Nigeria - Startup under 3 years old

Describe your project or startup in a few words

ProptVerse is a decentralised property management marketplace for residential and commercial property that leverages AI, blockchain technology and geospatial technology to enhance a transparent, secured and efficient ecosystem.

01.01 Describe your startup in more detail

Traditional property management faces challenges such as inefficient processes, lack of data-driven insights, and limited visibility into property performance. ProptVerse identified these pain points and envisioned a decentralized platform that leverages AI, blockchain, and geospatial technology to optimize property management operations, enhance decision-making, and unlock new value for stakeholders.

01.02 What is the main problem you are trying to solve?

ProptVerse aims to solve the inefficiencies and lack of transparency inherent in traditional property management practices. Current methods are often manual, time-consuming, and error-prone, leading to increased costs and decreased operational efficiency. Moreover, there is a lack of transparency in property transactions, which can lead to disputes and mistrust among stakeholders. ProptVerse addresses these challenges by leveraging AI, blockchain, and geospatial technology to automate processes, ensure secure and transparent transactions, and provide advanced spatial insights. By doing so, we aim to streamline property management, reduce costs, and enhance the overall experience for property owners, managers, and tenants alike.

01.03 Tell us the major benefits and/or advantages of using the product/service that your startup provides (at least 3).

ProptVerse offers three major benefits that revolutionize property management: 1. Efficiency and Automation: Our platform leverages AI to automate routine tasks such as rent collection, maintenance scheduling, and tenant screening, reducing administrative burdens and increasing operational efficiency. 2. Transparency and Security: Utilizing blockchain technology, ProptVerse ensures secure, immutable records of property transactions and agreements. This enhances transparency and builds trust among property owners, managers, and tenants. 3. Advanced Insights: By integrating geospatial technology, our platform provides detailed mapping and spatial analysis, enabling better property planning, management, and development decisions. This results in optimized property use and increased value. Together, these benefits streamline property management processes, enhance security, and offer valuable insights, making ProptVerse a game-changer in the real estate industry.

01.04 Please describe who exactly your startup’s product/service is aimed at serving. Who are the targeted beneficiaries?

Our decentralized property management platform is aimed at serving property owners, real estate firms and businesses requiring space management.

01.05 When was your company established?

2023-07-24

01.06 Are you already selling your product/service?

No

01.07 How many other owners are there within your startup?

3

01.08 Among the other owners, how many are female?

0

01.09 Please describe the profile of the other owners within your startup (skills, experience, etc.)

The founding team of ProptVerse comprises individuals with diverse skills and extensive experience in technology, real estate, and business development: 1. CEO: A seasoned entrepreneur with over 15 years of experience in real estate and technology startups. Skilled in strategic vision, business development, and leadership. 2. CTO: An expert in blockchain technology and AI, with a decade of experience in developing innovative solutions. Proficient in technical architecture, software development, and emerging technologies. 3. COO: Brings extensive experience in property management and operations. Strong in optimizing business processes, customer relations, and team management. 4. Lead Geospatial Analyst: Specializes in geospatial technology applications in real estate. Has a background in spatial analysis, mapping, and GIS software development. Together, our team combines technical expertise with deep industry knowledge, ensuring ProptVerse is well-positioned to inno

01.10 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link(s) here:

https://www.linkedin.com/company/proptverse/

01.11 Which industry best describes your project?

k) Property (real estate)

02.01.01 My startup contributes to the No poverty goal

7 - Strongly Agree

02.01.02 No poverty - Justification for my startup

ProptVerse can provide affordable and transparent property management solutions, helping to reduce costs for property owners and tenants

02.02.01 My startup contributes to the Zero hunger goal

5

02.02.02 Zero hunger - Justification for my startup

While indirectly related, efficient property management can contribute to stable living conditions, potentially freeing up resources for other needs.

02.03.01 My startup contributes to the Good health and well-being goal

7 - Strongly Agree

02.03.02 Good health and well-being - Justification for my startup

Ensuring safe and secure living environments through transparent property management contributes to community health and well-being.

02.04.01 My startup contributes to the Quality education goal

7 - Strongly Agree

02.04.02 Quality education - Justification for my startup

Partnering with educational institutions to provide training and internships in property management and technology.

02.05.01 My startup contributes to the Gender equality goal

7 - Strongly Agree

02.05.02 Gender equality - Justification for my startup

Actively promoting gender equality in hiring and management practices.

02.06.01 My startup contributes to the Clean water and sanitation goal

1 - Strongly Disagree

02.06.02 Clean water and sanitation - Justification for my startup

Nill

02.07.01 My startup contributes to the Affordable and clean energy goal

1 - Strongly Disagree

02.07.02 Affordable and clean energy - Justification for my startup

Nill

02.08.01 My startup contributes to the Decent work and economic growth

4

02.08.02 Decent work and economic growth - Justification for my startup

Nill

02.09.01 My startup contributes to the Industry innovation and infrastructure

7 - Strongly Agree

02.09.02 Industry innovation and infrastructure - Justification for my startup

ProptVerse is dedicated to transforming the property management industry through innovative technologies and solutions. Here’s how our startup contributes to industry innovation and infrastructure: Innovation in Property Management ProptVerse leverages advanced technologies to innovate and streamline property management processes: - AI-driven Automation:** ProptVerse automates routine tasks such as rent collection, maintenance scheduling, and tenant screening using artificial intelligence. This significantly reduces administrative burdens and operational costs for property owners and managers. - Blockchain for Transparency: We utilize blockchain technology to ensure secure, transparent, and immutable records of property transactions, ownership, and agreements. This enhances trust among stakeholders and reduce -Geospatial Technology: Our platform incorporates geospatial technology to provide detailed mapping, spatial analysis, and location-based insights. This enables better pr

02.10.01 My startup contributes to the Reduced inequalities goal

7 - Strongly Agree

02.10.02 Reduced inequalities - Justification for my startup

ProptVerse is committed to addressing reduced inequalities within the property management industry through several key initiatives: 1. **Equal Access to Services:** - We strive to ensure equal access to our platform for property owners, managers, and tenants regardless of their background or financial status. - By providing affordable and transparent property management solutions, we aim to level the playing field and reduce inequalities in property management access and services. 2. **Fair and Transparent Practices:** - ProptVerse promotes fair and transparent practices in property management, including unbiased tenant screening and equitable treatment of all stakeholders. - Our use of blockchain technology ensures secure and transparent property transactions, reducing the risk of discrimination or unfair treatment. 3. Empowering Underrepresented Communities: - We actively seek to empower underrepresented communities, including minority-owned businesses and margi

02.11.01 My startup contributes to the Sustainable cities and communities goal

7 - Strongly Agree

02.11.02 Sustainable cities and communities - Justification for my startup

ProptVerse promotes sustainable cities and communities by leveraging AI, blockchain, and geospatial technology to enhance property management. We optimize resource use, support smart infrastructure development, and promote green building practices. Our platform fosters inclusive and safe spaces, engages with local communities, and supports local economies through partnerships. ProptVerse advocates for sustainable policies and aims to set industry standards for transparent, efficient, and resilient urban development.

02.12.01 My startup contributes to the Responsible consumption and production goal

4

02.12.02 Responsible consumption and production - Justification for my startup

Nill

02.13.01 My startup contributes to the Climate action goal

3

02.13.02 Climate action - Justification for my startup

Nill

02.14.01 My startup contributes to the Life below water goal

3

02.14.02 Life below water - Justification for my startup

Nill

02.15.01 My startup contributes to the Life on land goal

7 - Strongly Agree

02.15.02 Life on land - Justification for my startup

ProptVerse contributes to the preservation of life on land through sustainable property management practices: 1. Environmental Impact Reduction: We promote green building practices and energy efficiency, reducing the environmental footprint of properties we manage. 2. Natural Resource Management: Using geospatial technology, we optimize land use and support sustainable land development. 3. Biodiversity Conservation: ProptVerse advocates for and supports green spaces and wildlife habitats within urban areas. 4. Community Education: We raise awareness about environmental conservation and sustainable land practices among our stakeholders.

02.16.01 My startup contributes to the Peace Justice and Strong Institutions goal

4

02.16.02 Peace Justice and Strong Institutions- Justification for my startup

Nill

02.17.01 My startup contributes to the Partnerships for the goal

7 - Strongly Agree

02.17.02 Partnerships for the goal - Justification for my startup

ProptVerse actively supports partnerships for the Sustainable Development Goals (SDGs) through collaboration and engagement: 1. Industry Collaboration: We partner with real estate firms, technology providers, and community organizations to promote sustainable property management practices. 2. Stakeholder Engagement: ProptVerse engages with stakeholders including property owners, tenants, and local communities to foster transparent and inclusive decision-making processes. 3. Policy Advocacy: We advocate for policies that promote sustainable urban development, transparency, and resilience within the property management sector. 4. **Global Impact:** By aligning our operations with the SDGs, ProptVerse contributes to global efforts to achieve sustainable cities and communities, ensuring our practices are in line with international standards

06.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.

1 - Strongly Disagree

06.02 The product/service represents an entirely new type of product/service.

7 - Strongly Agree

06.03 The product/service could be described as a new technology.

7 - Strongly Agree

06.04 The product/service is an improvement on an existing product or service.

7 - Strongly Agree

06.05 The product/service could be described as an extension of a range of products or services.

7 - Strongly Agree

06.06 The product/service responds to a demand or need that has not been satisfied by other products/services.

7 - Strongly Agree

06.07 The product/service is a new version of an old product/service.

1 - Strongly Disagree

06.08 Justification for my startup

Nill

06.09 Competitive Analysis

Rent.smallsmall.com Venco.africa Spleet.africa

11.05 Are you initiating actions within your community to promote the role of female entrepreneurs?

Yes, ProptVerse is actively promoting the role of female entrepreneurs within our community through several initiatives: 1. Mentorship Programs: - Offering mentorship from experienced female leaders. - Hosting networking events for women in tech and real estate. 2. Educational Workshops and Webinars: - Providing workshops on technical skills like coding, AI, and blockchain. - Conducting business development sessions on topics like fundraising and marketing. 3. Partnerships with Female-Focused Organizations: - Partnering with women’s business networks. - Sponsoring events and competitions for female entrepreneurs. 4. Inclusive Hiring Practices: - Implementing diverse hiring policies. - Creating a supportive work environment for career advancement. 5. **Community Outreach and Advocacy:** - Participating in panels and conferences to advocate for gender equality. - Engaging with local schools and communities to introduce young girls to tec