Estate Intel
Estate Intel is a Lagos-based real estate data analytics platform operating Africa's largest proprietary database of historic property prices, vacancy rates, and project team data across eight African countries. It serves institutional investors, developers, governments, and contractors with reports, subscriptions, and bespoke research.
- Company typePrivate
- Founded2014
- HeadquartersLagos, Nigeria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Estate Intel does
Estate Intel is a Nigerian real estate data analytics platform, founded in 2014 and headquartered in Lagos, that operates eiDatabank — described as Africa's largest proprietary database of historic property prices, vacancy rates, and project team data. The database tracks 1,149,000 housing units, 6,971,000m² of office space, 4,830,000m² of retail space, 595,000m² of industrial space, and 651,000 hotel keys across Nigeria, Kenya, Ghana, Morocco, Egypt, Tanzania, Zambia, and Angola, spanning office, residential, retail, industrial, hospitality, healthcare, and data center sectors. On top of the database, the company runs Vesper (vesper.africa), an automated real estate advisor product, and publishes a catalog of off-the-shelf reports — Project Reports, Comp Reports, Pipeline Reports, and Premium Reports — that surface project-level detail (team members, size, exact location, status).
The business operates a hybrid go-to-market combining direct enterprise sales via its Capital Advisors Team (for bespoke research and multi-year custom engagements) with self-serve report purchases through its website. Revenue streams include one-time report licenses, recurring dataset subscriptions, bespoke professional services (Tailored Reports), and an advertising product (ei Ad Rate Card) targeting African real estate professionals. Pricing is not publicly disclosed; customers are funneled through a "Schedule a demo" or request-report flow. The customer base spans institutional investors, developers, governments, contractors, and individual property investors, with named users including Invictus Holdings, Odua Investment, Quick Shelter, Global PFI, MGE Realty, Palton Morgan, Dutum, Transcorp Hotels Plc, Agility Logistics Park, and HC Capital.
The company has raised approximately $610,000 in disclosed equity and grant funding ($10K in 2019, $500K pre-seed led by MetaProp in 2021, and up to $100K cash plus $200K in Google Cloud Credits via the Google Black Founders Fund in March 2022). Reported commercial outcomes include $2.75B in cumulative project value advised upon, a 96% stated customer satisfaction score, and a customer base of 120+ companies across 100+ tracked neighbourhoods. The firm also maintains a partnership with the Royal Institution of Chartered Surveyors (RICS) for credibility and professional referrals, and reaches its market through LinkedIn, Instagram, weekly email insights, and earned media in outlets such as Disrupt Africa.
Estate Intel firmographics
Firmographics- Name
- Estate Intel
- Legal name
- Estate Intel
- Website
- https://estateintel.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Estate Intel is a Lagos-based real estate data analytics platform operating Africa's largest proprietary database of historic property prices, vacancy rates, and project team data across eight African countries. It serves institutional investors, developers, governments, and contractors with reports, subscriptions, and bespoke research.
- Ownership category
- akta.pro rank
Estate Intel industry classification
Industry- Product category
- Real Estate Data & Analytics
- NAICS
- Offices of Real Estate Appraisers (53132), Portfolio Management and Investment Advice (523940), Information (51)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Data Analytics & Business Intelligence Services (BPAHALAC)
- akta.pro secondary industries
- Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Valuation & Appraisal Advisory (FSAEAJAI), Data Monetization & Data Products Services (BPAEAHAL)
Keywords
Where Estate Intel is headquartered
LocationHeadquarters
- HQ city
- Lagos
- HQ country
- Nigeria
- HQ region
- Africa
Offices1 record
Markets served
Estate Intel business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Off-the-shelf Reports: Pre-made research reports including project updates, comp reports, and pipeline reports sold on a one-time purchase basis
- Bespoke Research Services: Customized research reports tailored to specific client requirements through the Capital Advisors Team
- Dataset Access: Frequently updated rental, sale price, comparable and other data from the eiDatabank for market analysis
- Advertising: Advertising platform for businesses and real estate projects to gain visibility on the platform targeting Africa's most astute real estate professionals
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Off-the-shelf Reports |
| Other | Multi-year contract | Custom/Bespoke Research |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Estate Intel product offering
Product offeringCore offering
Estate Intel sells data and intelligence on African real estate through its eiDatabank, which tracks historic property prices, vacancy rates, and project team information across 8 African countries and multiple property sectors. It monetizes this data through off-the-shelf reports (Comp, Project, Pipeline, Premium), bespoke research services delivered by its Capital Advisors Team, subscription access to datasets, the Vesper automated real estate advisor, and an advertising platform.
Product overview
Estate Intel operates as a real estate data analytics platform offering a unified product portfolio centered on the eiDatabank - Africa's largest database of historic property prices, vacancy rates, and project team data. The core platform is complemented by Vesper, an automated real estate advisor, along with a suite of report products including Comp Reports, Project Reports, Pipeline Reports, and Premium Reports. The company also offers bespoke tailored research services through its Capital Advisors Team and advertising opportunities via the ei Ad Rate Card. All products work together to help institutional investors, governments, developers, contractors, and individuals understand African real estate markets and execute property investments with data-driven intelligence.
Differentiator
Problem solved
Functional benefit
Brands
- Vesper: Automated real estate advisor product developed by Estate Intel. Accessible at vesper.africa.
Products and services
- eiDatabank Africa's largest database of historic property prices, vacancy rates, and project team data covering residential, office, retail, industrial, hospitality, healthcare, and data center sectors across 8 African countries. Powers all other Estate Intel products and is also available as subscription dataset access.
- Vesper Automated real estate advisor that provides market insights and recommendations to help businesses and individuals make informed property investing decisions. Accessible at vesper.africa.
- Comp Reports Comparable analysis reports providing transaction comps and pricing data for real estate market assessment in African markets.
- Project Reports PDFs and Excel spreadsheets showing projects in the eiDatabank, including project team members, size, exact location, and status.
- Pipeline Reports Development pipeline activity reports analyzing upcoming projects across various real estate sectors and locations in Africa.
- Premium Reports In-depth research reports covering capital trends, market analysis, and sector-specific intelligence for African real estate markets.
- Tailored Research (Bespoke Reports) Custom bespoke research reports produced by the Capital Advisors Team to address specific research questions using the eiDatabank; clients engage directly for pricing.
- ei Ad Rate Card Advertising platform allowing businesses and real estate projects to gain visibility among Africa's real estate professionals on the Estate Intel platform.
Quantifiable outcome
- $2.75B worth of projects advised on
- +3 more outcomes
Companies that use Estate Intel
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
Estate Intel technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Estate Intel partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RICSminorRoyal Institution of Chartered Surveyors (RICS) partnership providing credibility and professional association for Estate Intel's research and data services.
Scale indicators7 records
Recent moves5 records
Expansion highlights5 records
Estate Intel competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield: Global commercial real estate services firm with African operations delivering research reports, market data, and valuation services. Comparable as a competitor for enterprise real estate intelligence spend across African markets.
- Knight Frank: Global real estate advisory and valuation firm with significant African operations. Comparable as an institutional-grade source of African real estate market intelligence and valuation, but operates as a broad incumbent rather than a data-first platform.
- CoStar Group: Dominant global commercial real estate data and analytics platform (CoStar, LoopNet, Apartments.com). The category leader whose entry into African markets would directly threaten Estate Intel's data moat.
- JLL (Jones Lang LaSalle): Global real estate services firm with African coverage providing research, valuation, and advisory. Overlaps with Estate Intel in serving institutional real estate decision-makers with market intelligence, but at much broader scope.
Emerging players
- GeoPhy: Data and analytics company providing AI-powered commercial real estate valuations. Comparable in product DNA (data-driven property valuation and analytics), though historically focused on US/European markets rather than Africa.
- Lamudi Africa: Emerging-markets real estate platform with presence across Africa and Asia. Comparable as a digital real estate marketplace and data aggregator targeting growth markets, though with broader listings focus.
- PropertyPro (formerly ToLet.com.ng): Nigerian property listings and data platform. Adjacent competitor in Nigerian real estate intelligence, though primarily listings-led rather than deep project/pipeline analytics like Estate Intel.
Regional players
- PrivateProperty South Africa: South Africa's leading property data and listings platform. Comparable as a regional real estate intelligence and data provider, but focused on South Africa rather than Estate Intel's pan-African coverage.
- EstateMaster (Lightstone): South African property data and analytics provider under Lightstone Group, offering valuations, market intelligence, and development pipeline data. Comparable as a regional real estate data/analytics peer, though primarily South African.
Direct peers
- HouseAfrica: Nigerian proptech providing property data, verification, and marketplace tools. Competes directly with Estate Intel in Nigeria by offering property intelligence to investors and developers, with a focus on title verification and listings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Estate Intel social profiles
Digital presenceEstate Intel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Estate Intel leadership team
Management profileNumber of profiles
Profiles1 record
Estate Intel funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Estate Intel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Estate Intel
What does Estate Intel do?
Estate Intel sells data and intelligence on African real estate through its eiDatabank, which tracks historic property prices, vacancy rates, and project team information across 8 African countries and multiple property sectors. It monetizes this data through off-the-shelf reports (Comp, Project, Pipeline, Premium), bespoke research services delivered by its Capital Advisors Team, subscription access to datasets, the Vesper automated real estate advisor, and an advertising platform.
Is Estate Intel a public or private company?
Estate Intel is a private company. It is classified as venture growth investor backed and is currently operating.
When was Estate Intel founded?
Estate Intel was founded in 2014. It employs 11 to 50 people.
Where is Estate Intel based?
Estate Intel is headquartered in Lagos, Nigeria, in the Africa region.
How does Estate Intel make money?
Four revenue lines are on record. Off-the-shelf Reports are the primary driver. The others are bespoke Research Services, dataset Access and advertising.
Who are Estate Intel's main competitors?
Broad incumbents on record are Cushman & Wakefield, Knight Frank, CoStar Group and JLL (Jones Lang LaSalle). Emerging players are GeoPhy, Lamudi Africa and PropertyPro (formerly ToLet.com.ng). Regional players are PrivateProperty South Africa and EstateMaster (Lightstone). HouseAfrica is listed as a direct peer.
Does Estate Intel have an API?
No public API is recorded for Estate Intel.
What industry is Estate Intel in?
Estate Intel's product category is Real Estate Data & Analytics. Its primary akta.pro industry code is BPAHALAC, Data Analytics & Business Intelligence Services, with a secondary code of BPAJANAA, Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation). Its NAICS code is 53132 and its SIC code is 6282.