GeoPhy

It is another AI real estate app estimating value based on thousands of data sources. Set the price for commercial properties, shopping centers, and other buildings with ease. Thanks to this tool, you can make accurate predictions about upcoming price changes and automate analysis of multiple aspects affecting the final price. Major enterprises, investors, and lenders use GeoPhy to create their strategies and improve results. Launched by two architects, the startup got $33 million of funding to make the global property market transparent. Outcomes: GeoPhy managed to reduce the gap between an average CRE appraisal and actual property price from 5-6% to nearly 0% in the UK and US. It was founded in 2014 and has grown to 100+ employees since then.

Tags: AI