Pale Fire Capital has increased its stake in Valuo Technologies to 37.5%, a company specializing in real estate price estimation using extensive data analysis.

Target Information

Pale Fire Capital has increased its stake in Valuo Technologies to 37.5%. Founded in August 2017, Valuo Technologies specializes in real estate price estimation using extensive data analysis. Their primary focus is on developing tools that help real estate professionals—such as investors, agents, appraisers, legal experts, and financial advisors—make more accurate property valuations. Valuo's unique estimation process utilizes a variety of data sources, including land registry information, comparison of 8 to 10 similar properties in the vicinity, and a comprehensive analysis of market data processed by analysts.

The application offers users a clear view of sold properties in their area by displaying available photos and advertisements associated with previously sold real estate. This feature enables users to understand the market dynamics and visualize property conditions effectively.

Industry Overview

The real estate market in the Czech Republic experienced significant growth in 2021, marked by rapid changes and increased demand. This surge prompted innovative approaches in property valuation and d