REDD operates a dynamic, constantly updated database of commercial real estate in Poland, monitoring over 2,100 properties and storing roughly 170 billion pieces of data. Founded in 2018 by Piotr Smagała and Tomasz Ogrodzki, the platform replaces manual Excel-based workflows with real-time data management and offers Basic and User update models plus a flexible unit-splitting feature. REDD emphasizes data quality and daily updates for availability, costs, and other key criteria to increase market transparency and reduce transaction costs. The company plans AI-focused product development, including REDD AI—an intelligent tool to estimate office-property values across thousands of data dimensions. REDD follows a “smart money” approach to fundraising, attracting industry experts to its board to drive digital transformation in Poland’s commercial real estate sector. The company recently closed an angel round to support continued product and AI development.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2023