XQ AVM
Financiado
AUTOMATED VALUATION FOR PROPERTY INVESTMENT ANALYSIS
Current practices in financial valuation of commercial properties are based on manual processes. Automation is needed to help companies on everyday financial modelling, collaboration, valuation and reporting tasks. Exquance Sofwar...
Current practices in financial valuation of commercial properties are based on manual processes. Automation is needed to help companies on everyday financial modelling, collaboration, valuation and reporting tasks. Exquance Sofware Oy offers a game changing solution: Software platform with a unique calculation engine and breakthrough innovative Exquance Automated Valuation Model (XQ AVM) calculates property valuations without human intervention. The innovation creates 95% costs savingscompared to current costs of valuation of any building. Delivery time is only some minutes compared to several hours with current methods. Immediate gains in operative efficiency, and enhancing the quality of financial modelling, and internal and external reporting, are reached. Competitive
niche-oriented solutions are based on normalised data and not scalable.
The first phase solutions are targeted to professional players in the €8,000M software market of the real estate investment industry, the solution is scalable to all investment markets globally. The business model is SaaS, transaction-based per purchased appraisal report. The shareable content makes it possible to reach clients' customers and partner companies and opens up the viral, network based user acquisition channel.
Exquance Software Oy develops innovative solutions for commercial property valuation and investment management aiming to be the leading vendor of industrial, financial modelling and AVM solutions in the EU and Asia. Dedicated team of 26 professionals in software development, business management with an in-depth understanding of real estate investment industry, and international sales. The company has realised €1M revenue to date and €600k equity investments. Company has strong client base; 13 effective client agreements with major industry players, and 300 clients have expressed their interest in the XQ AVM innovation.
The impacts will be reaching 10 000 clients and creating €40M revenue and 400 jobs by 2023.
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Duración del proyecto: 5 meses
Fecha Inicio: 2019-07-09
Fecha Fin: 2019-12-31
Fecha Fin: 2019-12-31
Línea de financiación: concedida
El organismo H2020 notifico la concesión del proyecto el día 2019-12-31
Línea de financiación objetivo
El proyecto se financió a través de la siguiente ayuda:
EIC-SMEInst-2018-2020:
SME instrument
Cerrada
hace 6 años
Presupuesto
El presupuesto total del proyecto asciende a
71K€
Líder del proyecto
EXQUANCE SOFTWARE OY
No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico
TRL
4-5
Perfil tecnológico
TRL
4-5
350.00K€ |
Participante