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Estate Intel | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Venture capital, Grants, Seed funding, Accelerator/Incubator
Number of Funding Phases
3
Business Type
Private Company

All you need to know about Estate Intel

Estate Intel is a Nigerian real estate technology company that provides comprehensive data and analytics for the real estate market across Africa. Founded in 2014 by Dolapo Omidire, the company aims to improve transparency and efficiency in the real estate sector by offering detailed market intelligence.

Estate Intel aggregates data on various real estate segments, including residential, commercial, and retail properties. They provide insights into market trends, property values, rental prices, and ongoing projects. Their platform serves real estate developers, investors, and professionals by offering tools such as interactive dashboards, automated advisory services, and educational resources.

The company has introduced a new tool called Vesper, which is currently in public beta. Vesper is an automated advisor that helps everyday Africans make informed property investments by providing quick and accurate property value estimates.

According to Disrupt Africa, Estate Intel has secured funding from Google for Startups and MetaProp in 2022. They are $100,000 and $500,000, respectively.

"The funding we received has allowed us to expand our data coverage to new cities like Nairobi, Abidjan, Lusaka, and Casablanca, in addition to the cities in Nigeria and Ghana where we are already active," said Dolapo Omidire, founder and CEO of Estate Intel.

"We are particularly excited about the support from Google Cloud for our real estate dashboards, mapping, and Vesper. Our goal is to use data and insights to make it easier for real estate and construction companies in Africa to succeed."

Our Mission

To leverage data and technology to provide actionable insights that empower stakeholders in the African real estate market to make informed decisions.

Our Vision

To be the leading source of real estate intelligence in Africa, facilitating transparency and growth in the sector.

Core Values at Estate Intel

  1. Customer/Colleague Empathy: The ability to put yourself in the position of your customer/colleague to feel their needs, wants and challenges to serve them better, work closer and do the right thing.
  2. Communication: Maintaining constant communication with the customer through good and bad, while continuously sharing ideas, suggestions and feedback with your colleagues.
  3. Curiosity: An enthusiastic desire to explore the unknown and grow knowledge base to constantly thrive personally and professionally.

Our Services

Estate Intel offers a range of services focused on providing data and insights for the real estate industry. These include:

  • Market Intelligence Reports: Detailed reports on real estate trends, property values, rental prices, and market dynamics.
  • Interactive Dashboards: Tools that allow users to visualize and analyze real estate data across different regions and property types.
  • Automated Advisory Services: AI-driven solutions like Vesper, which provide investment advice and property valuations.
  • Educational Resources: Training and support materials for real estate professionals to stay updated on market trends and best practices.
  • Subscription Services: Access to premium data and insights through subscription models tailored for businesses and individual professionals.

Our Business Model at Estate Intel

Estate Intel operates on a subscription-based business model, providing access to its data and insights platform through various subscription plans. These plans cater to different client needs, from individual professionals to large enterprises.

Revenue is generated from these subscriptions, offering clients continuous access to updated market intelligence and analytical tools.

Additionally, the company provides customized reports and consulting services, adding another revenue stream. They ensure its clients receive accurate and timely information, enhancing their decision-making processes in the real estate market.

Company Co-founders
Umar Faruq Akinwunmi
Dolapo Omidire

Estate Intel
Business Model

The Company major services and product include: Real Estate, Business/Productivity Software

The Company was Founded
The Company was established on
June 21, 2014
HeadQuarters
The Company has its Operational Headquarters at Victoria Island, Lagos
Industry
The Company is contributing to the development of the Industry Real Estate
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Estate Intel Business Model

The Company major services and product include: Real Estate, Business/Productivity Software

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
0K
Company Net worth as of 2023

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