Inspectify operates a marketplace and proprietary inspection software that connects real estate agents and homeowners with a network of 6,000+ inspectors. The company offers, in select states, a full-year warranty covering repair or replacement of equipment deemed functional during inspection. Inspectify has expanded beyond real estate to serve industries such as construction lending and insurance, and uses automated intelligence to standardize inspection quality. The platform aims to provide accurate, real-time property data for enterprise customers and insurers. Founded in 2019, the company plans to accelerate platform development and roll out its inspection warranty more broadly. Recent funding will also support expansion of offerings to Hartford Steam Boiler’s clients. Inspectify provides inspection software and a booking platform that aggregates inspection data and aims to replace static PDF reports for home, property, and rental inspections. It serves real estate investors, property managers, lenders, insurance carriers, and brokerages. The company plans to roll out new services and further develop its platform, expanding into verticals such as property management, insurance, lending, and data services to grow its total addressable market. Inspectify raised $5.76M in new funding to support those efforts amid a wider real estate market slowdown that has reduced transaction volume. That slowdown contributed to an 80% year-over-year decrease in demand from institutional real estate investors and led the company to lay off 16 employees in November. Founded in 2019 and based in Seattle, Inspectify has grown to 44 employees (up from 32 in 2021) and counts backers including Nine Four Ventures, Foundation Capital, Munich Re Ventures' HSB Fund, Socially Financed, and angel investors. Inspectify offers a proprietary inspection software and marketplace that structures traditionally unstructured home-inspection data and delivers a cloud-native operating manual or digital twin for each property. The company positions itself as the "API of the home," enabling owners to understand condition, schedule maintenance, price and book repairs, and maintain inventory and records. Inspectify serves individual buyers and large real-estate customers, providing portfolio-level visibility for institutional investors and iBuyers. Over the past 12 months the company has grown by over 2,500% and earned partnerships with real-estate brands including Redfin, Fundrise, Flyhomes, Sundae, Homie, Homelight, Properly, Mynd, Roofstock, and Orchard. Founder and CEO Josh Jensen (formerly of Flyhomes) and CTO Denis Bellavance (founder/CTO of Peach; ex-Zillow, Loftium, Amazon) lead product and engineering. The company plans to accelerate development of its inspection software and expand into new verticals with lenders, insurance carriers, appliance OEMs, and home services providers.

Total raised

$19M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2024