Berlin-based startup Paraspot AI has successfully concluded its seed funding round, securing $1.32 million in investment. The funding, led by ff Venture Capital with additional contributions from 97212 Ventures, highlights the growing interest in innovative technologies within the real estate sector.
Founded in 2020 by Nathan Herz and Yakir Saadia, Paraspot AI specializes in integrating computer vision into real estate operations. Their pioneering technology automates property inspections, reducing human error and eliminating the need for physical site visits. This advancement aligns with the industry’s ongoing digital transformation, offering a more efficient and cost-effective approach to property management and assessment.
This latest funding round brings Paraspot AI’s total investment to $1.5 million across two rounds and backed by two investors. The infusion of fresh capital will fuel product development and market expansion, positioning Paraspot AI for success in the rapidly evolving realm of real estate technology.
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By Proptechbuzz
By Ravi Kumar