Helsingborg-based proptech AI startup Proplab continues to build momentum. After opening up their platform for residential real estate this fall, the company has seen rapid growth, now with 100+ broker offices connected across Sweden, on top of their existing commercial property clients. Over the past months, Proplab has established a collaboration with a major brokerage chain and another one is now on the way in. Their traction is clear, revenues more than doubled from October to November this year.
"Multifamily real estate is a $2.5 trillion asset class, yet it captures only a fraction of the $10 trillion living economy around it," Or Bokobza, cofounder and CEO of Venn, said in a statement.
Collov AI, an artificial intelligence (AI) platform for home design, announced a partnership with Side, a white-label real estate brokerage platform. The move expands access to Collov AI's staging and visualization tools for Side's network of more than 500 boutique real estate companies with tools available through the Side Marketplace and its agent community platform. The partnership aims to support more than 3,700 Side agents by enabling them to create photorealistic, professionally designed spaces from uploaded photos.
The founders said Klipster is intended to replace the multiple tools agents and buyers typically use during the home-search process and characterized it as bringing the TikTok effect to real estate. Consumers can buy everything from sneakers to sofas in seconds on TikTok Shop and Instagram, so why should real estate feel stuck in the past? Dine said. Klipster takes that shift to the next level, giving agents and buyers a seamless way to tour, chat and apply in real time.
Managing rental property finances remains one of the most time-consuming challenges in real estate investing, with landlords juggling spreadsheets, consumer payment apps like Venmo and Zelle, generic accounting software, and multiple banking accounts. The 14 million individual real estate investors across the United States-who own half of the country's rental supply-face fragmented workflows that drain hours each week from their businesses.
AI is trained on MLS and compliance data, learning from real agents and transactions to provide support in managing deals and client engagement. This is the future of brokerages. Brokerages that fail to integrate AI into their core operations will not exist in five years, said Biju Ashokan, founder and CEO of Radius. Our partners get access to our end-to-end tool suite while maintaining complete ownership of their brand, business and data.
