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Qbiq Secures $10M In Seed Funding To Accelerate Real Estate Deals With Generative Ai Space Planning And Visualization Platform

Sep 20, 2023about 2 years ago

Amount Raised

$10 Million

Round Type

seed

Tel AvivArtificial IntelligenceSoftware

Investors

M FundRandomforestOcean Azul10 DJll Spark Global Ventures

Description

qbiq, the generative AI and visualization platform for real estate space planning, today announced that it has raised $10M in seed funding from strategic investors including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to instantly unlock the potential of any space and accelerate decision making. This new funding will continue to support qbiq's rapid growth and deepen its market presence in the US.

Company Information

Company

qbiq

Location

Tel Aviv, Tel-Aviv District, Israel

About

qbiq accelerates real estate space planning from weeks to minutes, instantly bringing buildings to life, allowing prospective tenants to see the property's full potential. Our AI technology and design engines produce 3D Tours and multiple architectural layout plans. In the old way of doing things, visualizing a space for a prospective tenant takes weeks and costs an arm and a leg. Every company has unique needs, design guidelines, layout preference and more. Landlords, Brokers and Architects struggle with this on a daily basis. qbiq’s floor layout options, comparisons, and 3D Tours increase tenant engagement and help them make a quick and more informed decision - eventually empowering Landlords and Brokers to close more deals, faster.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech