Shared 24 June, 2025
The Vienna-based PropTech company Propcorn recently received significant funding from the Austrian Research Promotion Agency (FFG). This support, amounting to €640,000 in the first year, is part of the IWI 24/26 basic program and will be awarded over three years.
Propcorn aims to transform the real estate market through the use of artificial intelligence and data-driven insights. The startup’s software analyzes thousands of real estate data sets—from zoning and development plans to legal frameworks—and delivers legally sound new construction and densification potential in real time. Its target audience includes project developers, architects, cities, banks, and investors who want to make informed decisions faster.
The funding, which runs for a period of three years, will enable Propcorn to specifically improve and expand existing features of the platform. The company sees great potential, particularly in the areas of automated potential analysis and the intelligent evaluation of land use and real estate data. At the same time, Propcorn plans to expand its team to accelerate technological development and bring new features to market faster.
Propcorn’s software is aimed at project developers, architects, cities, banks, and investors who want to make informed decisions faster. By analyzing thousands of real estate data sets, from zoning and development plans to legal frameworks, the platform provides legally sound new construction and densification potential. This data-driven approach is intended to make the real estate market more efficient and transparent.
“This funding enables us to accelerate our product roadmap and specifically expand the performance of our platform – so that real estate professionals can implement their projects with greater security and efficiency,” says co-founder Niki Stadler.
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BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.
BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.
“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”
BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.
“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”
Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.
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