Company / App Name: Lofty AI
What does it do?
Our artificial intelligence predicts future real estate prices. We leverage alternative real-time data such as restaurant reviews, french bulldog populations, ride-sharing wait times, Airbnb price patterns, satellite imagery & more.
Why do we need it?
Real estate investors make investment decisions based on gut feeling, local knowledge and lagging data. Our A.I. allows investors to make more data-driven, calculated decisions resulting in significant increases in their ROI.
Who is it for?
Residential and commercial real estate investors. Whether your an institutional real estate fund or John the teacher who only buys one property per year, everyone is looking to make more data-driven investment decisions.
What makes it stand out from the crowd?
Accuracy. Properties chosen by our A.I. (n=1363) appreciated 33% in just the past year – 10x more than the market average. Also, our team and strategic investors including Y Combinator, Jason Calacanis, & Midwood Investment & Development.
Continuing to improve our A.I. accuracy, exploring new data sources, and expanding our team. We’re also in the beginning stages of raising our own fund to invest in properties suggested by our A.I.