Veltis

What Veltis does

Veltis Rating, S.L. is a Spanish fintech founded in 2013 and headquartered in Bilbao, operating as the first European agency specialized in real estate and climate risk rating. The company's core product is Terminal Veltis®, a SaaS platform integrated into the first European sectoral data space for real estate and climate risks (CRED-compliant under UNE-0080 and UNE-0087 standards). The platform is powered by a proprietary certified dataset of more than 10 billion references spanning physical risks, systemic risks, cadastral data, zonal risks, legal affections, and energy efficiency, and delivers products including Score Veltis Rating (RV, a 0–100 / AAA–D scoring system), Climate-ESG Risk Veltis®, Valuation Risk Veltis®, Sustainability AI, VELTIS® COPILOT, and Chat GPT-RE Veltis®.

Veltis generates revenue primarily through enterprise subscriptions to Terminal Veltis®, pay-as-you-go and bundled specialized climate and valuation reports, and project-based custom AI model development for clients such as Neinor, Grupo Lar, Tecnitasa/Servatas, and Indra. A freemium individual climate risk rating tool serves as lead generation. Distribution is largely direct enterprise field sales targeting banks, insurance companies, appraisal firms (tasadoras), real estate developers, investment funds, SOCIMIs, and public administrations, supplemented by channel partnerships with RE/MAX and standards alignment with RICS.

The company holds regulatory distinctions including ECAI recognition and selection for the first Sandbox by Banco de España, CNMV, and DGSS, and has received support from Lanzadera, INTERREG, and an equity investment from TECNALIA (Feb 2024). It participates in EU-funded projects such as RETIME (digital building twins, renovation passports, climate alerts in Portugal, Slovakia, and Estonia) and the European Smart Government project. Despite its small team of 1–10 employees, Veltis has built a niche institutional footprint positioned at the intersection of EU climate regulation, banking compliance, and real estate valuation.

Name

Veltis

Legal name

VELTIS RATING, S.L.

Website

https://veltisrating.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Veltis is the first European agency specialized in real estate and climate risk rating, offering a CRED-certified SaaS platform (Terminal Veltis®) and AI tools that serve banks, appraisers, developers, insurers, SOCIMIs, and public administrations across Europe.

Ownership category

akta.pro rank

Product category

Real Estate Risk and Climate Analytics Software

NAICS

Other Scientific and Technical Consulting Services (541690)

akta.pro primary industry

Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC)

akta.pro secondary industries

Adaptation & Resilience Planning Platforms (CAPEX Prioritization, Cost–Benefit, NBS) (EUABALAH), Real Estate ESG / Sustainability & Resilience Advisory (Decarbonization, Climate Risk) (BPAJANAI), Climate Risk Data & Benchmarking Services (Hazard Layers, Loss Databases, Indices/Scorecards) (EUABALAL)

Keywords

• Real estate risk rating
• Climate risk assessment
• Property valuation AI
• ESG risk analytics
• Real estate data space

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Platform Access (Terminal Veltis): Subscription-based access to the Terminal Veltis® SaaS platform providing climate risk data, AI analytics, and reporting capabilities for enterprise clients in banking, insurance, and real estate sectors.
2. Specialized Reports and Ratings: Advanced reports for analyzing physical, social, ESG, and climate sustainability risks including Climate-ESG Risk Veltis®, Physical Risk Reports, and Valuation-Risk Sustainability assessments.
3. AI Solutions and Consulting: AI-powered tools and solutions for real estate risk management, property valuation optimization, and climate risk integration for developers, appraisers, and investment managers.
4. Climate Risk Ratings: Free climate sustainability ratings generated for individual homeowners via the website, with potential upsell to comprehensive premium reports for banking and institutional clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Veltis provides AI-powered real estate and climate risk ratings through its Terminal Veltis® SaaS platform, integrated into the first European sectoral Real Estate Risk & Climate Data Space (CRED-certified, UNE-0080/0087 compliant). The platform delivers certified property risk scores, climate-ESG risk analytics, risk-adjusted valuations, and AI assistants for institutional clients in banking, insurance, real estate development, appraisal, and investment management, supported by a proprietary dataset of over 10 billion references.

Product overview

Veltis offers a unified platform architecture centered on the Terminal Veltis® SaaS, which serves as the gateway to its CRED-certified Real Estate Risk & Climate Data Space. The core products include the Score Veltis Rating (RV) for algorithmic property risk scoring, Climate-ESG Risk Veltis® and Valuation Risk Veltis® for climate-risk-adjusted valuations, and the certified DataSet Veltis® as the underlying data foundation. AI-powered offerings include VELTIS® COPILOT and Chat GPT-RE Veltis® as generative AI assistants, SUSTANIBILITY AI and VALUATION-RISK SUSTANIBILITY AI for ESG/sustainability analysis, and RETIME Solutions (Digital Building Twin, Building Renovation Passport, Alert System, Knowledge Hub) from the European RETIME project. Specialized reports round out the portfolio: Informe de Riesgos Climáticos Veltis® for climate risk, and physical risk reports.

Differentiator

Problem solved

Functional benefit

Brands

• Terminal Veltis®: SaaS platform in European Data Space (UNE-0087) with the largest real estate risk DataSet and AI solutions.
• REAL ESTATE RISK & CLIMATE DATA SPACE VELTIS®
• Climate-ESG Risk Veltis®
• Valuation Risk Veltis®
• SUSTANIBILITY AI
• VELTIS COPILOT
• Chat GPT-RE Veltis®

Products and services

• Terminal Veltis® Primary SaaS platform providing enterprise access to Veltis's CRED-certified Real Estate Risk & Climate Data Space with certified data quality (UNE-0080) and AI-powered solutions for climate and real estate risk management; targeted at banking, insurance, valuation, development, and investment fund clients.
• DataSet Veltis® Certified database with billions of records covering physical risks, systemic risks, cadastral data, zonal risks, legal affections, and energy efficiency; foundational data product enabling all AI-powered analytics and risk assessments.
• Score Veltis Rating (RV) Algorithmic property scoring system that evaluates real estate risk on a 0–100 numerical scale and AAA–D letter scale, integrating physical, climatic, environmental, and socioeconomic factors into comparable, objective property risk ratings.
• Climate-ESG Risk Veltis® AI-powered tool integrating climate data and fire/heat scenarios into real estate valuations; provides 65+ dynamic indicators with RCP 4.5/8.5 climate scenarios for strategic and defensible investment decisions.
• Valuation Risk Veltis® Risk-adjusted property valuation tool that quantifies how physical risks, climate factors, and sustainability affect real estate market value, generating valuations aligned with EU Taxonomy, Solvency II, and EBA requirements.
• Informe de Riesgos Climáticos Veltis® Climate risk report identifying exposure zones for climate-intensified hazards (fires, heat, flooding), backed by 65+ dynamic indicators and RCP 4.5/8.5 climate scenarios; targets banks, appraisers, and investors for regulatory compliance.
• VELTIS® COPILOT AI copilot for financial and real estate risk decision-making; provides AI-driven insights for real estate investment and risk management.
• Chat GPT-RE Veltis® Generative AI assistant for real estate risk analysis, sustainability assessment, and property value queries; enables natural language interaction with Veltis's datasets.
• VALUATION-RISK SUSTAINABILITY AI AI tool that quantifies the ROI of energy efficiency renovations on property market value, transforming decarbonization investment into direct market value improvement metrics.
• SUSTAINABILITY AI AI module evaluating property vulnerability to extreme climate events for preferential financing eligibility and insurance premium reduction.
• RETIME Solutions (Digital Building Twin, Building Renovation Passport, Alert System, Climate Resilience Knowledge Hub) Four AI solutions from the European RETIME project: (1) automated sensor-based IT alert system, (2) Digital Building Twin (DBT) for building vulnerability simulation, (3) Building Renovation Passport (BRP) for renovation tracking, (4) Climate Resilience Knowledge Hub & Decision Support Platform; piloted in Portugal, Slovakia, and Estonia.

Quantifiable outcome

• More than 10,000 million data references analyzed for climate and real estate risk assessment across Europe.
• +2 more outcomes

Named customers8 records

Segments10 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and minor.

• IndracoreStrategic or Co-development PartnerCollaboration on Smart Government project for European Public Administrations to provide real estate sector transparency through risk and rating analysis at autonomous community, province, city, and census tract levels.
• CRED (Centro de Regulación Documental - Ministerio para la Transformación Digital)flagshipStrategic or Co-development PartnerStrategic partner for the first European sectoral data space for real estate and climate risks. VELTIS operates within this CRED-compliant data space (UNE-0080/0087 standards) for certified quality data management.
• RICS (Royal Institution of Chartered Surveyors)coreStrategic or Co-development PartnerPartnership for standards alignment and professional certification. VELTIS methodologies follow RICS standards for property valuation and the first European master's program for real estate risk analysts.
• RE/MAXminorChannel Partner/ Reseller/ DistributorVELTIS & RE/MAX commercial partnership for real estate market distribution and valuation services.
• NeinorminorStrategic or Co-development PartnerAI model implementation project to improve investment decision-making in property development. Uses combined Neinor and VELTIS datasets for exploratory data analysis to achieve stable R2 and MAPE models.
• Tecnitasa / ServatasminorStrategic or Co-development PartnerAI model implementation for automated property valuation using market sample identification following ECO valuation standards and RICS methodology. Includes continuous model improvement through appraiser feedback.
• Grupo LarminorStrategic or Co-development PartnerAI model implementation for investment decision-making and shopping center management. Combines Grupo Lar dataset with VELTIS data for exploratory analysis and stable prediction models.
• Universidad Politécnica de MadridcoreStrategic or Co-development PartnerPartnership for the first European master's program to train the first real estate risk analysts (Real Estate Risk® Manager). Joint programs with the European Institute of Real Estate Risk Management for RISK®Management accreditation.
• CEPREDE (Centro de Predicción de Datos - Universidad Autónoma de Madrid)minorStrategic or Co-development PartnerResearch partner supporting Sandbox application with data prediction expertise. Collaborated on AI Trust Certificate development.
• CECA (Confederación Española de Cajas de Ahorros)minorStrategic or Co-development PartnerSupporting partner for Sandbox application providing banking sector perspective for property rating solution.
• European Union (RETIME Project)coreStrategic or Co-development PartnerEuropean Commission funded RETIME project (Urban Adaptation and Alert Solutions for a TIMEly (re)Action) developing AI solutions for building vulnerability identification, digital twins, and renovation passports across Portugal, Slovakia, and Estonia pilot areas.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Fathom: UK-based flood and climate risk analytics firm providing high-resolution hazard data and financial loss modeling used by banks, insurers, and governments in Europe.
• Descartes Underwriting: European parametric insurance platform using proprietary climate risk data and modeling to design property and natural catastrophe coverage for insurers and corporates.
• Reask: Specialty catastrophe and climate analytics provider focused on probabilistic hazard modeling and asset-level loss estimates for insurance and reinsurance clients across Europe and Australia.

Broad incumbents

• Munich Re (NatCat Solutions): Global reinsurer's NatCat and climate analytics division, providing hazard layers, loss databases, and risk scores to insurers and public-sector clients across Europe.
• Moody's Climate Solutions (RMS): Risk Management Solutions catastrophe and climate models integrated with Moody's ratings franchise, serving insurance and banking clients with location-level peril and climate analytics that compete with Veltis's risk scoring.
• MSCI: Global index/analytics firm whose MSCI Climate Risk and Real Estate Analytics products serve the same institutional investor, REIT, and bank clients that Veltis targets, using overlapping datasets and physical risk scoring methodologies across Europe.
• S&P Global (The Climate Service): S&P's Climate Service acquisition and Trucost products deliver physical and transition climate analytics to banks and investors, an embedded incumbent offering for the same EU Taxonomy and TCFD reporting demand Veltis addresses.

Direct peers

• Jupiter Intelligence: US-based climate risk analytics firm offering asset-level physical risk scoring, climate scenario modeling, and APIs to banks, insurers, and governments, directly comparable to Veltis's Terminal Veltis capabilities.
• Cervest: Climate intelligence platform built around asset- and location-level climate risk scoring for real estate, infrastructure, and corporate assets, with shared customer segments in banking and asset management in Europe.
• Climate X: UK-based climate risk analytics platform providing asset- and location-level physical and transition risk scoring for real estate, banks, and insurers; the closest direct product-and-customer overlap with Veltis in Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/veltis_spain
• YouTubeyoutube.com/channel/UCqC8eNgIM5L0rj8Qa-OH0Hw
• LinkedInlinkedin.com/company/veltis-rating

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veltis