ValueAppeal, a Seattle, WA-based online do-it-yourself property tax appeal service, has raised $1.2m in funding from existing angel investors.
The company intends to use the capital to hire new people, as well as to expand technology and product development.
Founded by CEO Charlie Walsh, ValueAppeal has developed proprietary and patent-pending technology that analyzes a designated property and identifies, based on comparable property sales and other criteria, whether a property is overassessed. It then provides an easy-to-use process for homeowners to quickly develop a complete tax appeal online. The company’s flagship product, the Property Tax Appeal Kit, costs $99.
ValueAppeal has just launched ValueAppeal PRO®, a property tax appeal practice management platform that enables financial and real estate professionals nationwide — ranging from accountants and financial planners to real estate agents — to add property tax appeal services to their core offerings for both existing and prospective new clients.