A French authorities dataset, freely downloadable from information.gouv.fr, now powers residential valuation merchandise throughout Europe. Banks pay thousands and thousands to entry merchandise constructed on it. The dataset known as DVF. Many proptech startups exterior France have by no means heard of it.
The information hole is the true story in European proptech.
Corporations successful in European actual property know-how compete on information entry, not on software program interfaces. The companies constructing sturdy market positions discovered which public datasets exist, find out how to extract and clear them, and find out how to mix open authorities data with licensed business information into merchandise institutional consumers pay for persistently.
Knowledge entry is now the true aggressive moat
European actual property generates giant volumes of information. Land registers, transaction histories, vitality certificates, planning purposes, and cadastral maps exist throughout dozens of nationwide programs. For years, the info sat in fragmented public archives with no sensible technique to join them at scale.
Corporations capable of work throughout nationwide information boundaries constructed a structural benefit.
Not in software program. In information pipelines.
Europe’s strongest proptech firms don’t merely mixture data. They normalize, mannequin, and package deal information into proprietary intelligence. Banks, builders, and institutional traders more and more purchase entry to the output fairly than the underlying platform. The barrier to entry is years of labor constructing clear, related information protection, not code.
What Europe’s open information layer seems to be like now
For many European proptech merchandise, the place to begin is public data, and high quality varies significantly by nation.
The UK stays one in all Europe’s strongest open-data markets for residential proptech. HM Land Registry publishes Value Paid Knowledge overlaying England and Wales property gross sales since 1995, and since late August 2026 the month-to-month launch additionally carries UPRN and INSPIRE property identifiers for brand new gross sales, making tackle matching simpler for downstream merchandise. The federal government additionally runs a separate Power Efficiency Certificates information service with API entry and bulk downloads. The service was rebuilt in 2026 underneath a brand new identify, Open Knowledge Communities, and its most just lately printed figures put month-to-month visitors at roughly 34.7 million API requests alongside about 2,200 direct data-download requests. The redesign modified the platform and the way in which it counts utilization, so the obtain determine is just not a clear comparability to older reviews, but it surely confirms the service stays closely used.
France presents DVF, overlaying offered property transactions nationwide and refreshed twice a yr, each April and October. Cerema, the federal government’s technical company, publishes a companion dataset known as DV3F, geolocating and structuring the uncooked DVF data for evaluation, hosted on information.ademe.fr. DVF itself has not been changed or rebranded. DV3F sits alongside it as an enrichment layer, not a successor.
The Netherlands maintains a unified actual property database managed by Kadaster, the Basisregistratie Adressen en Gebouwen, overlaying buildings and addresses. The underlying legislation took impact in 2009, and it required authorities our bodies to undertake the register by 2011. Spain’s Directorate Normal for Cadastre publishes cadastral parcels and tackle information by means of INSPIRE cartographic companies at no cost. Finland’s Nationwide Land Survey publishes actual property transaction statistics with annual data courting to 1990.
Germany diverges from the UK and France. Land-register and cadastral programs exist in digital type, however possession information entry stays interest-based and managed on the federal state degree. Germany is a more durable marketplace for consumer-facing valuation merchandise than nations with open price-paid data.
The EU’s Excessive-Worth Datasets Regulation, formally Implementing Regulation (EU) 2023/138, grew to become relevant throughout member states in June 2024. It covers six classes: geospatial, earth commentary and setting, meteorological, statistics, firm possession, and mobility information, all printed freed from cost and in machine-readable type. The European Fee has since proposed seven further candidate classes for future growth, together with vitality, well being, and public administration information, although not one of the seven proposals has taken pressure but. For proptech companies, the sensible result’s extra public information to entry and reuse, throughout borders, with extra doubtless on the way in which.
Industrial information completes the image
Open datasets present the skeleton. Uncooked public data hardly ever convert immediately into enterprise-grade merchandise with out enrichment.
Correct valuation fashions require transaction depth, itemizing costs, rental comparables, and property attributes alongside the registry spine. Licensed information suppliers fill the hole. Industrial distributors provide asking costs, occupancy charges, lease phrases, constructing efficiency benchmarks, and portfolio comparables public registries don’t carry. Proptech companies mix open and licensed information layers, apply analytical fashions, and promote the output fairly than the uncooked inputs.
Six firms nonetheless constructing on the info stack, with combined outcomes
PriceHubble, headquartered in Switzerland, builds automated valuation fashions for banks, asset managers, builders, and brokers throughout 10 European nations. The corporate raised a confirmed $34 million Sequence B in 2021, led by Digital+ Companions, and has not disclosed a brand new priced spherical since. As a substitute, it grew its information pipeline by acquisition, shopping for UK information companies WhenFresh and Dataloft and French agency Urbanease. In 2025, PriceHubble reported its instruments lined 4 million properties throughout Europe, representing 607 billion euros in property worth, with greater than 50 billion euros analyzed monthly throughout financing, valuation, and threat workflows.
France-based Deepki raised 150 million euros in Sequence C funding in 2022, nonetheless its most up-to-date disclosed spherical. Its platform collects vitality and sustainability information from fragmented constructing data, normalizes data at portfolio scale, and produces ESG reporting and decarbonization planning for institutional actual property purchasers. Deepki stated the platform monitored greater than 4 trillion euros in property underneath administration throughout 80 nations for over 500 clients by 2025. CRREM, the Carbon Threat Actual Property Monitor, now working because the CRREM Basis, offers a complementary public framework, delivering science-based decarbonization pathways throughout 44 nations. Institutional traders use CRREM pathways to benchmark stranding threat and sequence retrofit choices.
WeMaintain, additionally French, makes use of IoT sensors and real-time information for predictive upkeep of lifts, escalators, fire-safety programs, and computerized doorways. The corporate raised $36 million in Sequence B funding in 2021 and named Allianz Actual Property, Swiss Life, and BNP Paribas amongst its purchasers on the time. In April 2026, US elevator and escalator producer Otis Worldwide took a majority stake in WeMaintain. WeMaintain and Otis body the deal as a strategic funding fairly than a merger, and WeMaintain says founder Benoit Dupont stays on as CEO with the platform persevering with to function as an equipment-agnostic, unbiased model. That framing will get examined over time: the pitch that constructed WeMaintain’s repute was servicing lifts no matter who manufactured them, and the corporate now solutions to a majority proprietor that manufactures lifts.
Germany-based Drooms operates AI-powered digital information rooms for business actual property gross sales, M&A offers, and NPL transactions. Its due diligence product applies automated doc processing to scale back handbook evaluate time and velocity up transaction workflows. Drooms nonetheless counts greater than 40,000 purchasers worldwide. In June 2026, non-public fairness agency EOS Companions acquired a majority stake within the firm, and co-founder Jan Hoffmeister exited after 25 years. CEO Alexandre Grellier stays in place, and Drooms reported roughly 20 p.c income progress in 2025 alongside a 120 p.c internet retention price, proof the possession change adopted robust efficiency fairly than misery.
Casavo, based in Italy, is a data-led residential transaction platform. After shifting from an instant-buyer mannequin to an asset-light market, the corporate raised 20 million euros in 2024, led by UniCredit, on the again of 225 million euros in consolidated 2023 turnover and greater than 3,200 sellers and consumers served in 2023. The turnaround proved incomplete. In December 2025, Casavo restructured its stability sheet, canceling roughly 200 million euros in collected losses and elevating a a lot smaller 12 million euros in recent capital, a transfer reported to have worn out a lot of the worth held by present shareholders. The corporate posted a 44.5 million euro loss for the primary 9 months of 2025 and detrimental internet fairness of three.5 million euros as of September 30, 2025. Shareholders Exor and UniCredit permitted the restructuring; Intesa Sanpaolo and P101 abstained. Casavo says it now targets profitability in 2026 and remains to be pursuing growth into France and Spain. Casavo survived. A knowledge-led mannequin alone didn’t spare it from a extreme monetary reset, and the distinction between “successful on information” and “successful financially” exhibits up clearly in its stability sheet.
Residently, based mostly within the UK, offers a rental working system for institutional residential portfolios overlaying advertising, leasing, tenant communications, funds, and upkeep, and the corporate nonetheless reviews its system powers greater than 21,000 houses. UK company filings present Residently’s authentic working subsidiary entered voluntary liquidation in June 2024. A brand new entity, Residently Labs, appeared within the company register weeks earlier with a software-focused registration. The timing suggests a restructuring tied to Residently’s shift towards a pure software program mannequin fairly than a enterprise failure, although unbiased press protection of the change couldn’t be discovered, so the interpretation rests on the general public filings alone.
The fragmentation drawback stays actual
Europe’s open information setting is best than most proptech founders assume. It’s also much more fragmented than it must be.
No unified European land registry exists, and no harmonized property transaction database spans the continent. EPC data age out, get outmoded, or change into inconsistent with out clear flagging within the dataset. Older buildings carry incomplete digital data, lacking flooring plans, or unreliable tackle matching.
Privateness guidelines add an additional layer of constraint. GDPR and nationwide land-register guidelines restrict entry to owner-level, id, and occupancy information. Proptech companies constructing mortgage instruments, possession merchandise, and tenant-screening programs function in a stricter compliance setting than analytics-only platforms.
Industrial information prices create an actual barrier for early-stage firms. Corporations needing licensed comparables, portal information, and business market benchmarks should clear a significant value threshold earlier than reaching enterprise-grade analytics. Protection corresponding to incumbents takes years to construct from scratch.
EU coverage is closing the hole quicker than firms count on
Two EU initiatives are shifting the info setting quicker than most firms deliberate for.
The Excessive-Worth Datasets Regulation has been opening geospatial, statistical, environmental, and company-ownership data throughout member states since June 2024. The EU Knowledge Act targets a unique drawback: information generated by related constructing merchandise, and its timeline stopped being theoretical months in the past.
Lifts, HVAC programs, good meters, and entry controls generate operational information always, and producers, not constructing house owners or operators, have traditionally held most of it. The Knowledge Act grew to become typically relevant in September 2025, giving constructing house owners and operators a proper to request operational information on demand. A more durable obligation arrives on September 12, 2026, when producers of newly positioned related merchandise should construct information entry into the product itself by default, by means of APIs or export features, fairly than ready for a request. For the elevator, HVAC, and access-control programs companies like WeMaintain instrument, the shift from access-on-request to access-by-default lowers the price of constructing new merchandise round gear information with out first negotiating a data-sharing settlement.
The duty solely covers “available uncooked and pre-processed information,” not the closely processed, higher-value outputs companies like WeMaintain and Drooms already promote, and producers retain large latitude to outline what counts as processed. Authorized analysts monitoring the rule count on the true combat to play out over the processed-versus-raw distinction, not over the September deadline itself. Producers should open the door, in different phrases, however they nonetheless get to determine the place uncooked information stops and their proprietary, higher-value layer begins.
The businesses constructing proprietary information stacks aren’t straightforward to catch, and 2025 and 2026 confirmed the price of making an attempt: an industrial acquirer took a majority stake in WeMaintain, a personal fairness agency did the identical at Drooms, and Casavo wanted a painful balance-sheet reset to maintain constructing. Clear, related property information protection doesn’t seem in a single day. It takes deliberate work, country-by-country relationships, and years of normalization effort. European regulatory frameworks are bettering the inspiration. No coverage will hand a startup a completed information pipeline. Corporations doing the arduous work of information meeting will outlast opponents with stronger merchandise however weaker pipelines, even when pipeline possession adjustments palms.
A French authorities dataset, freely downloadable from information.gouv.fr, now powers residential valuation merchandise throughout Europe. Banks pay thousands and thousands to entry merchandise constructed on it. The dataset known as DVF. Many proptech startups exterior France have by no means heard of it.
The information hole is the true story in European proptech.
Corporations successful in European actual property know-how compete on information entry, not on software program interfaces. The companies constructing sturdy market positions discovered which public datasets exist, find out how to extract and clear them, and find out how to mix open authorities data with licensed business information into merchandise institutional consumers pay for persistently.
Knowledge entry is now the true aggressive moat
European actual property generates giant volumes of information. Land registers, transaction histories, vitality certificates, planning purposes, and cadastral maps exist throughout dozens of nationwide programs. For years, the info sat in fragmented public archives with no sensible technique to join them at scale.
Corporations capable of work throughout nationwide information boundaries constructed a structural benefit.
Not in software program. In information pipelines.
Europe’s strongest proptech firms don’t merely mixture data. They normalize, mannequin, and package deal information into proprietary intelligence. Banks, builders, and institutional traders more and more purchase entry to the output fairly than the underlying platform. The barrier to entry is years of labor constructing clear, related information protection, not code.
What Europe’s open information layer seems to be like now
For many European proptech merchandise, the place to begin is public data, and high quality varies significantly by nation.
The UK stays one in all Europe’s strongest open-data markets for residential proptech. HM Land Registry publishes Value Paid Knowledge overlaying England and Wales property gross sales since 1995, and since late August 2026 the month-to-month launch additionally carries UPRN and INSPIRE property identifiers for brand new gross sales, making tackle matching simpler for downstream merchandise. The federal government additionally runs a separate Power Efficiency Certificates information service with API entry and bulk downloads. The service was rebuilt in 2026 underneath a brand new identify, Open Knowledge Communities, and its most just lately printed figures put month-to-month visitors at roughly 34.7 million API requests alongside about 2,200 direct data-download requests. The redesign modified the platform and the way in which it counts utilization, so the obtain determine is just not a clear comparability to older reviews, but it surely confirms the service stays closely used.
France presents DVF, overlaying offered property transactions nationwide and refreshed twice a yr, each April and October. Cerema, the federal government’s technical company, publishes a companion dataset known as DV3F, geolocating and structuring the uncooked DVF data for evaluation, hosted on information.ademe.fr. DVF itself has not been changed or rebranded. DV3F sits alongside it as an enrichment layer, not a successor.
The Netherlands maintains a unified actual property database managed by Kadaster, the Basisregistratie Adressen en Gebouwen, overlaying buildings and addresses. The underlying legislation took impact in 2009, and it required authorities our bodies to undertake the register by 2011. Spain’s Directorate Normal for Cadastre publishes cadastral parcels and tackle information by means of INSPIRE cartographic companies at no cost. Finland’s Nationwide Land Survey publishes actual property transaction statistics with annual data courting to 1990.
Germany diverges from the UK and France. Land-register and cadastral programs exist in digital type, however possession information entry stays interest-based and managed on the federal state degree. Germany is a more durable marketplace for consumer-facing valuation merchandise than nations with open price-paid data.
The EU’s Excessive-Worth Datasets Regulation, formally Implementing Regulation (EU) 2023/138, grew to become relevant throughout member states in June 2024. It covers six classes: geospatial, earth commentary and setting, meteorological, statistics, firm possession, and mobility information, all printed freed from cost and in machine-readable type. The European Fee has since proposed seven further candidate classes for future growth, together with vitality, well being, and public administration information, although not one of the seven proposals has taken pressure but. For proptech companies, the sensible result’s extra public information to entry and reuse, throughout borders, with extra doubtless on the way in which.
Industrial information completes the image
Open datasets present the skeleton. Uncooked public data hardly ever convert immediately into enterprise-grade merchandise with out enrichment.
Correct valuation fashions require transaction depth, itemizing costs, rental comparables, and property attributes alongside the registry spine. Licensed information suppliers fill the hole. Industrial distributors provide asking costs, occupancy charges, lease phrases, constructing efficiency benchmarks, and portfolio comparables public registries don’t carry. Proptech companies mix open and licensed information layers, apply analytical fashions, and promote the output fairly than the uncooked inputs.
Six firms nonetheless constructing on the info stack, with combined outcomes
PriceHubble, headquartered in Switzerland, builds automated valuation fashions for banks, asset managers, builders, and brokers throughout 10 European nations. The corporate raised a confirmed $34 million Sequence B in 2021, led by Digital+ Companions, and has not disclosed a brand new priced spherical since. As a substitute, it grew its information pipeline by acquisition, shopping for UK information companies WhenFresh and Dataloft and French agency Urbanease. In 2025, PriceHubble reported its instruments lined 4 million properties throughout Europe, representing 607 billion euros in property worth, with greater than 50 billion euros analyzed monthly throughout financing, valuation, and threat workflows.
France-based Deepki raised 150 million euros in Sequence C funding in 2022, nonetheless its most up-to-date disclosed spherical. Its platform collects vitality and sustainability information from fragmented constructing data, normalizes data at portfolio scale, and produces ESG reporting and decarbonization planning for institutional actual property purchasers. Deepki stated the platform monitored greater than 4 trillion euros in property underneath administration throughout 80 nations for over 500 clients by 2025. CRREM, the Carbon Threat Actual Property Monitor, now working because the CRREM Basis, offers a complementary public framework, delivering science-based decarbonization pathways throughout 44 nations. Institutional traders use CRREM pathways to benchmark stranding threat and sequence retrofit choices.
WeMaintain, additionally French, makes use of IoT sensors and real-time information for predictive upkeep of lifts, escalators, fire-safety programs, and computerized doorways. The corporate raised $36 million in Sequence B funding in 2021 and named Allianz Actual Property, Swiss Life, and BNP Paribas amongst its purchasers on the time. In April 2026, US elevator and escalator producer Otis Worldwide took a majority stake in WeMaintain. WeMaintain and Otis body the deal as a strategic funding fairly than a merger, and WeMaintain says founder Benoit Dupont stays on as CEO with the platform persevering with to function as an equipment-agnostic, unbiased model. That framing will get examined over time: the pitch that constructed WeMaintain’s repute was servicing lifts no matter who manufactured them, and the corporate now solutions to a majority proprietor that manufactures lifts.
Germany-based Drooms operates AI-powered digital information rooms for business actual property gross sales, M&A offers, and NPL transactions. Its due diligence product applies automated doc processing to scale back handbook evaluate time and velocity up transaction workflows. Drooms nonetheless counts greater than 40,000 purchasers worldwide. In June 2026, non-public fairness agency EOS Companions acquired a majority stake within the firm, and co-founder Jan Hoffmeister exited after 25 years. CEO Alexandre Grellier stays in place, and Drooms reported roughly 20 p.c income progress in 2025 alongside a 120 p.c internet retention price, proof the possession change adopted robust efficiency fairly than misery.
Casavo, based in Italy, is a data-led residential transaction platform. After shifting from an instant-buyer mannequin to an asset-light market, the corporate raised 20 million euros in 2024, led by UniCredit, on the again of 225 million euros in consolidated 2023 turnover and greater than 3,200 sellers and consumers served in 2023. The turnaround proved incomplete. In December 2025, Casavo restructured its stability sheet, canceling roughly 200 million euros in collected losses and elevating a a lot smaller 12 million euros in recent capital, a transfer reported to have worn out a lot of the worth held by present shareholders. The corporate posted a 44.5 million euro loss for the primary 9 months of 2025 and detrimental internet fairness of three.5 million euros as of September 30, 2025. Shareholders Exor and UniCredit permitted the restructuring; Intesa Sanpaolo and P101 abstained. Casavo says it now targets profitability in 2026 and remains to be pursuing growth into France and Spain. Casavo survived. A knowledge-led mannequin alone didn’t spare it from a extreme monetary reset, and the distinction between “successful on information” and “successful financially” exhibits up clearly in its stability sheet.
Residently, based mostly within the UK, offers a rental working system for institutional residential portfolios overlaying advertising, leasing, tenant communications, funds, and upkeep, and the corporate nonetheless reviews its system powers greater than 21,000 houses. UK company filings present Residently’s authentic working subsidiary entered voluntary liquidation in June 2024. A brand new entity, Residently Labs, appeared within the company register weeks earlier with a software-focused registration. The timing suggests a restructuring tied to Residently’s shift towards a pure software program mannequin fairly than a enterprise failure, although unbiased press protection of the change couldn’t be discovered, so the interpretation rests on the general public filings alone.
The fragmentation drawback stays actual
Europe’s open information setting is best than most proptech founders assume. It’s also much more fragmented than it must be.
No unified European land registry exists, and no harmonized property transaction database spans the continent. EPC data age out, get outmoded, or change into inconsistent with out clear flagging within the dataset. Older buildings carry incomplete digital data, lacking flooring plans, or unreliable tackle matching.
Privateness guidelines add an additional layer of constraint. GDPR and nationwide land-register guidelines restrict entry to owner-level, id, and occupancy information. Proptech companies constructing mortgage instruments, possession merchandise, and tenant-screening programs function in a stricter compliance setting than analytics-only platforms.
Industrial information prices create an actual barrier for early-stage firms. Corporations needing licensed comparables, portal information, and business market benchmarks should clear a significant value threshold earlier than reaching enterprise-grade analytics. Protection corresponding to incumbents takes years to construct from scratch.
EU coverage is closing the hole quicker than firms count on
Two EU initiatives are shifting the info setting quicker than most firms deliberate for.
The Excessive-Worth Datasets Regulation has been opening geospatial, statistical, environmental, and company-ownership data throughout member states since June 2024. The EU Knowledge Act targets a unique drawback: information generated by related constructing merchandise, and its timeline stopped being theoretical months in the past.
Lifts, HVAC programs, good meters, and entry controls generate operational information always, and producers, not constructing house owners or operators, have traditionally held most of it. The Knowledge Act grew to become typically relevant in September 2025, giving constructing house owners and operators a proper to request operational information on demand. A more durable obligation arrives on September 12, 2026, when producers of newly positioned related merchandise should construct information entry into the product itself by default, by means of APIs or export features, fairly than ready for a request. For the elevator, HVAC, and access-control programs companies like WeMaintain instrument, the shift from access-on-request to access-by-default lowers the price of constructing new merchandise round gear information with out first negotiating a data-sharing settlement.
The duty solely covers “available uncooked and pre-processed information,” not the closely processed, higher-value outputs companies like WeMaintain and Drooms already promote, and producers retain large latitude to outline what counts as processed. Authorized analysts monitoring the rule count on the true combat to play out over the processed-versus-raw distinction, not over the September deadline itself. Producers should open the door, in different phrases, however they nonetheless get to determine the place uncooked information stops and their proprietary, higher-value layer begins.
The businesses constructing proprietary information stacks aren’t straightforward to catch, and 2025 and 2026 confirmed the price of making an attempt: an industrial acquirer took a majority stake in WeMaintain, a personal fairness agency did the identical at Drooms, and Casavo wanted a painful balance-sheet reset to maintain constructing. Clear, related property information protection doesn’t seem in a single day. It takes deliberate work, country-by-country relationships, and years of normalization effort. European regulatory frameworks are bettering the inspiration. No coverage will hand a startup a completed information pipeline. Corporations doing the arduous work of information meeting will outlast opponents with stronger merchandise however weaker pipelines, even when pipeline possession adjustments palms.
