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HouseCanary

AI-driven automated valuation models, market forecasts, and property analytics for lenders, investors, and brokerages.

HouseCanary

HouseCanary was founded in San Francisco in 2013 by Jeremy Sicklick and Chris Stroud to build machine learning models that estimate home values and forecast price movement at the individual property level, an alternative to the appraisal-heavy process the mortgage and investment industries had relied on for decades. The company's core business is licensing its automated valuation model (AVM) and forecasting data through an API and analyst-facing products to banks, mortgage investors, loan officers, and real estate investors, and it also operates a consumer-facing valuation and home-shopping product under the ComeHome brand that lenders and brokerages embed on their own sites. In 2024 it introduced CanaryAI, a generative AI layer that lets users query its property data and market research in natural language rather than through dashboards. HouseCanary has raised roughly $206 million to date, with its most recent disclosed round a $65 million Series C in February 2020. The company has also expanded into operating as a licensed real estate brokerage in several states to support institutional single-family-rental portfolio transactions.

Founded
2013
Headquarters
San Francisco, United States
Sector
data

Tools

  • CanaryAI

    CanaryAI answers real estate questions using property data, valuations, forecasts, comps, rental estimates, and market insights.

Official website