Property accelerator Pi Labs has revealed the five proptech start-ups that have secured a place on the second of its three-month programmes.
After a successful first programme, which concluded in May, Pi Labs – a joint venture between Cushman & Wakefield and Spire Ventures which launched in October 2014 – has received 130 applications from 34 countries from property start-ups seeking a coveted place on the next accelerator programme, due to start on 7 September.
The five successful start-ups are: EnergyMiser, a platform to help people save money on their energy bills; RoomFlick, a tool to match people looking for spare rooms with existing tenants; Nanoget, an online community to enable landlords and tenants to liaise without needing an external agent; YourWelcome a TV portal for AirBnB properties to deliver welcome messages and property instructions; and Switchee, a smart thermostat for social housing that learns a household’s weekly routine and automatically turns the heating off when no one is home.
The accelerator programme will provide each proptech start-up with funding, mentors, office space with the Second Home company and will conclude with an opportunity to present their business ideas to some of London’s top investors at a demo day at the end of the three-month period.
C&W’s global tech lead for Europe, Juliette Morgan, said: “Pi Labs was created to support the growing number of property start-ups with the potential to disrupt the property sector – something we feel we accomplished in the first cohort. For the second cohort, we received an overwhelming amount and variety of applications, demonstrating the success of the programme’s first cohort.”
