Giraffe360 Secures $10M to Expand AI Property Platform
▼ Summary
– Giraffe360, a London proptech company, has raised $10 million in a Series B funding round led by Cipio Partners.
– The company uses a proprietary robotic camera and AI software to create a full property marketing kit from a single visit, eliminating multiple contractors.
– Its platform generates various media formats, including HDR photos, virtual tours, and floor plans, using over 50 machine learning models for automated production.
– The company differentiates itself from competitors like Matterport by offering broader media output and a subscription model bundling hardware and software.
– The new funding will be used for AI platform development, product expansion, and growth into new markets.
A London-based property technology firm has secured a significant investment to advance its all-in-one platform for real estate marketing. Giraffe360 has raised $10 million in a Series B funding round led by Cipio Partners. The company’s core proposition is to deliver a complete suite of marketing assets from a single property visit, eliminating the need for multiple contractors or separate production services. Founded in 2016 in Riga, Latvia, by brothers Mikus and Madars Opelts, the company aims to streamline the entire listing process.
The platform combines a proprietary robotic camera with a sophisticated AI software stack. This integrated system generates high-dynamic-range photography, virtual tours, and both 2D and 3D floor plans using LiDAR data. It also produces video content, dedicated property websites, virtual staging, and ready-made social media assets. All of this is accessible through a subscription model that includes the hardware, AI processing software, and cloud storage.
This funding round saw participation from all of Giraffe360’s major existing investors. Founders Fund, which led the company’s $16 million Series A in late 2022, was joined by returning backers Hoxton Ventures, LAUNCHub Ventures, and Change Ventures. The new capital will be directed toward enhancing the AI platform, expanding product capabilities, and accelerating growth into new international markets.
The technology relies on over fifty distinct machine learning models to automate tasks that traditionally require specialist post-production work. These models handle complex processes like image stitching, precise floor plan measurement, and automated content generation. The result is a dramatically compressed production timeline for new property listings, a critical advantage in fast-moving real estate markets where speed directly impacts commercial success.
Giraffe360 operates in a sector dominated by the incumbent, Matterport, which popularized the 3D property tour. The company differentiates itself through the breadth of its automated output and its bundled subscription approach. While a Matterport scan provides a core dataset, Giraffe360’s system generates a wider array of marketing formats from a single capture. The firm now serves customers in more than 26 countries, with enterprise clients including major brands like RE/MAX, CBRE, and BNP Paribas Real Estate.
CEO Mikus Opelts positioned the funding as a strategic move aligned with a broader industry shift. He noted that real estate marketing is rapidly moving toward AI-powered, immersive digital experiences. Giraffe360, he stated, is building the essential infrastructure to power this transition, managing everything from the initial data capture to the final automated marketing output. With this latest round, the company’s total disclosed equity funding reaches approximately $32 million. This figure does not include an additional $6 million in venture debt secured from Columbia Lake Partners alongside its Series A round.
(Source: The Next Web)