appraisal-software
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The Appraisers Who Got Tired of Their Own Software Built a Better One
Four appraisal veterans spent six years quietly building the tool they wished existed, bootstrapped it to profit, then raised money only after the customers showed up. Here is how Valcre turned the industry's most tedious paperwork into software.
ValueMate
ValueMate is a Y Combinator (X25) startup rebuilding the residential real estate appraisal stack around AI. Its smartphone app uses LiDAR to capture a property in a roughly three-to-five minute walkthrough, generating a 3D model, 2D floor plans and a near-final, regulator-ready appraisal report that complies with the new UAD 3.6 and ANSI standards. The company says it makes appraisers about 80% more efficient, cutting turnaround from days or weeks to hours, and also runs its own in-house appraisal firm, VM Appraisals.
Bowery Valuation
Bowery Valuation is a technology-enabled commercial real estate appraisal firm that pairs an in-house team of appraisers with proprietary, cloud-based software to deliver faster, more accurate property valuations. Founded in 2015 by former appraisers Noah Isaacs and John Meadows along with CTO Cesar Devers, the company automates data collection, comparable-sales research, and report formatting so appraisers can spend more time on judgment and less on busywork. Bowery serves banks, lenders, and institutional investors nationwide across all 50 states.