“Geophy is bringing much-needed innovation to the antiquated property sector. Much of the world’s wealth is in real estate, yet we understand very little about how to accurately value it, or about the forces that have an impact on it,” said Index Ventures partner Jan Hammer, who joined Geophy’s board as part of the Series B. “This is a critical issue for everyone from portfolio managers to central bankers, and we believe GeoPhy’s technology has the potential to improve how the market operates.” Geophy, which was founded in 2014 and employs about 100 people, is headquartered in Delft and has offices in New York; London; and Kaunas, Lithuania.

https://venturebeat.com/2019/01/24/geophy-raises-33-million-to-apply-ai-to-commercial-property-appraisal/