Hover secures $60M for 3D imaging to examine and repair residential or commercial properties

by RJ Shara | Nov 17, 2020 | Startups

The U.S. home market has proven to be more resistant than you might have presumed it would be in the midst of a coronavirus pandemic, and today a startup that’s built a computer system vision tool to assist owners assess and fix those homes more easily is revealing a substantial round of financing as it sees […] A.J. Altman, Hover’s founder and CEO, informs me that in 2016 the start-up was making some $1 million in revenues. Hover was established in 2011 and first made its name with homeowners and the sole-trader and small business contractors working on their houses fixing roofings and fixing other parts of their structures. A professional utilizing the Hover app might set up a system where these pictures, in turn, could be utilized to automatically produce priced out quotes, with costs of material and timings for work, for their potential customers.”It’s essential to us that we offer our clients with the finest possible experience, and Hover’s technology helps us to do that by producing an easier, faster and more transparent claims procedure,” stated Nick Seminara, executive vice president and chief claims officer of Travelers, in a statement. Longer term, there are a number of locations where you might picture Hover’s technology to apply….