search

With houser.lu, we monitor every property, every day allowing users to compare properties with other similar properties to see if they are good value, and see any price changes the owner has made since the property went on the market. With HouserLOOP for banks and real-estate agents, we generate professional reports with an accurate, objective valuation using an algorithm developed by LISER, a government-backed research institute. We can evaluate individual properties to help banks streamline the loan creation process and give quicker responses to their customers, and we also evaluate entire portfolios, allowing banks to evaluate and mitigate the risks from their real-estate portfolios.

Luxinnovation spoke with the founders of Houser, a start-up of the very first Fit 4 Start edition in 2015:

What was you start-up’s biggest achievement?

We successfully ran a Proof-of-Concept of the HouserLOOP platform with a leading retail bank in Luxembourg. Six retail branches trialled the software over a 4-month period with positive feedback. The HouserLOOP valuation algorithm was compared to the bank’s real-estate experts’ reports with very positive results regarding accuracy and suitability.

Name 3 things you learned during Fit 4 Start?

  • How to apply the Lean Canvas methodology to our business and allow us to pivot from B2C to B2B
  • How to leverage lean marketing to use a small marketing budget to have a big impact, and how to monitor a campaign’s success
  • The importance of funding and cashflow to your company’s success

Looking back, how did Fit 4 Start help you to get your start-up to where it is today?

Fit4Start allowed us to step back from our day-to-day development work and focus on the company strategy and identify concrete steps to get to where we wanted to go. By focusing on challenging your assumptions early, and speaking to potential customers, Fit4Start helped us to get into markets that we had previously considered as ‘too hard’.

What are the upcoming challenges for your start-up?

To onboard banks onto the HouserLOOP platform. To expand the user-base of houser.lu and leverage and monetise the technology we’ve already developed.

Tips and tricks of an entrepreneur:

“Raise money even when you might think you’re well-funded, rather than waiting until you absolutely need to, as it then becomes much harder”

 

Name: Heico SARL (AKA Houser)

CEO: Kevin Colgan (stand-in, pending company sale)

Founding date: April 2014

Registered office: 145 Rue Cents, L1419, Luxembourg

Contact email: info@houser.lu

Website: www.houser.lu

Social Media: Twitter, Facebook, LinkedIn

Read more

Mission accomplished for Luxembourg at VivaTechnology

22-05-2019

With a 40 m2 national pavilion, Luxembourg attracted many entrepreneurs interested in the country's innovation ecosystem during the VivaTechnology exhibition, held in Paris from 16 to 18 May. The eight exhibiting Luxembourg start-ups present on the stand also received interesting visits.
Read more

Publication of the 2018 Luxinnovation Annual Report

07-05-2019

Luxinnovation, the national agency for the promotion of innovation, has just published its annual report for 2018: a year marked by the refinement of the agency's general strategy, more than ever at the service of Luxembourg companies, whatever their size, to support them in their innovation efforts.
Read more

Fit 4 Start #8 is well and truly underway

05-04-2019

The names of the 10 start-ups that will participate in the 8th edition of Fit 4 Start are now known. 50 entrepreneurs from all over the world came to promote their project during Pitching and Graduation Day, which took place on Thursday 28 March at Kinepolis in Kirchberg.
Read more

Fit 4 Start: First time appearance for HealthTech

15-03-2019

The 7th edition of Luxinnovation’s coaching programme had a new look and feel about it. For the first time since its launch, five start-ups from the health technologies sector were selected, on top of the ten selected from the ICT sector.
Read more

Salonkee raises €1 million from Luxembourg investors

21-01-2019

The start-up specialising in online appointments for hairdressers and beauty salons closed its first round in mid-January, bringing together exclusively Luxembourg investors.
Read more

All news

Close