HomeCloud

HomeCloud

Verified
Tech-enabled home inspection alternative collects certified home data and then uses it to power a home management app. Learn more

Launch date
Employees
Market cap
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Net debt
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Enterprise valuation
$18—27m (Dealroom.co estimates Sep 2023.)
Raleigh North Carolina (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
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% growth-25 %
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round
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$4.4m

Early VC
Total Funding000k

Recent News about HomeCloud

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HomeCloud operates in the real estate and home management market, providing an innovative, technology-driven solution for homeowners and brokers. The company offers a unique home certification service, where a team member visits a client's home to capture videos and pictures. This data is then processed and supplemented with third-party data to provide insights about the home's condition, including the remaining life of various components, potential repairs, costs, and recommendations.

The company's primary clients are homeowners and real estate brokers. Homeowners benefit from a comprehensive understanding of their property's condition, which can be useful for maintenance, selling, or insurance purposes. Brokers, on the other hand, can use this service to provide potential buyers with detailed information about a property, enhancing their ability to make informed decisions.

HomeCloud's business model is service-based. They generate revenue by charging clients for the home certification service, which includes the home visit, data processing, and provision of the home report via their web app. The company also offers add-on services, such as radon testing, which provide additional revenue streams.

In essence, HomeCloud is a home management platform that leverages technology to provide homeowners and brokers with actionable insights about a property's condition. It's a solution that combines the traditional home inspection process with modern data processing techniques to deliver a comprehensive and user-friendly service.

Keywords: Home Management, Real Estate, Home Inspection, Data Processing, Home Certification, Homeowners, Brokers, Technology, Service-Based Business, Property Condition.