised a successful Series C and now employs more than 150 staff members. In 2021 OpenSpace raised more than $50m to aid its continued expansion across Europe. It’s likely to be an exciting year for the company, as they look to enhance their market share at rapid pace.

Providing one integrated platform for the management and monitoring of large-scale construction projects, Sablono has been assisting some of the construction industry’s biggest and most innovative projects for years. Sablono’s intuitive project management tools can help track more than 100,000 activities on a single project, as well as giving real-time updates on progress. The Sablono team are already working on some exciting projects and we expect this to continue throughout 2022.

YardLink makes hiring construction equipment a fast, simple and cost-effective process. Through a single platform, contractors can gain access to a global network of trusted hire companies and quickly compare prices. YardLink also gives its users access to short term insurance providers, helping to ensure projects are covered. Founded in 2018, this exciting start-up has already raised almost £2m to fund its expansion in the coming year.

Giraffe360 is a market-leading provider of innovative technology for estate agencies. This 3-in-1 tool provides fully automatic room scanning, 360 photography, and high end virtual tours to help estate agencies modernise the way they advertise and sell properties. With virtual viewings playing an increasing role in the property market, we’re predicting another exciting year for the company.

Converge digitises and optimises construction projects by building AI and cloud-based technologies that help contractors better understand performance. The company’s flagship product, ‘ConcreteDNA’ gives real-time concrete strength data and AI curing predictions, helping to improve productivity, increase profitability, and create a more sustainable built environment. With new ESG regulations coming into play in 2022, we’re expecting a sharp increase in sustainable tech practices in construction, and further expansion for Converge.

Planetly is a climate tech company on a mission to help businesses successfully transition to a net zero economy. Using state of the art technology, the Planetly platform helps companies to manage their carbon footprint and highlight areas for improvement. Working across the manufacturing and logistics industries, the company can help to offer unique solutions for supply chains, warehouses, and logistics hubs.



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