Giraffe360 Raises $10M Series B Financing to Support Scaling Plans

Giraffe360 secures $10 million in Series B funding to scale its AI-powered digital twins and automated marketing tools for global real estate.

Giraffe360 recently raised $10 million (£7.5 million) in a series B funding round led by Cipio Partners, with participation from all existing investors such as Founders Fund, Hoxton Ventures, LAUNCHub Ventures, and Change Ventures. The company, founded in 2018 in Riga, Latvia, by brothers Mikus and Madars Opelts, stated the new capital would support AI platform development, product expansion, and market growth.

Furthermore, the Series B brings total disclosed equity funding to nearly $32 million, excluding the $6 million venture debt from Columbia Lake Partners that was secured alongside the Series A. Giraffe360’s core focus is on transforming the presentation and marketing of real estate properties globally. It offers proprietary hardware along with AI-powered software solutions that target photographers and real estate agents as the primary buyers. The company envisions both these categories being able to generate everything required to market a listing from a single property visit, thereby growing their business. To this effect, its offerings include HDR photography, a virtual tour, LiDAR-based 2D and 3D floor plans, video content, property websites, virtual staging, and social media assets.

Moreover, according to the CEO of Giraffe360, Mikus Opelts, “This financing allows us to accelerate our vision at a pivotal moment for the industry, as real estate marketing shifts toward AI-powered, immersive, media-rich digital experiences. Giraffe360 is building the infrastructure powering this transition - from data capture to intelligent, automated marketing.”

At the same time, Cipio Partners Principal Nils Matthies concurred with Opelts and noted, “Led by outstanding entrepreneurs who have proven their vision and execution capabilities, the company is well positioned to become a category leader in digital real estate marketing.”  CIO Bulletin views this latest development as contributing to the operational growth of the London-based company, having offices in Manchester, Riga, Leipāja, and Miami, through the expansion of product capabilities across existing and new markets.