SquarePlan
AI-powered automation for commercial real estate leasing.
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.2m | Seed | ||
| Total Funding | 000k | ||
SquarePlan is a technology company operating in the PropTech sector, specializing in software for the commercial real estate market. Launched in January 2019, the Warsaw-based startup provides a platform that automates and accelerates the office leasing process. The company's core services are delivered through several modules: an Auto Space Plan Generator, an Auto Fit Out Valuation tool, Lease Process Management, and Portfolio Management.
The platform targets developers, investment funds, architects, and tenants. For property owners and developers, it aims to speed up leasing and reduce vacancy periods by providing tools for effective marketing with 3D, VR, and AR visualizations. Architects and tenants use the system to streamline the design and planning phases. The software uses AI and algorithms to automatically generate space plans from requirements and create fit-out cost estimations from CAD files. It also converts 2D drawings into 3D models and facilitates communication between all stakeholders, managing plan changes and comments in a centralized location.
The business model is based on providing its technology to major real estate developers, asset managers, and architectural firms. In March 2022, SquarePlan secured $1.2 million in a seed funding round from Kogito Ventures and KnowledgHub.
Keywords: commercial real estate, PropTech, leasing automation, space planning, fit-out valuation, AI in real estate, 3D visualization, lease management, portfolio management, architectural software, real estate technology, CRE technology, automated design, cost estimation, tenant management