Oakglen Group Acquires a Majority Stake in Pupil to Scale its Innovative Digital Twin Solutions Globally

Oakglen Group acquires a majority stake in Pupil, a global leader in spatial data technology, to accelerate growth and scale its innovative digital twin solutions worldwide.

Pupil, the award-winning spatial data company that is digitally mapping the built world, has announced that Oakglen Group has become its majority shareholder. This investment reflects Oakglen’s confidence in Pupil’s cutting-edge technology, market-leading accuracy and proven scalability.

This transformative private equity transaction will fuel Pupil’s international expansion and ongoing product development, enabling the company to further establish itself as the industry-leader for verified spatial data.

It marks a significant milestone for Pupil, a 2023 Deloitte Fast50 winner, which has now raised over $50 million to date with existing backing from prestigious investors such as Cushman & Wakefield and Grosvenor.

Pupil’s innovative technology transforms real estate into verified digital data, with unparalleled accuracy and speed. Its game-changing AI has earned Pupil consecutive Innovate UK awards, highlighting its transformative impact on the real estate industry.

Since its launch, Pupil has digitised over 350 million square feet of real estate, with over 150,000 spaces under management, representing a combined value exceeding $500 billion. Its flagship products include Stak, the verified measurement leader for the commercial real estate market; Spec, which is focused on the residential real estate sector; and Strat, which serves the growing UAE market.

James D. Marshall, Founder & CEO of Pupil, and Oliver Breach, Founder & Chairman of Pupil, said:

“We are thrilled to welcome Oakglen Group as a majority shareholder in Pupil. Their investment and strategic support align perfectly with our ambition to redefine how the world’s real estate is digitised. With Oakglen’s expertise in real estate and technology and our shared commitment to innovation, this partnership sets the stage for an exciting new chapter of growth for Pupil.”

Nick Crawford, Group Co-CEO of Oakglen Group, added:

“Pupil has proven to have a highly scalable and innovative model. The company is positioned to lead the spatial data revolution in the property sector. The accuracy, speed and quality of Pupil’s spatial data is extremely impressive. We are excited to support the company’s continued growth and international expansion.”

About Oakglen Group

Oakglen is a group of investment and operating companies with interests across the UK, Channel Islands, Europe and North America in the real estate, private equity and financial services sectors. Oakglen’s private equity portfolio includes investments in the healthcare, real estate and financial services sectors.

Source