Dutch AI Startup Wants to Reveal the Real Value of Your Property
- GeoPhy analyzes thousands of data points to offer valuations
- Company announces it has raised $33 million in funding
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When Teun van den Dries first bought a house eight years ago, the appraiser determining the market value of the home simply asked him how much he thought it should cost.
That experience partly led the Dutch entrepreneur and co-founder Sander Mulders to launch GeoPhy, a platform that offers artificial intelligence-powered real estate valuations and seeks to bring more transparency to the market.