Aloft

Aloft

Real estate valuation software and services

About

Aloft Appraisal specializes in real estate valuation services and technology, offering software solutions that modernize the appraisal process. Their main product, the "Appraiser Toolkit," is a user-friendly software suite that provides analytical tools for appraisers to quickly complete adjustments, find comparable properties, and build data libraries. This toolkit is designed for both experienced appraisers and trainees, making the appraisal process more efficient. Aloft operates on a subscription model, allowing new users to try the toolkit for free for 30 days before a monthly fee of $29. The company differentiates itself by combining advanced technology with industry expertise, led by professionals with backgrounds in product management and real estate. Aloft's goal is to streamline property valuations and enhance the efficiency of the appraisal process for its diverse clientele.

Company Stage

Grant

Employees

51-200

Industries

Enterprise Software, Real Estate

Total Funding

$24.8M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • The recent $20M Series A funding round, led by prominent investors, provides significant financial backing for future growth and innovation.
  • The AI-Driven Image Analysis feature in the Appraiser Toolkit enhances efficiency and accuracy, potentially revolutionizing the appraisal industry.
  • Aloft's focus on innovation and modernization positions it as a leader in the real estate valuation market, offering ample opportunities for career growth and development.

What critics are saying

  • The competitive landscape in real estate technology requires continuous innovation to maintain a leading position.
  • Reliance on subscription-based revenue may pose risks if customer acquisition and retention do not meet expectations.

What makes Aloft unique

  • Aloft's Appraiser Toolkit offers a unique AI-Driven Image Analysis feature, setting it apart from traditional appraisal software by simplifying quality and condition ratings.
  • The company's subscription-based model with a 30-day free trial lowers the barrier to entry, making it accessible for both seasoned and new appraisers.
  • Aloft combines cutting-edge technology with deep industry expertise, led by professionals with backgrounds from Amazon and extensive real estate experience.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%

Benefits

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

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