Valuebase Secures $6.3 Million in Series Seed Funding to Revolutionize Property Valuations
June 18, 2024, 3:33 am
Location: United States, North Carolina, Durham
Employees: 11-50
Founded date: 2022
Total raised: $7.9M
Valuebase, a prominent provider of data-driven property valuations, has recently announced the successful closure of a $6.3 million Series Seed funding round led by Narya Capital. This significant investment marks a pivotal moment for Valuebase as it sets its sights on accelerating growth and reshaping the landscape of property valuation.
Since its inception in August of 2022, Valuebase has been steadfast in its commitment to revolutionizing property valuation and assessment through innovative data analytics and rigorous data modeling. With this new injection of capital, the company is poised to further expand its product offerings, enhance its technology infrastructure, and propel its expansion efforts to new heights.
Will Jarvis, the CEO of Valuebase, expressed his excitement about the support from investors as the company embarks on its next phase of growth. He emphasized that this investment will enable Valuebase to continue delivering cutting-edge solutions that empower governments with world-class AI valuation models.
Valuebase's proprietary technology leverages advanced data analytics and modeling to assist assessment and revenue agencies in maximizing their revenue collection while maintaining equity and fairness metrics. Already adopted by local governments across several states, including Texas, Florida, and Virginia, Valuebase's solutions have proven to be effective in optimizing revenue collection and promoting fairness in property valuation.
Colin Greenspon, Co-Founder & Managing Partner at Narya, highlighted the exceptional qualities of Valuebase's founding team and their ability to build defensible technology businesses. He expressed confidence in Valuebase's potential to redefine the future of real estate valuation and reaffirmed Narya's commitment to supporting the company on its journey.
In addition to expanding its product portfolio, Valuebase plans to utilize the funding to scale its operations, recruit top talent, and invest in research and development to stay at the forefront of technological advancements in the industry. The company's strategic focus on innovation and growth positions it as a key player in the evolving landscape of property valuation.
For more information about Valuebase and its groundbreaking solutions, interested parties are encouraged to visit the company's website at www.valuebase.co. The future of property valuation is evolving, and Valuebase is at the forefront of this transformation, driving change and innovation in the industry.
Since its inception in August of 2022, Valuebase has been steadfast in its commitment to revolutionizing property valuation and assessment through innovative data analytics and rigorous data modeling. With this new injection of capital, the company is poised to further expand its product offerings, enhance its technology infrastructure, and propel its expansion efforts to new heights.
Will Jarvis, the CEO of Valuebase, expressed his excitement about the support from investors as the company embarks on its next phase of growth. He emphasized that this investment will enable Valuebase to continue delivering cutting-edge solutions that empower governments with world-class AI valuation models.
Valuebase's proprietary technology leverages advanced data analytics and modeling to assist assessment and revenue agencies in maximizing their revenue collection while maintaining equity and fairness metrics. Already adopted by local governments across several states, including Texas, Florida, and Virginia, Valuebase's solutions have proven to be effective in optimizing revenue collection and promoting fairness in property valuation.
Colin Greenspon, Co-Founder & Managing Partner at Narya, highlighted the exceptional qualities of Valuebase's founding team and their ability to build defensible technology businesses. He expressed confidence in Valuebase's potential to redefine the future of real estate valuation and reaffirmed Narya's commitment to supporting the company on its journey.
In addition to expanding its product portfolio, Valuebase plans to utilize the funding to scale its operations, recruit top talent, and invest in research and development to stay at the forefront of technological advancements in the industry. The company's strategic focus on innovation and growth positions it as a key player in the evolving landscape of property valuation.
For more information about Valuebase and its groundbreaking solutions, interested parties are encouraged to visit the company's website at www.valuebase.co. The future of property valuation is evolving, and Valuebase is at the forefront of this transformation, driving change and innovation in the industry.