About

Ask Wire creates a comprehensive profile of each property across Europe by assembling data from a variety of sources, including government databases, European organizations, and high-resolution satellite images. With Ask Wire’s granular property profiles, customers can develop bespoke Solutions and access the information they need to create products and services connected to real estate, such as automating ESG reporting, gaining market insights on construction activity and prices, and monitoring environmental risk. Ask Wire offers both data-as-a-service (DaaS) and software-as-a-service (SaaS) options to our clients. In addition to providing access to our data and models, we also work closely with our clients to help them structure and reorganize their processes, develop new products and services, and create effective real estate strategies.

Solution & Product

Product: Ask Wire is building the digital profile of all properties across Europe. Solutions: - Real Estate Dynamics: ▪ First Sight: Market data for agents. ▪ Investor View: Benchmarking of portfolios & BI with market insights. ▪ Portfolio strategist: Platform for financial institutions to automate valuations and benchmark portfolios. - Environmental risks (SAGE) ▪ Mapping of physical sources of risk, e.g. floods, landslides, etc. ▪ Climate change data ▪ Reconstruction cost calculator - Lead Generation (EDGE) ▪ Identification of new construction initiation from satellite images ▪ Assesses rooftop solar energy potential, for push and pull marketing.

Innovation & Scalability

Large scale, accessible data is limited across the EU, with significant opportunities to target smaller institutions, SMEs, and retail clients. Large scale data aggregators are mostly active in the US due to the lack of standardisation and fragmentation of data across countries. Currently, in the Greek market, do not exist any competitive solutions that can provide this level of services. The creation of digital property profiles across Europe enables to identify and unlock opportunities, address regulatory reporting requirements, and automate decision making. More specifically, Ask Wire’s property profiles in conjunction with its innovative solutions offering enable to: - Access insights by segmenting the real estate submarkets, identifying new construction projects, and mapping-out new opportunities. - Automate real estate analytics through automated valuation models and property analysis to manage risk, identify opportunities, and optimise decision making processes. - Identify environmental risks and monitor such environmental, as well as climate-related risks to facilitate ESG reporting, compliance with EU’s climate-change stress tests, identify risks in insurance, and optimise pricing decisions. - Make informed decisions about energy investments and their impact on the environment, as well as assess the financial benefits of investing in solar energy, reduce their carbon footprint and promote sustainable practices.

Traction & achievements

- 04/21 - Pre-seed funding from HD360 (a subsidiary of Hellas Direct, a Greek online insurance company) - 09/21 - Cyprus SME Innovation Certificate - 02/22 - Seed funding of €1.0mln from Angels & HNW individuals - 06/22 - Best Fintech for Real Estate, Europe 2022” award from Pan Finance - 08/22 - DaaS Cyprus - 09/22 - Entry Greek (company) market - 10/22 - Recruitment of core team completed - 11/22 - SaaS Cyprus completed - 12/22 - €0.66mln revenue - 05/23 - DaaS and SaaS property profile Cyprus completion - 09/23 - DaaS and SaaS property profile Greece completion - 10/23 - Bridge round €770k - 11/23 - Won InnovX-BCR scale-up, Romania - 04/24 - Bridge round €555k

Team & Why Us

- Pavlos Loizou, CEO, 18 years’ real estate experience, across the UK, Romania, Greece, and Cyprus. Also, 10 years managing distressed real estate and setting up monetisation platforms. - Michael Skitsas, Head of Data Analytics, 15 years’ experience in data analytics and software engineering. Team leader in a number of European R&D program. PhD in Computer Engineering - Natalia Poursatip, Product Management, brings nearly a decade of experience in technology and design to her role as Product Manager at Ask Wire, where she focuses on delivering innovative, customer-driven solutions. - Kostas Christopoulos, Head of Engineering, 10+ years in software engineering. Former Tech Lead across fintech (Plum) and telecommunications, managing teams delivering scalable solutions. - Christina Ioannoum, Head of Sales, 10+ years in SaaS and client services. Former Strategic Partnerships Manager at Guesty, securing partnerships with Airbnb and Booking.com. Expertise in Salesforce and Gainsight, driving client services success.

Funding Needs

Contact us for more information about this aspect.