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ValueBase Grabs $1.6M to Automate Appraisals

ValueBase, a developer of what its website calls “land-first models to create mass appraisal modeling and property valuations,” has raised a $1.6 million seed round. So reports TechCrunch.

dollar 3706548 640 smallValueBase plans to automate land and building appraisal for municipal property tax assessors and use the data to launch commercial applications for mortgage lenders and brokerages.

The seed round was led by Hydrazine Capital, a fund co-led by OpenAI CEO Sam Altman.

Read the full article from TechCrunch.

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