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Who’s who on the Romanian PropTech startup market?

Romanian PropTech startup market
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Last week, we dived deep into the trends shaping up the Romanian PropTech market. Today we take a look at the startups and founders working to develop the different verticals, the pillars of future sustainable cities. From Bucharest to Cluj and Timisoara we map solutions like virtual tours, data management platforms, rental apps, and tools for monitoring the air, parking spots, or utility bills. 

AR and VR driven tours for digitizing spaces 

indexAR – is a Timisoara-based startup founded in 2015 by Razvan Boldis. This solution targets different markets, like events and product presentations, but also real estate developers. It uses AR to create virtual walkthroughs, so clients can browse their next home.

Bright Spaces – is a Bucharest-based startup co-founded in 2019 by Bogdan-Adrian Nicoara, Andrei Constantin, and Ciprian Pasca. Their solution is an interactive platform for clients to showcase office spaces digitally, aided by three design templates. The startup raised €1.5M to accelerate real estate digitalization in CEE

Apio Digital – is a Bucharest-based startup co-founded in 2020 by Alexei Adascalita and Bogdan Domide. Their solution aims to simulate living experiences using design and gamification to turn apartments into 3D homes for future buyers to experience. 

Data management platforms for property developers

Sigtree Technologies – is a Bucharest-based startup co-founded in 2018 by Vlad Costea, Octavian Cazangiu, and Razvan George Dumitru. Their solution connects property developers with customers through a digital marketplace. They are looking to close a €500K seed investment round to support 100 projects and target other developed markets. 

AiVA – is a Cluj-based startup founded in 2020 by Pushkar Chatterji. The CEO is originally from India, but he has international experience having worked for companies in Cluj, Romania and Stockholm, Sweden. This solution aims to create AI tools to monetize CCTV infrastructure by unlocking data that is collected but not used. 

Platforms and applications for property transactions

Milluu – is a Bucharest-based startup founded in 2017 by Florin Stoian. This solution offers a real-estate app dedicated to rentals. The tool connects B2B players with tenants based on an algorithm that matches preferences with properties.

GoTiny House is a Bucharest-based startup co-founded in 2019 by Vlad Albata. This solution comes with an international platform where tiny houses are sold around the globe and where members of the community can join forces and develop projects together. 

Nooka Space – is a company based in Ireland, founded in 2020, that Mocian Teodora, Alexandru Boghiu, and Adrian Chiruta brought to Romania. This solution comes with smart proximity office spaces for digital nomads or pods for people to work remotely in.

Pluria – is a Bucharest-based startup launched in 2020 by Andrei Cretu. This solution makes it available to book office space in different buildings from your phone. 

Romanian PropTech startup market

Management solutions for real estate players

VAUNT – is a Bucharest-based startup co-founded in 2017 by Irina-Alina Constantin and Razvan Mitre. They have built a SaaS management tool with statistics and reports for real estate businesses to save them time. The team aims to scale the startup in Central Europe and the US

The Mavers – is a Bucharest-based startup co-founded in 2020 by Alexandru Boghiu and Radu Gogoasa. Their solution – Mavers Analytics Technologies, employs data to help players make better real estate investments. 

Software and hardware tools for monitoring 

uRADMonitor – is a Timisoara-based startup founded in 2015 by Radu Motisan as a hybrid hardware-software innovation tool. It offers a global network of around 500 environmental monitors following the IoT topology to check air quality outside, at home, or in the office.

BOX2M – is a Bucharest-based startup launched in 2016 by Alexandru Gliga and Marian Macoveanu. Their solution is a SaaS and industrial IoT tool, both hardware and software, for office buildings to decrease energy and utilities bills and maintenance costs. 

Parking tools for smart cities

Parking Spotter – is a Cluj-based startup launched in 2016 by Ovidiu Ciurte and Mihai Gheorghe. It offers a solution to users looking for a parking spot and parking owners by analyzing video images from cameras installed inside parking areas. 

yeParking – is a Cluj-based startup launched in 2018 by Mihai Lodoaba. Their solution is to improve parking experiences by enabling parking spots owners to rent out their space when they aren’t using it.

Templates for interior design

Vivico – is a Bucharest-based startup co-founded in 2016 by Raluca Sinziana and Andrei Catinas. They have developed a platform where users can browse different interior design templates.

This is only the beginning of mapping out the PropTech startups in Romania. Please feel free to contact The Recursive Newsroom with updates or names we should add to the list → [email protected]

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Elena is an Innovation Reporter at The Recursive with 10+ years of experience as a freelance writer based in Bucharest, Romania. Her mission is to report internationally on the amazing progress of the local startup ecosystems while bringing into focus exponential projects developed in niches like health and education or by female entrepreneurs.