With a software solution based on artificial intelligence, the startup Modoplus from Hamburg analyzes the development potential of real estate locations in real time. It has now received 550,000 euros in a pre-seed round to further develop the product and expand the team.
Finding suitable locations with development potential is still a big challenge for many players in the real estate industry. Modoplus enables them to determine inventory and potential data in real time, such as the current utilization of a site, the structural potential or even the solar potential on roofs and open spaces. An artificial intelligence system uses a large amount of geodata to draw conclusions about a property's development potential.