Real estate analytics fintech HouseCanary has announced a fresh funding round of $65mn led by Morpheus Ventures, Alpha Edison and PSP Growth; the company intends to use the funds to continue developing what they say are the most accurate valuations in the property sector; Jeremy Sicklick, Co-Founder and CEO, tells Crowdfund Insider, “Reliably automating home valuations replaces a two- to three-week human appraisal process with instant, actionable valuations at a fraction of the price. Consumers and institutional investors buying homes as well as financial institutions providing mortgages demand this, and we power it across America’s housing market.”; HouseCanary launched in 2013 with their core product of residential real estate valuations using big data analysis sales and machine learning; Morpheus Ventures Managing Partner Joseph Miller tells Crowdfund Insider, “Through their proven software and data driven technology HouseCanary is streamlining real estate transactions and changing the future of the industry.” Crowdfund Insider
