Fifth Dimension AI Ranked Among Top UK Real Estate Tech Startups
We're excited to share some fantastic news: Fifth Dimension AI has been recognised as one of the top Real Estate tech startups in the UK (and the highest placed Pre-Seed startup) - securing joint 7th place in SeedTable's "69 PropTech & Real Estate Startups in UK to Watch in 2024."
As if that wasn’t enough, we outranked the next closest Pre-Seed startup in the list by a whopping 10 points🏅
Understanding the SeedTable Score
SeedTable's ranking is based on their proprietary SeedTable Score, and uses qual and quant data points to signal the momentum behind a company. This high ranking reflects the meaningful impact of our product, and shows just how quickly we've made a difference in the industry.
What Sets Us Apart
At Fifth Dimension AI, we're not just another cutting edge tech company looking for a problem to solve - instead, we're a team of tech and property experts creating AI solutions specifically for the real estate industry’s problems.
Our AI tool, "Ellie," has quickly become an indispensable part of our clients' teams. Why? Because she's versatile, adaptive, seamlessly integrates into their existing workflows, and let’s them automate the boring so they can focus on what’s important.
Some impressive recent use cases include:
1. Commercial lease abstractions into custom templates
2. Turning notes into comprehensive Investment Committee Memos
3. Analysis of development agreements to identify risks and critical clauses
4. ESG compliance monitoring
5. Filling out due diligence questionnaires for investment opportunities
and so much more!
But don't just take our word for it! Here's what our customers have to say:
"Having access to Ellie means I can focus on more rewarding jobs like meeting customers face to face, business development and seeing our stock." - Anthony Garnham, Surveyor, Hamptons
"Ellie helps me create 7000 word reports each month after providing her with a few bullet points. What would take me a few days to draft, takes me 5 minutes." - Seb Verity, Head of Research, Allsop
Our Secret Sauce: Expertise and Innovation
Our success is driven by our founders' unique blend of expertise 🤓. Dr. Kate Jarvis brings cutting-edge AI knowledge, with a Linguistics PhD from Stanford and 12 years designing and delivering Machine Learning-powered products across the US and UK tech scenes. Johnny Morris powers up that tech-spertise with 16 years in the real estate industry, including leadership roles at Wayhome and Countrywide. Together with their team, they're pioneering innovative AI solutions tailored for the real estate sector - and they’re just getting started.
Rapid Growth and Traction
Since launching last October, we've rapidly grown our customer base into double digits, with Ellie the AI partner involved in 1000s of tasks to date. We're seeing incredible month-on-month usage gains across all our clients, with 43% increase in activity from June to July - even the summer holidays can’t keep our users away 😎.
Our July usage leaderboard also showed our longest-standing client and our most recent addition occupying the top two spots, demonstrating our product’s enduring value across our customer base. Once they experience the magic, customers can’t go back to how it was before Ellie joined their team!
We've seen professionals from every corner of the real estate world embrace our product. Whether they’re in commercial or residential property, an estate agent or a developer, part of the Marketing or Investment team - Ellie's here to help. It just goes to show that no matter your niche in real estate, we've got the solution to your problems.
Backed by Top Investors
Our potential hasn't gone unnoticed by the venture capital world, with backing from respected names like Seedcamp, Love Ventures and Anthemis.
When they joined our Pre-Seed round, Seedcamp's Managing Partner Carlos Espinal said "with their wealth of expertise across AI, Real Estate, and Finance, [this is] a world-class founding team taking on a massive opportunity to innovate the real estate industry. We love their emphasis on the human element, i.e. enabling real estate professionals to fully leverage their talent and knowledge, and thus focus on high-impact activities that create more business value" - a vision we continue to fulfill every day.
What's Next?
This recognition fuels our motivation to push boundaries and help even more real estate professionals free up their time from mundane tasks. We're committed to continually improving our AI solutions and expanding our reach within the industry.
To our existing clients and partners: thank you for your trust and collaboration, we’re so excited to be on this journey with you 🛣️
To everyone else: we’d love to discuss how Ellie can become your team's new favourite colleague!
