# AJ Altman

> AJ Altman is the founder and CEO of Hover, a San Francisco-based proptech company that turns smartphone photos into precise 3D models of homes - used by contractors, insurers, and homeowners to measure, design, and estimate renovation projects. A U.S. Marine Corps veteran and computer engineer by training, Altman left Intel at 29 to serve as an infantry officer before channeling military-grade geospatial mapping technology into a commercial platform that has raised over $146M and reached a $490M post-money valuation. Hover's platform now replaces five separate contractor apps and is backed by some of the country's largest insurance carriers.

- **Role:** Founder & CEO at Hover
- **Organizations:** Hover, Inc., United States Marine Corps, Intel Corporation
- **Nationality:** American
- **Education:** BS, Computer Engineering, University of Notre Dame
- **Known for:** Co-founded Hover in 2011 and grew it from $1M revenue (2016) to $70M+ annual run rate (2020), Raised $146M+ in total funding, achieving $490M post-money valuation after Series D, Secured investment from major insurance carriers: Travelers, State Farm Ventures, and Nationwide

## Career timeline

- **1996-2000** — Studied Computer Engineering at University of Notre Dame
- **2000-2004** — Engineer at Intel Corporation, focused on consumer product marketing and market strategy
- **2007** — Joined U.S. Marine Corps as infantry officer at age 29
- **2007-2011** — Served as infantry officer, including deployment to Iraq
- **2011** — Co-founded Hover with Ross Hangebrauck, applying military geospatial mapping technology to residential property measurement
- **2018** — Led $25M Series B round, with The Home Depot and GV (Google Ventures) as investors
- **2019** — Led $25M Series C round led by Menlo Ventures; company projected $50M+ revenue
- **2020** — Raised $60M Series D led by Travelers, State Farm Ventures, and Nationwide; post-money valuation $490M
- **2025** — Launched Instant Design - AI-powered home visualization from a single smartphone photo
- **2026** — Launched reimagined connected visual platform unifying measurements, design, estimating, and collaboration

## Achievements

- Co-founded Hover in 2011 and grew it from $1M revenue (2016) to $70M+ annual run rate (2020)
- Raised $146M+ in total funding, achieving $490M post-money valuation after Series D
- Secured investment from major insurance carriers: Travelers, State Farm Ventures, and Nationwide
- Built Hover's technology stack into a platform used across insurance, roofing, siding, and home improvement industries
- Launched Instant Design in February 2025, generating AI-powered home renovations from a single photo in seconds
- Launched all-in-one connected visual platform in January 2026 replacing five separate contractor apps
- Named Power100 Expert Contributor; Hover ranked #15 Preferred Strategic Partner in the Nation for 2026
- Grew Hover to approximately 450 employees worldwide
- Translated U.S. military geospatial mapping technology into commercial property intelligence platform

## Latest updates

- **2026-01** — Hover launched a reimagined connected visual platform, unifying measurements, design, estimating, and proposals into one end-to-end solution that replaces five separate contractor apps.
- **2026-03** — Hover ranked #15 Preferred Strategic Partner in the Nation for 2026 by Power100.
- **2025-02** — Hover launched Instant Design, an AI-powered home visualization tool generating photo-realistic renovation designs from a single photo in seconds.

## Links

- Website: https://hover.to
- LinkedIn: https://www.linkedin.com/in/ajaltman
- Twitter/X: https://twitter.com/ajaltman

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Profile page: https://yespress.io/altman
Published by YesPress — https://yespress.io
Last updated: 2026-05-27