HouseCanary, a San Francisco, CA-based real estate analytics company leveraging data science to value and forecast residential markets and properties, raised $33m in Series A funding.
Backers included Hillspire (Alphabet Executive Chairman Eric Schmidt’s family office), Alpha Edison, ECA Ventures, Raven Ventures, Egon Durban and Nikesh Arora.
The company intends to use the funds to continue to expand operations.
Founded in 2014 and led by CEO Jeremy Sicklick and Chief Scientist Chris Stroud, HouseCanary aggregates millions of data elements to accurately define and forecast values and market influences and allow investors, lenders and other real estate professionals to accelerate decision-making proceses.
Customers span institutional investors seeking properties to fit their investment criteria, lenders looking to identify prime mortgage prospects, and real estate brokerage firms looking to build advisory relationships with their clients.