Ask Wire

Ask Wire operates as a real estate data analytics company, aiming to address the fragmented property data landscape in South-Eastern and Central-Eastern Europe. Founded in 2020 by CEO Pavlos Loizou, who brings two decades of real estate experience, the Nicosia, Cyprus-based firm provides a platform that consolidates information to create comprehensive property profiles. Loizou's background includes roles in valuation, asset management, and strategy, including as an equity partner at Resolute Asset Management.

The company's core business revolves around a scalable subscription model, offering Software-as-a-Service (SaaS) and API-based data services. It caters to a diverse clientele including banks, insurers, real estate investors, developers, agents, and government bodies. Ask Wire generates revenue through these subscriptions and supplements this with advisory services for high-value clients, leveraging its team's experience in managing real estate asset platforms. The firm has seen significant traction, generating €1.5M in revenue since its launch and doubling its Annual Recurring Revenue (ARR) in 2024.

Ask Wire's platform aggregates data from a variety of sources, including government databases, open data, satellite imagery, and auction sites, to provide actionable insights. A key product is its Real Estate Dynamics (RED) platform, an intelligent market analysis tool that offers data on transactions, asking prices, construction activity, and environmental risks like wildfires and floods. This enables clients to perform property valuations, market analysis, risk assessments, and identify investment opportunities. For instance, the platform provides data on over 215,000 transactions in Cyprus and 450,000 in Greece. The company also offers lead generation tools by spotting trends in urban growth and demographics.

Since its inception, Ask Wire has raised over €2.5 million. Notable investors include Lars Rasmussen, co-founder of Google Maps, who also serves as a technology advisor, and Founders Bridge, a Stockholm-based venture capital fund. The company is currently operational in Cyprus and Greece and has plans to expand into Romania in 2025, followed by Poland and the Czech Republic. The firm has established strategic partnerships, including one with Bazaraki, the largest marketplace in Cyprus, to launch a data-driven property valuation tool.

Keywords: real estate data analytics, property intelligence, PropTech, South-Eastern Europe real estate, Central-Eastern Europe property market, real estate SaaS, property valuation tool, market analysis, risk assessment, real estate investment, Pavlos Loizou, Cyprus real estate, Greece property market, Real Estate Dynamics (RED), property data aggregation, institutional real estate data, real estate advisory, geospatial data, environmental risk data, real estate market trends, investment data platform, portfolio analysis, automated valuation models (AVM)