Skyline AI, a New York and Tel Aviv, Israel-based real estate investment technology company using advanced, proprietary artificial intelligence and data science, raised $18M in Series A funding.
The round, which brought total funding to $21m to date, was led by Sequoia Capital and TLV Partners with participation from JLL Spark, a division of JLL (NYSE: JLL), NYCA Partners, Arbor Ventures and iAngels.
The company intends to use the funds to expand platform integration to include additional asset classes and further cooperation with commercial real estate investment firms in the US.
Co-founded in 2017 by Guy Zipori (CEO), Or Hiltch (CTO), Iri Amirav (CRO) and Amir Leitersdorf (Executive Chairman), Skyline AI provides a proprietary artificial intelligence and machine-learning platform which is introducing advanced, supervised and unsupervised learning models into the entire commercial real estate acquisition and ownership process. The platform utilizes a large data pool to predict the value and future behavior of any institutional-grade asset in the US to detect and exploit market anomalies, identify superior risk-reward investments, and discover untapped value creation opportunities.
The Skyline AI platform also provides continuous market data analysis and information during the entire ownership period.