Deckard Technologies, a San Diego, CA-based data mining company for real estate, received an additional investment of $500k.
The round, which brought initial venture funding to over $4m, was led by Loeb Enterprises.
Founded by Neil Senturia and Greg Rose, Deckard develops approaches to allow cities, counties and states to to leverage data analytics, machine learning and advanced statistical analysis to identify unpaid property taxes from real estate improvements done without plans and permits.
The company intends to use the funds to expand its offerings to include both the tax analysis product and another one, Rentalscape, which quantifies short-term vacation rentals and analyzes proper fees that should be paid to local government.
The first customer to contract Deckard for the tax analysis solution is Mono County in the Eastern Sierra section of California. The company is also running a pilot program with Riverside County and is in discussion with several other counties and cities throughout California.