Epum: The New Beacon in Commercial Real Estate Development
July 30, 2024, 3:33 am
Location: Netherlands, North Holland, Amsterdam
Employees: 1001-5000
Founded date: 2006
Total raised: $250M
Epum
Total raised: $1.6M
In the bustling world of commercial real estate, where every decision can mean the difference between profit and loss, a new player has emerged. Epum, a startup born in Amsterdam, has just raised €1.47 million (approximately $1.6 million) in pre-seed funding. This isn’t just another funding round; it’s a clarion call for innovation in an industry ripe for disruption.
Founded in 2023, Epum is a brainchild of former commercial real estate developers and tech experts. The team includes Royden Cooper and Spencer Stieff, who know the ins and outs of real estate development. They are joined by Leonardo Costa, a former senior software engineer at Adyen, and Tomasz Pietruszka, an ex-senior data scientist at Globality. The cherry on top is Marvin McCutchan, a leading researcher in Geospatial Artificial Intelligence. Together, they form a powerhouse of knowledge and experience.
Epum’s mission is clear: to transform commercial real estate development into a data-driven process. The startup boasts the largest real-time dataset of urban zoning and planning activity across the United States. This data is the lifeblood of their platform, which offers a sophisticated site selection solution for developers. It’s like having a GPS for real estate investment—guiding users through the maze of local demand drivers, zoning laws, ownership profiles, demographics, and more.
The funding round was led by Curiosity VC, a Dutch AI investor, and was oversubscribed by more than 150%. Co-investors included NP-Hard Ventures, Remote First Capital, and Heartfelt VC. This financial backing is not just a vote of confidence; it’s a launchpad for Epum to accelerate its growth and refine its platform.
In a world where rising interest rates have caused turbulence in the real estate market, Epum aims to be a stabilizing force. The platform is designed to help developers mitigate risks. It provides tools to analyze and forecast submarket trends using machine learning models. This is akin to having a crystal ball that predicts the future of real estate investments.
The implications of Epum’s technology are profound. Developers, investment managers, and lenders can now identify optimal development sites with unprecedented speed and accuracy. The platform organizes proprietary data safely and prepares investment committee memos over ten times faster than traditional methods. This efficiency is a game-changer. It allows stakeholders to make informed decisions quickly, a crucial advantage in a fast-paced market.
Epum is already making waves. The startup is collaborating with two nationwide commercial real estate developers and one private equity fund. These partnerships are not just endorsements; they are a testament to the platform’s potential. As Epum continues to refine its offerings, it stands to reshape the landscape of commercial real estate.
The need for such innovation is pressing. The commercial real estate sector has been slow to adopt technology. Many players still rely on outdated methods and gut feelings. This can lead to costly mistakes. Epum’s platform offers a remedy. By harnessing data and advanced algorithms, it empowers developers to make decisions based on facts rather than intuition.
Moreover, the timing of Epum’s launch is critical. The commercial real estate market is at a crossroads. With economic uncertainties looming, investors are seeking safer, more reliable returns. Epum’s data-driven approach could provide the assurance that pension funds and other investors need. It could become the backbone of a more resilient commercial real estate ecosystem.
As the world becomes increasingly urbanized, the demand for smart, efficient development solutions will only grow. Epum is poised to meet this demand head-on. Its platform not only simplifies the site selection process but also enhances the overall quality of urban planning. By providing insights into zoning and planning activities, Epum helps create better cities for future generations.
The startup’s vision extends beyond mere profit. It aims to build a sustainable future. By supporting developers with the right tools, Epum contributes to the creation of vibrant, livable urban spaces. This is not just about buildings; it’s about communities.
In conclusion, Epum is more than just a startup; it’s a beacon of hope for the commercial real estate industry. With its innovative platform and strong backing, it is set to redefine how developers approach site selection and urban planning. As the industry evolves, Epum will be at the forefront, guiding the way with data-driven insights and cutting-edge technology. The future of commercial real estate is bright, and Epum is leading the charge.
Founded in 2023, Epum is a brainchild of former commercial real estate developers and tech experts. The team includes Royden Cooper and Spencer Stieff, who know the ins and outs of real estate development. They are joined by Leonardo Costa, a former senior software engineer at Adyen, and Tomasz Pietruszka, an ex-senior data scientist at Globality. The cherry on top is Marvin McCutchan, a leading researcher in Geospatial Artificial Intelligence. Together, they form a powerhouse of knowledge and experience.
Epum’s mission is clear: to transform commercial real estate development into a data-driven process. The startup boasts the largest real-time dataset of urban zoning and planning activity across the United States. This data is the lifeblood of their platform, which offers a sophisticated site selection solution for developers. It’s like having a GPS for real estate investment—guiding users through the maze of local demand drivers, zoning laws, ownership profiles, demographics, and more.
The funding round was led by Curiosity VC, a Dutch AI investor, and was oversubscribed by more than 150%. Co-investors included NP-Hard Ventures, Remote First Capital, and Heartfelt VC. This financial backing is not just a vote of confidence; it’s a launchpad for Epum to accelerate its growth and refine its platform.
In a world where rising interest rates have caused turbulence in the real estate market, Epum aims to be a stabilizing force. The platform is designed to help developers mitigate risks. It provides tools to analyze and forecast submarket trends using machine learning models. This is akin to having a crystal ball that predicts the future of real estate investments.
The implications of Epum’s technology are profound. Developers, investment managers, and lenders can now identify optimal development sites with unprecedented speed and accuracy. The platform organizes proprietary data safely and prepares investment committee memos over ten times faster than traditional methods. This efficiency is a game-changer. It allows stakeholders to make informed decisions quickly, a crucial advantage in a fast-paced market.
Epum is already making waves. The startup is collaborating with two nationwide commercial real estate developers and one private equity fund. These partnerships are not just endorsements; they are a testament to the platform’s potential. As Epum continues to refine its offerings, it stands to reshape the landscape of commercial real estate.
The need for such innovation is pressing. The commercial real estate sector has been slow to adopt technology. Many players still rely on outdated methods and gut feelings. This can lead to costly mistakes. Epum’s platform offers a remedy. By harnessing data and advanced algorithms, it empowers developers to make decisions based on facts rather than intuition.
Moreover, the timing of Epum’s launch is critical. The commercial real estate market is at a crossroads. With economic uncertainties looming, investors are seeking safer, more reliable returns. Epum’s data-driven approach could provide the assurance that pension funds and other investors need. It could become the backbone of a more resilient commercial real estate ecosystem.
As the world becomes increasingly urbanized, the demand for smart, efficient development solutions will only grow. Epum is poised to meet this demand head-on. Its platform not only simplifies the site selection process but also enhances the overall quality of urban planning. By providing insights into zoning and planning activities, Epum helps create better cities for future generations.
The startup’s vision extends beyond mere profit. It aims to build a sustainable future. By supporting developers with the right tools, Epum contributes to the creation of vibrant, livable urban spaces. This is not just about buildings; it’s about communities.
In conclusion, Epum is more than just a startup; it’s a beacon of hope for the commercial real estate industry. With its innovative platform and strong backing, it is set to redefine how developers approach site selection and urban planning. As the industry evolves, Epum will be at the forefront, guiding the way with data-driven insights and cutting-edge technology. The future of commercial real estate is bright, and Epum is leading the charge.