Tech12:49 · 17m ago

Israeli AI Startup ARENA AI Launches Platform to Match Homebuyers with Ideal Apartments

MaarivCenter
Translated & summarized from Maariv by baba
The story · English

The Israeli startup ARENA AI, developed within CONTECH, a joint innovation initiative by the Builders Association of Israel and government ministries, has unveiled a new AI-driven platform designed to revolutionize how homebuyers find apartments and how developers understand their customers. The system uses advanced algorithms to tailor apartment recommendations based on individual buyers’ needs, preferences, lifestyle, and financial capacity, moving beyond traditional filters like price and number of rooms. The platform is set for public launch in October 2026.

The unveiling event in Tel Aviv gathered dozens of real estate developers, CEOs, marketing executives, and industry leaders. Roni Brick, President of the Builders Association of Israel, emphasized the increasing complexity and competitiveness of housing project marketing, stating that "developers need more than intuition; they need data-driven intelligence." He highlighted ARENA AI as a unique tool to help the industry navigate current market challenges intensified by recent crises.

ARENA AI’s co-founder and CEO, Esti Shiovitz, explained that the platform aims to replace traditional property search engines by focusing on understanding the buyer’s personal profile, including dreams and purchasing power, to connect them with truly suitable apartments. Co-founder and chairman Yossi Yarkoni added that the system builds a dynamic profile for each buyer and uses AI to match them with projects while explaining the rationale behind each suggestion. He stressed the importance of integrating financial feasibility into the matching process.

Brigadier General (res.) Yigal Slovik, CEO of the Builders Association, noted that AI is already transforming construction planning, quality control, and safety, and will soon reshape marketing and sales in real estate. The event also featured a panel of experts from construction, law, and technology sectors discussing how AI combined with data and professional experience can improve project planning, pricing, and marketing, potentially creating a social as well as technological revolution in urban renewal and real estate.

The platform’s launch promises to bridge the gap between buyers and developers by providing more precise, data-backed matches, helping buyers make informed decisions and developers target ready and suitable customers more effectively.

Read the original at Maariv
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