Pi Labs announces successful candidates for second cohort

Pi Labs, Europe’s first property focused accelerator has announced the five successful candidates for the second intake of startups.

Pi Labs received 130 applications from 34 countries throughout Asia, Europe, Australia, Africa and North and South America from which a handful of budding proptech startups have been selected to follow in the footsteps of the successful first cohort, in the second three-month accelerator programme of 2015.

The accelerator programme will provide each proptech startup with the ideal platform for any young business with funding, mentors, office space in the iconic Second Home building situated in the heart of “Tech City”, and will conclude with an opportunity to present their newly developed business ideas to some of London’s top investors at the Demo Day.

Pi Labs’ fund, which was raised earlier this year on the equity crowdfunding platform Seedrs, will invest in the development of the five startups selected for the programme. The fund has enabled members of the public, alongside corporate entities, to invest in a portfolio of companies supported by a highly specialised and experienced Pi Labs investment team.

Pi Labs’ programme director, Mary Criebardis Singh, said: “The support and interest Pi Labs has received from the property industry continues to grow and we feel that our next five teams are great examples of the type of innovation that will positively impact the industry.”

The second cohort of proptech startups includes:

  • nanoget: nanoget revolutionises the way people rent, let and manage their homes online. As the first community of its kind, nanoget provides a one-step platform for landlords and tenants to directly engage with each other without the use of an external agent. It enables users to communicate seamlessly, helping with negotiating tenancy agreements, logging issues, reporting problems and requesting home related services ranging from plumbers to private tutors. nanoget’s unique continuous feedback builds a strong ecosystem of dedicated users. See more at: nanoget.com
  • EnergyMiser: EnergyMiser is seeking to build an ongoing consumer engagement platform for households to help them save money on their energy bills. They intend to disrupt the space by building a digital toolset for consumers to put them in charge of their energy bills and to make it as easy as possible for people to take action saving money and energy. See more at: Energymiser.co
  • RoomFlick: With spiraling rental costs, more people are sharing properties than ever before. Finding the right place to live, and the right people to live with isn’t easy, using social connections and interests, RoomFlick matches people looking for spare rooms and properties, with landlords and existing tenants. See more at: Roomflick.com
  • YourWelcome: YourWelcome offers a hotel TV-style connected portal for AirBnB properties. Their connected screens can be rented by AirBnB hosts who can tailor the device for their guests to broadcast host-generated welcome videos and home instructional guides, alongside relevant local information. YourWelcome then serves up daily local offers to the AirBnB guests direct to the device, matching a highly engaged audience with targeted money saving offers. See more at: yourwelcome.com
  • Switchee: A smart thermostat for social housing. It learns a household’s weekly routine and automatically turns heating off when no one is home. Switchee has been designed in conjunction with affordable housing providers to combat fuel poverty and reduce property management costs by collecting actionable home usage data. See more at: switchee.co

Cushman &Wakefield’s global tech lead for Europe, Juliette Morgan, said: “Pi Labs was created to support the growing number of property startups 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 programmes first cohort.

“We are eager to start working with this group of exciting business prospects that will hopefully be influential in broadening the proptech horizon.”

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