Source: Fintech Global

Inspectify focuses on modernising the property inspection process for multiple sectors, including real estate, lending, property management, and insurance. The platform leverages automated intelligence and real-time data to streamline property assessments, aiming to ensure accurate, efficient, and high-quality inspections regardless of inspector variability. By partnering with a vast network of inspectors and offering a cutting-edge digital platform, Inspectify aims to tackle the rising challenges in property risk assessment.

The newly raised funds will further develop Inspectify’s proprietary software, expanding its offerings and reaching new client bases through Hartford Steam Boiler. One of its latest features, an Inspection Warranty, is particularly notable as it represents the first embedded warranty service in property inspections, providing homeowners with additional security and assurance regarding property assessments.

According to Inspectify CEO and co-founder Josh Jensen, the company sees this as a vital moment for property inspection advancements, especially in the wake of rising property risks. “We’re thrilled to deepen our partnership with Munich Re Ventures and Hartford Steam Boiler to enhance our services for property and casualty carriers,” Jensen said. “With the rise of extreme weather and escalating replacement costs, having accurate, real-time data on properties is crucial for insurers. Our platform is designed to meet these needs.”

Read the full article: https://fintech.global/2024/10/25/inspectify-raises-5-26m-to-drive-innovation-in-property-risk-assessment/