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Real Estate Startup HouseCanary Raises $31 Million

Real Estate Startup HouseCanary Raises $31 Million
Credit: housecanary.com

HouseCanary announced it has secured $31 million in Series B financing. Three investors participated in the round, among them PSP Capital.

HouseCanary’s goal is to be an authoritative source for accurate, uniform information covering every residential block and property in the U.S., analyzed and visualized in real-time to help people and companies make better, faster decisions. The HouseCanary platform brings together the richest data set in residential real estate, advanced machine learning, predictive analytics and modern software technologies. It pinpoints and forecasts home values and market trends with unparalleled accuracy by aggregating millions of data elements, including more than 40 years of property data and a rapidly expanding arsenal of proprietary insights and analytics.

The company revealed that HouseCanary will use the funds from this investment to continue its innovation in predictive analytics and expand its market position.