HouseCanary – A Big Attempt in the AVM (Data) Space
I saw this morning that HouseCanary raised a $33 million Series A.
There have been a number of AVM attempts over the past decade.
When I look at HouseCanary’s home page, they are much more CoreLogic, Onboard Informatics, or Home Junction than they are Zillow.
Which surprised me.
Why raise $33 million for a B2B data sales business model? I don’t get it. I’m assuming there must be a much grander vision pitched to investors than is indicated on their website.
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Jay Valento
Posted at 12:28h, 14 JanuaryI’d like to raise $33 million for my real estate website. Drew, can you make that happen? lol
Drew Meyers
Posted at 22:49h, 14 JanuarySnaps fingers and…
Joe Dahleen
Posted at 15:00h, 23 JanuaryHey Drew – Big fan of House Canary and have been so for a long time.
I added the service to my site to help buyers.
Let me know what you think of the API install. https://direct.axiahomeloans.com/axia-home-value-report
Drew Meyers
Posted at 15:41h, 23 JanuaryLooks good.
But still don’t get why they’d raise so much money for a b2b tool like this. This sort of tool has existed for a decade+ –> http://www.topproducer.com/products/market-snapshot