Geowox uses AI to undertake property valuations

by Startacus Admin

Geowox, the Irish startup that is innovating the property valuation sector...

Currently, Geowox’s primary clients are banks, whom their platform helps to valuate properties for mortgages, as well as internal auditing and appeasing regulators, but they hope to expand this soon to other areas of the property sector. Estate agents would be the most obvious clients, but sellers who would rather go it alone and avoid paying fees to an estate agent could also greatly benefit from an accurate valuation tool like Geowox.
Recently, Geowox raised €500,000 in funding, which will allow them to boost its staff from 5 to...more than 5, bringing in more data engineers and data scientists to help get the platform ready for the ramp up to their Series A funding round in 2020.
We look forward to seeing what they build with the investment...
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Published on: 8th September 2019
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