• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

3v.org

Venture Capital Matters

  • Pitch a Startup
    • Make a Contribution
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

HouseCanary, Inc. Closes $65M Series C Round, Aims to Create More Efficiency in the $2 Trillion Residential Real Estate Market

February 6, 2020 By admin Leave a Comment

Home valuation fintech pioneer HouseCanary, Inc. today announced it has closed a $65 million growth funding round led by Morpheus Ventures, Alpha Edison, and PSP Growth. The funding brings HouseCanary’s total funding to $130 million. Since its founding in 2013, HouseCanary has created the most accurate residential real estate valuations, with a 2.5% median absolute percentage error for 106 million US residential properties nationwide. By focusing on helping its customers grow and scale their businesses, HouseCanary doubled revenue in each of the last two years and its pace of growth is accelerating for 2020. Today, seven of the top ten buyers of residential real estate loans, seven of the top ten bulge bracket investment banks, and four of the top five single family rental investor owner operators trust HouseCanary.

HouseCanary is creating a more efficient real estate marketplace, where its trusted property valuations help consumers and investors enjoy a frictionless experience in buying, financing, and improving their homes. By working directly with institutional investors, HouseCanary already powers more than $200 million in real estate transactions each month. Through partnerships with leading financial institutions, HouseCanary’s ComeHome platform will enable consumers to close on more than $100 billion of real estate transactions this year.

“This latest round of funding will allow HouseCanary to continue to build the most accurate valuations in the housing market, continue to build our world-class team to accelerate development and broad market adoption of HouseCanary, and invest in our leading-edge technology,” said Co-Founder and CEO Jeremy Sicklick. “Reliably automating home valuations replaces a two- to three-week human appraisal process with instant, actionable valuations at a fraction of the price. Consumers and institutional investors buying homes as well as financial institutions providing mortgages demand this, and we power it across America’s housing market.”

HouseCanary has built its reputation on developing unique analytics for the $30.7 trillion residential real estate market, based on big data and refined through machine learning. By combining this technology with its nationwide brokerage, HouseCanary is uniquely positioned to connect investors and consumers alike to the information that they care most about in an effort to modernize and streamline the home buying and home ownership process. Offering its clients a customer engagement platform that provides unparalleled insights into properties across the United States puts HouseCanary on track to reshape the residential real estate marketplace.

“We invest in disruptive companies that are innovative and creative in how they tackle the changing landscape,” said Joseph Miller, Managing Partner, Morpheus. “Through their proven software and data driven technology HouseCanary is streamlining real estate transactions and changing the future of the industry.”

About HouseCanary:
Founded in 2013, valuation-focused real estate brokerage HouseCanary provides software and services to reshape the real estate marketplace. Financial institutions, investors, lenders, mortgage investors, appraisal management companies, and consumers turn to HouseCanary for industry-leading valuations, forecasts, and transaction-support tools. These clients trust HouseCanary to fuel acquisition, underwriting, portfolio management, and more. Learn more at www.housecanary.com.

Filed Under: PR Tagged With: Home valuation, HouseCanary, Residential Real Estate Market, fintech

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

Job openings hit a record high March
Quantum Computing Market
The global demand for semiconductor chips continues to rise but this demand is not being met
Automation is the future of retail market
Net Zero Balance Technologies That Could Make a Difference
Market Impact of Trade War on Chinese High Tech Industries
Autonomous manufacturing: solving a $200 billion problem

Market Research Media

MktForecast.com: Market Forecast Methodology
Military Applications of Extended Reality
MetaQuantumComputing.com (Meta Quantum Computing): Overview of quantum algorithms
New skills will be required for the future world of work
PublicDomain.ai: Public Domain Meets AI
LuxurySucks.com (Luxury Sucks) vs BornIntoLuxury.com (Born Into Luxury): How do luxury brands adapt in the rapidly changing world?
PandemicBurnout.com: Pandemic Burnout

Secondary Sidebar

Technologies

Apple takes another step towards EV development
Tech trends to watch in 2022
Arcitecta’s New High-Speed Data Mover Transfers Billions of Files Securely, Reliably, Globally at Ultra-Fast Rates
Box Launches Technology Collaboration with FUJIFILM Business Innovation
5 Radical Technologies That Could Change the World

Tech Events

Data+AI Summit, June 27-30, 2022
AppianEUROPE20 Virtual Conference: 14 – 15 October 2020
Intel Event at Mobile World Congress, June 21, 2021
Apple Worldwide Developers Conference (WWDC), June 6-10, 2022
TechCrunch held The Disrupt 2021 online on September 21-23

Footer

Recent Posts

  • Plant-based food innovation company, TMRW Foods, raises C$2 million and prepares for North American launch with Sprouts Farmers Market
  • How to achieving gender balance in management teams
  • When you feel like you’re spiraling
  • After Successful Tax Season, Embedded Tax Platform April Raises $30M Series A from Fintech Veterans
  • Vita Mojo Raises US$30 Million to Help Restaurant and Hospitality Chains in Europe Tackle the Digital Future
  • Nautical Commerce Raises $30M to Scale Multi-Vendor Marketplace Technology
  • Token Announces $13 Million Series B Funding Round and Appointment of New CEO to Disrupt the Authentication Market
  • Konnecto Raises $21M to establish a new category in marketing technology
  • Sharebite, the Leading Food Benefits Platform, Announces Closing of $39 Million Series B Round
  • Illumina Invests in £30M Venture Fund to Advance Breakthroughs in Human Health

Dossier

There is a progress in discussions on a potential price cap on Russian oil
IBM Appoints Martin Schroeter as CEO of “NewCo” Independent Managed Infrastructure Services Business to Spin Out from IBM
Idera, Inc. Acquires apilayer
Box Opens Research and Development Engineering Site in Warsaw, Polan
Dropbox to Acquire DocSend

Press Media Release

insightsoftware’s Embedded Analytics Solutions Named A Leader in 2022 Business Intelligence Market Study by Dresner Advisory Services
EPPA : New Study Shows That Making Reusable Containers for Takeaway Obligatory Will Undermine the EU’s Environmental Goals
Coronavirus (COVID-19) Update: FDA Authorizes Monoclonal Antibodies for Treatment of COVID-19
Igniting Intelligence: Vayyar launches high-resolution mmWave tracker module
Space Control Veteran Rob Baker Joins System High as Vice President, Strategic Space Protection

App Coding

Distraction-free coding
Trellix Finds Workforce Shortage Impacts 85% of Organizations’ Cybersecurity Posture
Jotform Store Builder launches as a no-code solution to build a store in minutes
Writing code on the fly
ScaleOut Software Announces Production Release of Redis®* Integration

API Coding

One AI to Take on Global Language AI Challenge with NLP-as-a-service Platform for Developers
API-based startup that connects African businesses
Apple Provides Developers with Even More Powerful Technologies to Push the App Experience Forward
Web3 can take power and control from BigTech
Fintech AI Leader Photon Commerce Partners With Identifee to Enable Banks to Instantly Digitize and Analyze Statements

Copyright © 2022 3v.org

Technologies, Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT