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About Aloft
Industries
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Grant
Total Funding
$24.8M
Headquarters
Seattle, Washington
Founded
2021
Overview
Aloft Appraisal specializes in real estate valuation services and technology, providing software solutions that modernize the appraisal process. Their main product, the Appraiser Toolkit, is a user-friendly software suite that allows appraisers to quickly complete adjustments, find comparable properties, and create data libraries. This toolkit is designed for both experienced appraisers and trainees, making the appraisal process more efficient. Aloft operates on a subscription model, offering a 30-day free trial followed by a monthly fee, which provides a low-risk way for clients to access their services. The company differentiates itself by combining advanced technology with industry expertise, aiming to be a valuable partner in real estate valuation.
Simplify's Take
What believers are saying
- Aloft raised $20M in Series A funding, boosting its growth potential.
- The rise of remote property inspections aligns with Aloft's tech-driven appraisal approach.
- Increasing demand for machine learning in real estate can enhance Aloft's software capabilities.
What critics are saying
- Increased competition from AI-driven tools could threaten Aloft's market share.
- Subscription model challenges may arise if perceived value doesn't meet customer expectations.
- Rapid scaling post-funding could lead to operational inefficiencies or quality issues.
What makes Aloft unique
- Aloft's Appraiser Toolkit offers AI-driven image analysis for enhanced property valuation.
- The company provides a user-friendly software suite for efficient real estate appraisals.
- Aloft combines cutting-edge technology with deep industry expertise in real estate valuation.
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Funding
Total Funding
$24.8M
Above
Industry Average
Funded Over
3 Rounds
Andreessen HorowitzBenefits
Medical, dental, and vision worth over $12,000 per year
Small life insurance policy
401k with up to 4% income match
Reimbursement for equipment, licensing, CE classes, software fees, mileage, etc
Flexible vacation policy
Company News
SEATTLE--(BUSINESS WIRE)--Aloft, a national leader in real estate appraisal technology, is excited to unveil a groundbreaking development: AI-Driven Image Analysis. Embedded in Aloft’s signature software product, Appraiser Toolkit™, this innovative feature marks a significant advancement in the standardization of quality and condition ratings in appraisal reports. Adding the new AI-Driven Image Analysis feature to Appraiser Toolkit™ represents a major milestone for Aloft, demonstrating the company’s ongoing commitment to cutting-edge technology that advances and uplevels the appraisal industry. By providing recommended Uniform Appraisal Dataset (UAD) quality and condition ratings, the robust math engine of Appraiser Toolkit™ now simplifies the comparison process between comparable properties and the subject property, offering one-click analysis that was previously unavailable. The development of this feature was showcased by Aloft’s Chief Appraiser, Hansel Dobbs, in McKissock’s Pro Series Webinar last week, which highlighted the practical applications and benefits of this AI-driven tool in real-world appraisals
The most exciting night of the year for GENIUS NY. Come watch as five startups pitch their companies for a shot at $1 Million Dollars!
Digital health insurance startup Angle Health closes on $58M round of funding - SiliconANGLE
Vannevar Labs, a Palo Alto, CA-based provider of technology to overcome critical national security problems, raised $75M in Series B funding.The round, which brings total funding to over $90M, was led by Felicis, with participation from DFJ Growth, Aloft VC, General Catalyst, Point72 Ventures, Costanoa Ventures, and Shield Capital.The company intends to use the funds for development of new products and win its first multi-year program from Decrypt.Led by CEO Brett Granberg, Vannevar Labs provides Decrypt, A text workflow platform built for national security which helps public servants working on military and foreign policy decisions understand, target, and respond to foreign actors. Decrypt has been deployed across 15 of the most important agencies in the government since launching in January of 2021 and has reached $25M in sales. The company launched two additional products in new mission areas in late 2022.FinSMEs19/01/2023
Maggie Brady. (Convoy Photo). — Maggie Brady, previously a human resources group leader at fintech company Fiserv, is now head of people at trucking marketplace Convoy. Brady previously also led human resources teams at GE Healthcare, HD Supply and Anthem
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About Aloft
Industries
Enterprise Software
Real Estate
Company Size
51-200
Company Stage
Grant
Total Funding
$24.8M
Headquarters
Seattle, Washington
Founded
2021
There are no jobs for Aloft right now.
Find jobs on Simplify and start your career today