Hipflat operates an online real estate portal that lists residential, commercial and industrial properties and connects buyers and renters with sellers and landlords. The company uses a proprietary data-mining solution to collect, extract and process pricing data from hundreds of unstructured sources. Its data set—assembled with Natural Language Processing and Machine Learning—includes asking prices for over 2,500 projects going back as far as eight years, achievable rental yields and pricing trends. Hipflat currently lists 260,000 active property listings and receives over 30,000 monthly inquiries from homebuyers and renters. The company plans to use new capital to introduce innovative products aimed at increasing transparency in emerging property markets. Hipflat was incorporated in 2013 and is led by founder and CEO Denis Nemtsev. HipFlat is a Thai real estate search site that aggregates property listings and local information. It has developed an automated system that collects and processes offers from agents, owners, online classifieds and forums, and aggregates nearby restaurants, shops, schools and parks. The service includes a price trend graph to help users research and make informed decisions. The company raised $335k in funding and plans to use the proceeds to launch and build the team. Backers include Crystal Horse Investments, 8capita and a Thailand-based group of angel investors led by Kris Nalamlieng. HipFlat is hiring.

Total raised

$0M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2013