Latvian startup Giraffe360, a virtual tour technology builder, has secured a half million euros investment. It is the highest publicly known seed investment any Latvian startup has received this year.
Giraffe360 is a startup that builds virtual tour technology enabling the real estate industry to elevate property viewing into a virtual reality experience. The young company has been founded in 2015 in Latvia and developed 360 degree camera and software to view place virtual tours on the web, mobile and virtual reality headsets.
On July this year Giraffe360 launched the first camera prototype that was handed out for tests to first subscribers in London, Riga, Tallinn, Oslo and Tbilisi and the feedback is exactly as it was expected. The company’s goal is to change how real estate world works, how people find their homes, how brokers become digital artists.
The investment comes from private Estonian venture capital consortium led by the investment firm Koha Capital.
Mikus Opelts, Founder and CEO at Giraffe360: “It is a great milestone for Giraffe360 team and really important for our future success. We have earned the opportunity to get closer to our ambition in serving businesses in London, New York, Sidney, Tokyo and in the rest of the world. Our engineering and software innovations have been the basis for premium in quality and simple to use product for our clients.”