Swiss real estate startup is expanding its European operations. It recently acquired German competitor, YouVal GmbH — the operator of

PriceHubbleThe acquisition will accelerate PriceHubble’s entry into the German market and YouVal GmbH will be known as PriceHubble Germany going forward. The company is already active in Switzerland and France.

CEO and co-founder Markus Stadler (LinkedIn profile) said, “Germany is the largest property market in Europe and is still at the beginning of data-based digitization solutions. We see tremendous potential here for PriceHubble”.

The company analyses large pools of data and uses machine learning to derive real estate valuations, price predictions, and other easy-to-understand indicators. YouVal specializes in the development of digital real estate valuation software.

PriceHubble will now integrate YouVal’s products and services into its own technology and platform.

The company concluded a multi-million series A financing round in late 2017. Investors included Helvetia, Swiss Life, Swisscom and the BTOV private investor network.

PriceHubble co-founder Dr. Stefan Rietmann was also a co-founder of MoneyPark — Switzerland’s biggest mortgage intermediary. He saw it through to a majority takeover by Helvetia Ventures for over CHF 100 million in late 2016. The founders and Tamedia AG own the remaining shares.