Tech company Matrixian Group Secures €1.5 million

The group uses AI to figure out prices of homes and has also come up with ‘digital twins’ of houses

A Netherlands-based technology company named Matrixian Group, that uses smart data and computer smarts (Artificial Intelligence or AI) to figure out how much homes are worth, has secured €1.5 million from Pride Capital Partners. This is in addition to the €2 million they already had.

The company also makes ‘digital twins’ or computer copies of houses and works towards making better houses for the environment.  Lars van ‘t Hoenderdaal, Managing Partner at Pride Capital Partners, commented, “Matrixian Group is shifting from being a Location Intelligence provider to a data and AI solutions provider to the real estate sector and its partners. This shift has challenged the organisation in rethinking and optimising its business model and sales market. Pride Capital Partners looks forward to continuing to support the management of Matrixian Group in their journey.”

In September, Matrixian Group plans to have a ‘Homematrix Desktop Valuation’, which will let anyone know how much a house costs without even leaving their home. Further, the company is also growing and making new offices in Dubai and London.

Luke Liplijn, Founder and CEO of Matrixian Group, says, “Within seconds, we can connect buyers, sellers, and mortgage lenders with the right data, enabling fully digital transactions. This matches exactly what the market is demanding now. Our information services, powered by generative AI, meet this need in the new AI era.”

In pursuit of their expansion goals, Matrixian Group has also established a fresh team of directors, armed with the necessary skills and knowledge. Furthermore, the company has taken a strategic step by separating its hyperlocal news website, Drimble. This separation allows Matrixian Group to concentrate solely on its fundamental tasks: delivering data and AI services tailored to the real estate industry and its collaborators. Bolstered by the backing of Pride Capital Partners, Matrixian Group holds a strong belief in achieving its ambitious plans for growth.

“The name of our investor, Pride Capital Partners, is well honoured. Over the past year, we have come to know them as valued partners in business. This support gives us the impetus to realise our growth plans and expand our services internationally,” Liplijn concludes.