06.10.2023
Ask Wire, a real estate data analytics company specializing in the Cypriot and Greek markets, has announced the completion of a new round of funding. The latest round attracted participation from both existing and new investors, highlighting strong confidence in the company’s innovative products and growth path.
Ask Wire uses data from open sources, government and European databases, and high-resolution satellite imagery to create an innovative and unified platform that creates a comprehensive profile of every property across Europe. Ask concept Wire on increasing transparency has resonated with users and investors from Cyprus, Europe and the US.
Ask Company Wire, founded almost three years ago, has developed comprehensive software and data solutions tailored to the unique real estate environment in Cyprus and Greece. These include:
● Real Estate Dynamics (RED): An intelligent market analysis tool that provides information on transactions, asking prices, new construction and time on market to help banks, investors and real estate brokers make decisions. RED provides data on over 140,000 transactions and 22,000 asking prices throughout Cyprus, which is updated daily. In Greece, RED provides data on 200,000 transactions and 450,000 asking prices, which are also updated daily.
● Natural and environmental risk data: analytics designed specifically for risk assessment and used by insurance companies. This includes data on earthquakes, fires, floods, landslides, etc., as well as demographic and crime data.
● Lead Generation: A leading solution that identifies trends in urban development and demographics, helping businesses identify opportunities to target customers, make strategic investments and more. The company has also developed customer acquisition tools for photovoltaic system sellers and installers, as well as for homeowners looking to improve the energy efficiency of their homes.
Ask Wire has attracted large clients such as the Cyprus government, banks, problem loan management companies and insurance companies. The company plans to use the new funding to further develop its services and strengthen its position in the sector.
