Reggora

Reggora

Appraisal software for mortgage lenders and appraisers

About

Reggora offers appraisal software for the real estate and mortgage lending industries, automating tasks like order allocation and quality control using technology and artificial intelligence. The platform features payment processing, automated ordering, and customizable workflows, all accessible via a mobile app, allowing borrowers to schedule inspections and track their appraisals in real-time. Reggora stands out by providing a two-sided platform that enhances efficiency and accuracy in the appraisal process. The company's goal is to improve the borrower experience while operating on a subscription-based model for its software.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, AI & Machine Learning, Real Estate

Total Funding

$42.7M

Headquarters

Boston, Massachusetts

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Reggora's Appraisal Review Warranty sets a new industry standard.
  • Partnerships with Loan Originator Networks automate compliance, boosting efficiency.
  • Integration with Lender Toolkit streamlines underwriting, enhancing lender operations.

What critics are saying

  • Increased competition may pressure Reggora's market share and pricing.
  • Rapid tech advancements require costly updates to maintain competitiveness.
  • Economic downturns could reduce demand for appraisal services, impacting revenue.

What makes Reggora unique

  • Reggora offers a unique two-sided platform for lenders and appraisers.
  • The platform integrates AI to automate and streamline appraisal processes.
  • Reggora's mobile app enhances borrower experience with real-time updates and payment processing.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-42%

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