Industry Real Estate, Ratings Founded 2014 | Website revaluate.com | |
Founder Tim Segraves, Chris Drayer and Max Galka Headquarters New York City, New York, United States | ||
Revaluate is a real estate website that mines data from a wide range of public and private sources and uses the information to produce home history reports, each covering a specific residential address. These reports are intended to help consumers make better-informed housing decisions, analogous to the need that online reviews serve for other products and services. The company is headquartered in New York, NY.
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Company
Revaluate launched in September 2014. In the same month, it closed a convertible debt financing round for an undisclosed amount. In its first two months of operation it averaged a week-over-week growth rate of 20%.
Currently Revaluate covers New York City, with plans to expand its product to other cities in the future.
Product
Revaluate cites its volume of housing a lifestyle data, acquired from over 2,000 sources, as its primary competitive advantage. While some of its sources are public records available online, Revaluate also manually extracts information from unstructured documents, in some cases previously available only in hardcopy form.
Each report contains a summary of positive and negative qualities about a specific address, as well as high-level ratings across four key categories: safety, environment, quality of life and expenses.