Assessment.tech

"Evaluation.tech" is an artificial intelligence-based service that automatically evaluates real estate properties that borrowers order to obtain a mortgage loan or refinance it. The platform aggregates a large amount of data from open sources, real estate classifications, paid information channels, geoinformation systems and, due to this, allows you to determine the market value of an apartment or apartment with maximum accuracy.

AI also helps combat frood - for example, situations where the value of a property is artificially inflated by realtors before it is sold. The technology "Estimate.tech" compares prices in a large time interval and provides analysts about the dynamics of the cost of housing according to the time tape of events. This eliminates spontaneous price increases in a particular area.

History

2024

The owner of the Rosnefteprodukt gas station chain, Gennady Alyakin, bought a stake in the Appraisal AI service.

The owner of the Rosnefteprodukt gas station chain, Gennady Alyakin, bought a stake in the real estate valuation service based on artificial intelligence, Value.tech. This is evidenced by the data of the Kontur. Focus service, which TAdviser got acquainted with in mid-July 2024.

It follows from these materials that Alaska became the owner of 5.8% of Technology Assessment LLC. At the same time, the share of co-founder of the service Mikhail Chernov in July 2024 decreased from 54% to 50.1%, and the share of another co-founder - General Director of the Kazan Research Institute for Oil Field Chemistry Ildar Gamilov - decreased from 46% to 44.1%. The authorized capital of the company increased from 15 thousand rubles to 25 thousand rubles.

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Unsplash

The service "Evaluation.tech" appeared in, Kazan it was created by a local entrepreneur Mikhail Chernov. Before launching his business, he worked as a director of geoinformation systems at the Kazan IT company BARS Group"," and then headed several, startups according to his page on the social network (Facebook owned by a company Meta that is recognized as extremist and banned in). Russia Since 2020, Chernov has been the CEO of the Refin.online mortgage management service.

On its own website, the startup "Evaluation.tech" declares that it is evaluating real estate and sends a report on it to the client in two days. Borrowers are asked for such reports banks - when issuing a loan secured by real estate, mortgage approval, facility insurance, etc. The service works like this: a specialist comes to the client who conducts an inspection and takes photographs of the object, then the client sends "Evaluata.tech" a scan of his passport, an extract from the Unified State Register of Real Estate and other documents. All this falls into a system based on artificial intelligence. It collects data on the object, finds analogues, analyzes its market value and forms a report.

Attracting 15 million rubles of investments

At the end of May 2024, it became known that the company "Valuation Technologies," the developer of a real estate valuation service based on artificial intelligence "Appraised.tech," held another round of financing. Business angels provided funds in the amount of 15 million rubles.

The Evaluation.tech platform automates the process of evaluating real estate for mortgage lending. Valuation Technologies cooperates with such developers as A101, Precisely Group, Dogma, Country Development, Golos, Ava Group and Suvar Building.

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Freepik

According to RB.RU, during the new round of financing, funds were provided, among other things, by business angel Ildar Gamilov. He already invested in the company at the beginning of 2023, when Value.tech received 9 million rubles under the pre-seed program. The funds raised are planned to be used to refine AI technologies, as well as to develop the project for the B2C segment.

As of the beginning of January 2024, 54% of the Valuation Technologies company was owned by founder Mikhail Chernov, 46% by business angel Ildar Gamilov. In early June 2024, information appeared that Kazan businessman Gennady Alyakin, who develops a network of gas stations under the Rosnefteprodukt brand, acquired 4% in this enterprise. At the same time, Chernov's share decreased to 51.9%, Gamilov - to 44.1%. Earlier, Alaska was not one of the participants in the Valuation Technologies company.

The creators of the service declare that Evaluation.tech is preparing an assessment report for the corresponding FZ-135, then evaluators throughout Russia only sign this document. The service, it is alleged, reduced the cost of the report by 6 times and increased the speed of formation of the conclusion. The platform provides realtors, mortgage services, banks, developers and bulletin boards with the opportunity to implement a property valuation function for their customers.^[1]

2023: Attracting 9 million rubles of investments

On February 13, 2023, it became known about investing 9 million rubles in the real estate valuation service "Evaluation.tech." Business angel Ildar Gamilov invested in it as part of the seed round. The startup plans to spend the funds received on the development and hiring of employees.

In 2023, Evaluation.tech expects to launch a service throughout the million-plus cities of Russia and implement the functionality of predictive analytics for real estate objects. By mid-February 2023, the platform operates in Moscow and Kazan.

Pokrovka Street in Moscow

{{quote 'I have quite a lot of experience in real estate purchase and sale transactions - and in most of them the valuation was a necessary procedure. I know well how this process works and I believe that it can and should be automated. In my opinion, the launch of the project once again proves that the field of real estate and mortgage lending is one of the most promising niches for implementation AI, - said Ildar Gamilov.}}

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