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Canadian proptech startup OpenHouse.ai has successfully secured $1.5 million CAD for its AI-powered house planning and marketing platform aimed at builders.
The seed round, which concluded in January, was spearheaded by Trico Ventures, with the participation of undisclosed home builders from the United States (US) and Canada. Noteworthy shareholders of OpenHouse include industry members, venture funds, and housing think tanks such as the Urban Land Institute and National Home Builders Association, as disclosed by the company in an email statement to BetaKit.
This funding injection is earmarked for the expansive deployment of OpenHouse’s solution across North America. Their platform utilizes AI to assist builders in comprehending homebuyers’ needs and optimizing construction operations.
CEO and Co-founder Will Zhang expressed, “Housing affordability and availability are significant challenges across North America. By leveraging AI, we can offer builders new solutions to manage their risks and navigate cycl
By Proptechbuzz
By Ravi Kumar
