
Syte
Sustainable real-estate development in a blink - with the power of AI.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
* | €5.0m | Seed | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 255 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Syte.ms is a startup that leverages artificial intelligence (AI) to revolutionize the real estate industry. The company operates in the property market, serving clients such as real estate developers, investors, and property owners. Syte.ms provides real-time data and potential analysis of properties, including energy needs and photovoltaic (solar energy) potentials.
The company's AI-based platform, syte Energy, allows clients to calculate the energy needs of buildings in real-time. It also enables them to compute the potential of photovoltaic installations on rooftops and open spaces. This is done by considering factors like roof area, solar module efficiency, and sunlight exposure.
Syte.ms also offers a search engine, syte Search, that helps clients identify ideal lands for large-scale photovoltaic installations. The platform provides detailed property and building data from cadastre and LiDAR sources, allowing clients to analyze property potentials and get insights into building potentials, suggestions for densification, and sustainability analyses.
Another product, syte Profit, offers real-time project calculation. It helps clients determine whether a property can be profitably developed, considering scenarios like densification and renovation, or new construction. It also incorporates relevant KfW (a German government-owned development bank) funding into the calculation.
In summary, Syte.ms makes money by providing AI-based real estate services, including property potential and profitability analyses, energy needs calculation, and photovoltaic potential estimation.
Keywords: Real Estate, Artificial Intelligence, Energy Needs, Photovoltaic Potential, Property Analysis, Profitability Analysis, Sustainability Analysis, Real-Time Data, Search Engine, Project Calculation.