Revaluate

Revaluate
Industry Real Estate, Ratings
Founder Tim Segraves, Chris Drayer and Max Galka[1]
Headquarters New York[2]
Website revaluate.com

Revaluate is a real estate website that mines data from a wide range of public and private sources and uses the information to produce home history reports, each covering a specific residential address.[3] These reports are intended to help consumers make better-informed housing decisions, analogous to the need that online reviews serve for other products and services.[4] The company is headquartered in New York, NY.

Company

Revaluate launched in September 2014. In the same month, it closed a convertible debt financing round for an undisclosed amount.[5] In its first two months of operation it averaged a week-over-week growth rate of 20%.[6]

Currently Revaluate covers New York City, with plans to expand its product to other cities in the future.[6]

Product

Revaluate cites its volume of housing a lifestyle data,[7] acquired from over 2,000 sources, as its primary competitive advantage. While some of its sources are public records available online, Revaluate also manually extracts information from unstructured documents, in some cases previously available only in hardcopy form.[8]

Each report contains a summary of positive and negative qualities about a specific address, as well as high-level ratings across four key categories: safety, environment, quality of life and expenses.[9][6]

References

  1. ↑ "Should you rent that apartment? Revaluate will help you decide". Silicon_Prairie#Midwest_Silicon_Prairie. Retrieved 24 December 2014.
  2. ↑ "Company Overview of Revaluate Inc". Bloomberg Businessweek. Retrieved 24 December 2014.
  3. ↑ Shultz, Levi. "Looking for New York City apartments just got easier". Housing Wire. Retrieved 24 December 2014.
  4. ↑ "Featured Startup Pitch: New York City-based Revaluate wants to be the Carfax of real estate". Startup Beat. Retrieved 24 December 2014.
  5. ↑ "Real Estate Livability and Home History Report". www.angel.co. Retrieved 24 December 2014.
  6. 1 2 3 "This NYC Startup Gives You the Skinny on Your Next Apartment". AlleyWatch. Retrieved 24 December 2014.
  7. ↑ "Over 40, Seeking a Roommate". The Wall Street Journal. Retrieved 24 December 2014.
  8. ↑ ""What's it like to live in that building?" new website hopes to give New Yorkers the answer". www.brickunderground.com. Retrieved 24 December 2014.
  9. ↑ "Real estate agents can dig up the inside skinny on properties using new service". Inman News. Retrieved 24 December 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.