Datasinc, an Italian proptech company specializing in real estate data analysis, has raised €750,000 in a funding round led by HabiSmart (a CDP Venture Capital accelerator), Apside (a joint venture between Zest and Intesa Sanpaolo), and several private investors.
The funding will be used to expand Datasinc’s sales and software development teams, and to strengthen its marketing and public relations efforts. These initiatives are aimed at increasing outreach to current and prospective clients across the property and finance sectors.
Founded by Nicola Chiarini and Francesco Braggiotti, Datasinc has developed a platform called Hometrack, which uses technologies such as web crawling, data mining, and machine learning to automate property evaluations. The system analyzes elements including building layout, interior features, location factors, transport access, and local amenities to generate real-time valuations.
The company has reported over 100% growth within its first two years of operation. Looking ahead, it plans to maintain double-digit annual growth, supported by recurring revenue from financial institutions and growing adoption among real estate professionals.
In addition to property valuations, the platform provides tools to estimate value depreciation, detect anomalies in datasets, and issue predictive alerts using geolocation-based data and validation algorithms. These features are being applied across real estate, credit, and insurance markets in Italy.
With this funding, Datasinc aims to strengthen its position among organizations working with property and credit data, while also preparing for future expansion into other European markets.
According to Stefano Molino, Head of the Accelerators Fund at CDP Venture Capital, Datasinc’s technology is becoming a benchmark in Italian property valuation.
Gabriele Ronchini, CEO of Zest Investments and Vice President of the Apside Investment Committee, noted that Datasinc’s capabilities could play a key role in Italy’s €5 billion real estate data ecosystem.
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By Proptechbuzz
By Ravi Kumar