Proptech company Hosta.ai recently announced an $11.5 million fundraising round. The money will go to further bringing the combination of computer vision and AI-powered analysis to remote measurement and materials estimating for insurance, mortgage lending, and home improvement.
Unlike many proptech firms that focus on such areas as marketplaces, underwriting, and investments, Hosta.ai claims its systems can remotely assess spaces from as little as one photo.
"My cofounder [CEO Rachelle Villalon] started off as an architect," COO Henriette Fleischmann tells GlobeSt.com. "She was completely puzzled by how little support and tools there were to assess spaces. So, she thought there must be a better solution."
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