Viability is a software platform that conducts rapid site feasibility studies and development appraisals using real-time market data, planning policy requirements, and construction cost analytics. It enables real estate developers to accurately assess project viability and optimize land offers, significantly reducing the time and costs associated with traditional consultancy methods.
Funding
$680K 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 developers face challenges in quickly and accurately assessing the financial viability of potential development sites due to the complexity of gathering and analyzing market data, planning policies, and construction costs. Traditional feasibility studies are time-consuming and expensive, often relying on consultants and manual processes, which can lead to missed opportunities or costly miscalculations.
Solution
Viability is a software platform designed to streamline and accelerate the process of conducting site feasibility studies and development appraisals. The platform aggregates real-time market data, planning policy requirements, and construction cost analytics to enable developers to quickly assess project viability and optimize land offers. By automating data collection and analysis, Viability reduces the time and costs associated with traditional consultancy methods, providing developers with the insights needed to make informed decisions and maximize project success. The software applies industry-standard methodologies to identify the most suitable construction partners, optimize scheme designs, and generate financial reports.
Target Audience
Viability is designed for property developers, land agents, housing associations, and development consultants who need to quickly assess site viability, optimize development schemes, and make informed investment decisions.
Features
- Access to live market and build cost data for accurate financial modeling
- Integration of planning policy requirements, including CIL, S106, and nutrient neutrality calculations
- Algorithms for determining optimum unit size and mix to maximize land values
- High-quality aerial imagery and detailed below-ground infrastructure surveys
- Tools for assessing the impact of sustainable solutions and modern construction methods
- Automated generation of financial reports for informed decision-making
- Export functionality to Excel for further customization and analysis