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About Yembo
Industries
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$12.6M
Headquarters
San Diego, California
Founded
2016
Overview
Yembo provides AI-driven solutions for the home services industry, specifically targeting the moving and property insurance sectors. Its technology creates detailed 3D models from photos or videos, allowing for accurate measurements and material classification while ensuring privacy by blurring sensitive information. In the moving industry, Yembo enables virtual pre-move surveys, eliminating the need for physical visits and making the process quicker and more cost-effective. For property insurance, its platform facilitates virtual inspections that help underwriters assess potential claims before making decisions, thereby reducing risk. Unlike competitors, Yembo focuses on practical applications of AI, offering a software-as-a-service (SaaS) model that provides clients with access to its suite of tools through subscriptions. The goal of Yembo is to enhance efficiency and accuracy in home services by leveraging advanced technology.
Simplify's Take
What believers are saying
- Partnerships with Atlas Van Lines and Verisk enhance Yembo's market reach and credibility.
- Increased demand for virtual services post-COVID-19 boosts Yembo's growth potential.
- AI-driven predictive analytics in insurance aligns with Yembo's virtual inspection capabilities.
What critics are saying
- Increased competition from new AI startups threatens Yembo's market share.
- Potential privacy concerns could lead to regulatory scrutiny affecting operations.
- Dependence on key partnerships poses risks if these are disrupted or terminated.
What makes Yembo unique
- Yembo uses AI and computer vision for virtual home surveys and inspections.
- The company offers SaaS solutions, ensuring a steady income stream from subscriptions.
- Yembo's technology creates 3D models, enhancing accuracy and reducing physical visits.
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Funding
Total Funding
$12.6M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
401(k) Company Match
401(k) Retirement Plan
Life Insurance
Unlimited Paid Time Off
Paid Sick Leave
Paid Holidays
Parental Leave
Stock Options
Learning & Development Opportunities
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -3%Yembo says its new collaboration with Atlas Van Lines will let customers use AI to boost speed and accuracy.
Verisk, a New Jersey-based multinational data analytics and risk assessment firm, today announced its integration with Yembo, a virtual home survey and inspection provider, according to a press release.
Atlas ® World Group, Inc., the parent company of Atlas® Van Lines, one of the nation's leading moving companies, has entered into a strategic partnership with Yembo, the global leader in artificial intelligence (AI) for virtual home surveys.
Yembo’s technology, which is powered by artificial intelligence (AI), now integrates with Xactimate, enabling desk adjusters to view photo-realistic, 3-D models of interior damage created from videos captured onsite via smart devices.
Yembo, a San Diego, CA-based Artificial Intelligence (AI) enabled visual survey company, completed an $8.5m Series A round of financing. The round was led by Imagen Capital Partners. In conjunction with the funding, Imagen Capital Partners General Partners Chris Barrow and John Polchin (both former EagleView Technology executives) will join Yembo’s Board of Directors, serving alongside continuing director Steven R. Altman, […]
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About Yembo
Industries
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$12.6M
Headquarters
San Diego, California
Founded
2016
Yembo is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today