The startup offers a data platform that enables real estate asset managers to efficiently collect and analyze property data, providing actionable insights to enhance financial performance and mitigate portfolio risks. By streamlining reporting processes, the platform allows professionals to maintain accurate, up-to-date information on their assets and adapt strategies to evolving market conditions.
Funding
$3.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Real estate asset managers face challenges in efficiently collecting and analyzing property data, hindering their ability to make informed decisions that enhance financial performance and mitigate portfolio risks. Inefficient space utilization, growing environmental concerns, and evolving regulations further complicate asset management.
Solution
Square Sense offers a data platform that streamlines real estate management by providing tools to collect, aggregate, and visualize data from various sources, including IoT sensors and third-party systems. The platform delivers actionable insights to optimize asset performance, reduce energy consumption, improve tenant well-being, and meet ESG standards. By creating a digital twin of each asset, Square Sense enables real-time monitoring, predictive analytics, and data-driven decision-making for property developers, owners, investors, operators, and tenants. The platform fosters collaboration among stakeholders by centralizing knowledge and providing a common language based on data.
Target Audience
Square Sense targets property developers, owners & investors, operators, and tenants seeking to optimize the financial and extra-financial performance of their real estate assets.
Features
- End-to-end solution from sensor deployment to decarbonization guidance
- IoT sensor installation and integration with existing systems for comprehensive data collection (occupancy, energy, air quality)
- Data aggregation from various sources (annual rents, service charges, CapEx, stacking plans)
- Real-time dashboards for visualizing asset performance, consumption patterns, and other relevant metrics
- AI-powered virtual assistant (Amaia) for instant answers and chart generation
- Data Asset Management team providing personalized advice, analysis, and recommendations
- Customizable alerts for proactive risk management and system outage prevention
- Support for smart building certification (e.g. SmartScore)
- Tailored reports for tracking asset and portfolio performance, including ESG metrics