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Ringier Digital Ventures invests in Swiss proptech start-up Archilyse
Archilyse was founded in 2017 by Dr Matthias Standfest as an ETH Zurich spin-off. From the beginning, it has focused on the practical application of artificial intelligence in the real estate sector. Archilyse measures data-based architectural characteristics of properties and makes this data available to project developers, architects and real estate companies as a SaaS (software as a service) solution, to help optimise various processes in the real estate value creation chain. For example, the Archilyse software enables an automated compliance check with local construction standards. Real estate companies and asset managers can digitalise their portfolio and use data enhancement to conduct more precise property evaluations, thereby determining factors such as rent prices in line with market standards. Development planners, interior designers and consultants can access visualisations and room utilisation analyses.
Thomas Kaiser, Chairman and Partner of Ringier Digital Ventures, commented on the investment: «Ringier Digital Ventures sees huge potential in the digitalisation of the real estate market. A large proportion of assets worldwide are invested in real estate. Archilyse not only helps to correctly evaluate these assets, it also radically simplifies many processes involved in planning and managing properties.»
Ringier AG, Corporate Communications
About Ringier AG
Ringier is a diversified media company with about 6,900 employees across 18 countries. Founded in 1833, Ringier manages leading brands in print, TV, radio, online and mobile media and runs successful print, entertainment and internet businesses. Throughout its more than 180-year history, Ringier has always stood for innovation, individuality and independence, as well as freedom of expression and diversity of information. Ringier is a Swiss family-owned business with head offices in Zurich.
Archilyse, founded in 2017, is a PropTech start-up offers a cloud service for holistically analysing and evaluating urban and architectural qualities. This easy to use software-as-a-service solution processes real estate data into a variety of analytical results, deriving from four generic power-simulations: view, geometrical, connectivity and physical analysis. The simulations (e.g. view analysis) allow to comprehensively evaluate architecture and building qualities based on scientific algorithms.