BeiT

BeiT is a Prop Tech startup based in the Czech Republic, founded in 2016. The company offers a comprehensive digital management solution for residential real estate. Recognized as a TOP 10 PropTech by Urban Tech Forward and a Real Estate Innovator by KPMG, BeiT aims to streamline property and facility management processes through digitization and automation. The startup's all-in-one solution facilitates efficient management of residential buildings by centralizing core processes and enabling tenants to potentially save up to 30% on utility bills through real-time energy tracking and optimization tools. Additionally, BeiT digitizes transaction management within buildings and serves as a single source of information for housing finances, administration, planning, and maintenance. Notably, BeiT integrates a wide range of IoT devices for remote utility management, providing a Software as a Service (SaaS) platform with automated accounting and billing features, as well as a user-friendly mobile application. The scalable system is adaptable to various building types and ages globally, with the capability to comply with local legislation in European countries. Moreover, the company offers an open API for seamless integration with additional assets and service management solutions. The latest investment, a non-equity assistance investment received by BeiT on November 9, 2021, underscores investor confidence in the startup's innovative approach to digitalizing residential real estate management. This injection of capital will likely bolster the company's efforts to expand its market reach and enhance its technological capabilities.