Photo - AI-driven Realtor. Simplifies investing in real estate.
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AI-driven Realtor. Simplifies investing in real estate.

Israel
Market: Internet and IT, Real estate, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 03.03.2020
Min investment
$  50.000
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Total required
$ 200.000
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Idea

AI-SaaS that simply finds the best real estate deals vetted by AI. Aggregates lots of data from various sources, select undervalued properties based on future value forecast and sorts our findings by the ROI projected.

Current Status

- Team formed
- Data Science cluster is ready
- MVP launched
- First users
- Expecting first revenue in March-April
- Received $25k in credits for cloud services

Market

Global real estate software market size: $56B
US Big Data market size: $56B
US Real estate AI / Big Data market size: $9B

Problem or Opportunity

1. Lots of data on the market to research
- 24 major real estate listings
- 1 Million of residential property listed on the market
- Market research takes from 15 to 90 days

2. Real estate buyers do not have access to professional data sources and analytics. AI-services are available only for business

3. Hard to find, mine and handle data

Solution (product or service)

AI-SaaS:
- aggregates data from various sources
- attract new listing from real estate agents, agencies and developers
- provide analytics made with AI
- boost property value finding simple improvements to make

Competitors

Direct competitors:
- Mashvisor.com
- Lofty.ai
- Shivatech.ai

Indirect competitors / common ways:
- Major real estate listings: Zillow, Realtor, Trulia, etc.
- Real estate agents

Advantages or differentiators

- Easy to start
- Simple paid model
- Professional AI-analytics for the biggest market (buyers / investors)

Finance

$1M in revenue till the end of 2020
$120k/mo in revenue by the end of 2020
Expect to reach $1M /mo in 2022
$1B+ value cap in the next 5 years

Business model

SaaS-like subscription model with different tariffs + on-demand.

Money will be spent on

- Sales
- R&D
- Salaries

Offer for investor

Invest $200-250k with SAFE / Convertible note at 25 discount rate and $4M valuation cap. We can offer buyback within 18-24 months.

Incubation/Acceleration programs accomplishment

NVIDIA Inception Program (Tel Aviv)
AWS Builder Space (Tel Aviv)
Y Combinator Startup School (twice)
Pioneer.play
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video