real estate pymnt
Dutch Startup Raises $33M For AI In Real Estate PYMNTS.com
When Dutch entrepreneur Teun van den Dries started GeoPhy, an artificial intelligence (AI)-driven service that performs real estate valuations, there was nothing like it on the market. When he went to buy a house, Bloomberg reported, the appraiser he used simply asked him how much he thought it should cost. That led him to realize the potential market for his company, which he started in 2014. The round was led by Index Ventures, which has backed companies like Deliveroo and Slack. Hearst Ventures and Inkef Capital also participated in the round.