CAPE Analytics, the pioneer of geospatial property analytics, is excited to announce CAPE AIRE, an AI-powered intelligence platform for the real estate market. AIRE uses computer vision, aerial imagery, and novel data sources to extract highly accurate, critical information about property conditions and their surroundings, with a focus on characteristics that influence property value and […]
New Paved Area Deterioration and Paved Area Illumination attributes provide commercial insurance carriers and MGAs with new insights into how a property’s broader lot condition can affect risk. Often thought of as secondary to the characteristics of a commercial property’s structures, parking lot and paved area condition can offer insights into the potential risks of […]
The CAPE Hail Vulnerability Rating provides property-level susceptibility to hail damage.
Series C funding will be used to accelerate product innovation, expand data sources, and grow the company’s industry-leading artificial intelligence team Today, CAPE Analytics, the leading provider of geospatial intelligence for property risk and valuation, announced $44 million in Series C financing, led by Pivot Investment Partners. Additional investors, Aquiline Technology Growth and HSCM Bermuda […]
Hail has turned into one of the more problematic risks for property insurers. According to the III, the industry sustained over $13 billion in losses in 2019, and in 2020, that number increased to $14.2 billion. Hail-related losses are unpredictable, but generally seem to be increasing due to a number of factors: Exposure is increasing […]
Insurance carriers and real estate investors in Canada can now access CAPE property characteristics and condition attributes to make better underwriting and investment decisions Today, CAPE Analytics, the leader in AI-powered geospatial property intelligence, is announcing its expansion into Canada. Now, property stakeholders can access the most accurate and recent data available for many properties […]
Cape Analytics uses computer vision and geospatial imagery to feed property condition data into the new ValPro+ AVM, powering more profitable real estate investments Today, Weiss Analytics, creator of next-generation home price indexing and forecasting, and Cape Analytics, a pioneer in the automated analysis of property through geospatial imagery, are announcing the launch of ValPro+, […]
This is the second post in our series, Bringing Innovation to Commercial Property Lines. Missed the previous posts? Read Part I here and Part III here. In our last blog post, we dove into the complexities and breadth of commercial property risks, why innovation in the sector has been slow thus far, and why we think this […]