Giraffe360 secures $10 million in Series B funding to enhance its AI property media platform.
The London-based proptech company, which integrates a proprietary robotic camera with an AI software stack to generate a complete property media kit from a single visit, has completed its Series B funding round led by Cipio Partners.
The concept behind Giraffe360 is simple: one property visit should yield everything that a real estate agent or photographer requires to promote a listing. This encompasses HDR photography, a virtual tour, LiDAR-based floor plans in both 2D and 3D, video content, a property website, virtual staging, and social media assets, all created from one piece of hardware without the need for multiple visits, contractors, or a complex production process involving various providers.
Founded in 2016 in Riga, Latvia, by brothers Mikus and Madars Opelts, the London company has raised $10 million in a Series B round to further develop that platform.
The round was led by Cipio Partners, an investor focused on growth equity in B2B software and technology firms. All of Giraffe360’s key existing investors participated again, including Founders Fund, which led the company’s $16 million Series A in November 2022, as well as Hoxton Ventures, LAUNCHub Ventures, and Change Ventures.
The new funding will facilitate further enhancements of Giraffe360’s AI platform, expanded product features, and entry into new markets.
The company’s hardware consists of a robotic camera offered via subscription, providing agents and photographers access not only to the device but also to the AI processing software, cloud storage, and the automated media generation tools that support it. This platform utilizes more than 50 machine learning models for image stitching, floor plan measurement, staging, and content creation—tasks that typically require specialized post-production work.
The outcome is a shortened production timeline for property listings, which is crucial in markets where the speed of listing significantly impacts commercial value.
Giraffe360 competes in a market with a clear leader: Matterport, the US company that pioneered the 3D property tour sector, went public through SPAC in 2021 and was later acquired by CoStar Group.
Giraffe360 differentiates itself by producing a wider variety of media formats from a single capture compared to what a Matterport scan alone offers, and through its subscription model that combines hardware access, software, and support.
The company has clients in over 26 countries, including major enterprise clients like RE/MAX, CBRE, and BNP Paribas Real Estate, which were established in earlier funding rounds.
Mikus Opelts, CEO, characterized the funding round as a timely opportunity, saying, “Real estate marketing is shifting toward AI-powered, immersive, media-rich digital experiences." He described Giraffe360 as “constructing the infrastructure that supports this transition, from data capture to intelligent, automated marketing.”
The Series B round raises the total disclosed equity funding to around $32 million, excluding the $6 million in venture debt from Columbia Lake Partners acquired alongside the Series A.
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Giraffe360 secures $10 million in Series B funding to enhance its AI property media platform.
Giraffe360, the property technology company that merges a robotic camera with AI to create a complete property media kit from a single visit, has secured $10 million in Series B funding.
