"Innovative service provider category: digital & phygital
Gold winner : MYRE
MYRE processes, analyzes and projects all property operational, financial and legal data throughout the asset's ownership cycle, providing a global, reliable and real-time view of real estate portfolios."
"When a developer writes code, Copilot suggests what to do next, based on the code already written and the files open in parallel. I wouldn't venture to estimate the productivity gain, but it is real" Adrien Boullé, Head of Engineering at MYRE.
Mr. Boullé wonders if, one day, for computer scientists, "it will be 'enough' to be able to interact with the AI to make it 'understand' our intention, so that it implements it [develops it] itself. But he adds, "The quotation marks are important: we should definitely not imagine that there is some kind of intelligence that interprets and understands."
"MYRE has devised an algorithmic management tool to easily manage all the data of a commercial real estate asset in real time, at all stages of its life cycle. "The collaborative application makes it possible to model, centralize, analyze and project the data collected and to set up differentiated access rights according to each user profile: banker, lawyer, property manager..."
After three fundraisings for a financing of more than €12M, MYRE integrates more than 25,000,000 m² in France and Europe and supports 50 clients. "Next step: setting up our activities in the UK and Germany."
"Back in 2016, she founded Myre, a start-up specialising in data management for asset managers. Before that, she worked for twenty years in real estate and corporate finance. For example, she was CFO of Beacon Capital Partners, one of the largest US real estate investment funds. [...] As proof of this, six years after its creation, her startup already has 40 employees and has raised three times the amount of money. Not content with her company, she has also created the association 17% with four other women: Anne Genot, Caroline Devalet, Cécile Hickel and Karine Cohen-Scali.
"Sylvain Baré has joined Myre as chief product officer. Prior to joining the structure, he had held the positions of managing director of the property management company Bazin, regional director Île-de-France and member of the executive committee of the property administrator Sergic, and managing director of Cassiopae."
"Sylvain Baré joins MYRE, a proptech startup, as Chief Product Officer, member of the operational committee and minority shareholder With 30 years of experience in real estate and IT consulting, Sylvain Baréwill lead the product teams to make MYRE the pan-European reference solution for real estate data management. Previously Managing Director of Cassiopae, he is now deploying the real estate branch and participating in the growth of the business with a 40-fold increase in turnover in 13 years."
"A new product director for the Myre real estate data management platform. Sylvain Baré, with thirty years of experience in real estate and IT company organisation consulting, is coming to consolidate the proptech offering and explore new markets."
"Myre, a collaborative SAAS platform that ensures and optimises real-time management of data relating to real estate assets for fund management, real estate asset management, property management and real estate departments, has raised €7 million led by NewAlpha. Its historical investors (including Naxicap Partners, HWA and Jean Peyrelevade) participated significantly in this round. The Terrot Group as well as the former managers of Cassiopae RE joined the capital as well as the employees of Myre. The objectives of this round of financing are to double the number of employees, to accelerate commercial growth by establishing a presence in new countries in Europe, and to target a new type of customer (real estate departments of large companies). Founders: Déborah Fritz, Isabelle Cohen and Ariel Boukobza. Staff: 35 employees in Paris and Lyon".
"Co-founded by Isabelle Teboul Cohen (E10) and Ariel Boukobza (M10), MYRE, a collaborative platform that ensures and optimises the management of data relating to real estate assets in real time, has raised €7m. Already deployed in a dozen countries, the young start-up aims to become the leading pan-European solution in its field by doubling its workforce, accelerating its commercial growth, extending its locations in Europe and targeting a new type of customer: the real estate departments of large companies. (See also the ESSEC Alumni article by clicking here.)
"New arrivals also on the side of proptech Myre, which raised €2m in 2019. Specialising in real estate data management, it welcomes Bénédicte Cazes as head of customer support. With twenty years of experience in the real estate industry, she began her career at Hammerson and Beacon Capital Partners. Rudy Lelièvre joins asaccount manager, with 17 years of experience as a senior consultant with Cushman & Wakefield, among others.
"Picture Asset Management has a vocation to position itself on complex, interesting and varied subjects. We are progressively implementing management initiatives in which we have a strong conviction, such as the integration of most of our operations into the Reuse Booster, or the integration of our assets into the Myre platform, in order to digitalise a large part of our processes and our data."
"To support its growth, Myre has moved into WeWork's offices at 106 boulevard Haussmann in Paris 8e. The proptech company specialising in real estate data management now has more than 30 employees. New recruitments are already planned. The new space "also provides the agility needed to deal with a team that cooperates between face-to-face and teleworking from Paris and Lyon (69).""
"To ensure proactive and anticipatory management, Keys AM has approached the company Myre. It is developing a real-time management tool that allows the group's asset management and property management teams to aggregate all the data on a building. Rental status, charges, appraised value, all this information is gathered and analysed to anticipate management actions with respect to tenants.
"CRM and portfolio management tools, such as our Dynamic Portfolio Management, but also MYRE and LaFoncièreNumérique, offer valuable productivity gains by sharing the same data, activity reports and key indicators with all employees. And this is just the beginning."
"Six new hires, a move, new offices: since raising €2m last March, MYRE has not slowed down the momentum: the PropTech start-up and its 20 employees are moving into new offices in Paris, at 20 rue Treilhard, in the 8th arrondissement. For the people of Lyon, Myre is also opening an office in Lyon. Its very first in the region.
"To accelerate its external growth, Keys AM will also focus on acquiring stakes in PropTech nuggets, such as MYRE. "We need players like MYRE to finally disrupt our asset management business and the real estate industry at large.""
"MYRE is a software package to help asset managers better manage their portfolios, to conclude their leases, to have cash flow simulations and this is typically things that allow established players, who today have relatively old-fashioned and outdated computer equipment or software, to update themselves."