# MERCURIO PLATFORM, S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mercurio-platform-s-l

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.restb.ai
- Total disclosed funding: $1.3M
- Latest round: Seed (May 15, 2017)
- Investors on record: 5

## About

MERCURIO PLATFORM, S.L. specializes in providing AI-driven computer vision solutions tailored for the real estate sector, enhancing property image analysis and automating essential processes for real estate professionals.Founded in 2015, MERCURIO PLATFORM, S.L. is based in Barcelona, Spain, and focuses on AI solutions for real estate image processing. The company has raised EUR 1.2 million across various funding rounds, with the latest being a Grant of EUR 1.7 million led by Horizon 2020 on June 1, 2018. Co-founders Angel Soto and Xavi Bonvehi have a strong background in technology and entrepreneurship.Restb.ai provides advanced AI and computer vision solutions specifically designed for the real estate sector. Their core product suite includes tools for property image analysis, which extract actionable insights from millions of property photos uploaded daily. These solutions help real estate professionals automate and enhance various processes such as valuation accuracy, property inspection, and marketing. Key functionalities include image tagging to classify property features, property condition analysis to assess quality based on images, and automatic generation of property descriptions to streamline listing processes. Restb.ai caters to a diverse clientele, including appraisal firms, iBuyers, real estate agents, and multiple listing services, operating primarily in North America and Europe.In the most recent fiscal year of 2023, Restb.ai generated revenue amounting to EUR 3,388,228.90, with an EBITDA of EUR 30,840,661.90. The company generates revenue through subscription-based models and partnerships with real estate companies and technology providers, offering tiered subscriptions for access to various functionalities such as automated property descriptions and visual similarity searches.MERCURIO PLATFORM, S.L. aims to expand its product offerings by developing new tools aimed at improving data analysis and reporting functionalities, with anticipated launches in late 2024. The company plans to target expansion into key markets in Asia and South America by mid-2025, leveraging recent funding from the EUR 1.7 million grant awarded in 2018 to enhance product development and market entry strategies.

## Funding rounds

- Seed, May 15, 2017, $1.3M — Tandem Capital, Lanta Digital Ventures, Capitana Venture Partners, Westcott Investment Group, Athos Capital

## Investors

- Tandem Capital (https://capitalatlas.ai/funds/tandem-capital) — Seed
- Lanta Digital Ventures (https://capitalatlas.ai/funds/lanta-digital-ventures) — Seed
- Capitana Venture Partners (https://capitalatlas.ai/funds/capitana-venture-partners) — Seed
- Westcott Investment Group (https://capitalatlas.ai/funds/westcott-investment-group) — Seed
- Athos Capital (https://capitalatlas.ai/funds/athos-capital) — Seed