Clear Capital, the national real estate analytics, data solutions, and valuation technology company, recently announced its acquisition of Restb.ai, a Barcelona-based company utilizing artificial intelligence-(AI) powered computer vision technology for the valuation and real estate industries, to bring deeper property intelligence to real estate decision-making globally, Clear Capital announced in a press release.
This acquisition adds Restb.ai’s image recognition and data enrichment capabilities to Clear Capital’s product suite, which also includes CubiCasa, the digital floor plan and virtual tour company Clear Capital acquired in 2021.
Together, Clear Capital, CubiCasa and Restb.ai will help customers to holistically understand the information that shapes real estate and mortgage decisions from valuation and floor plans to property condition and characteristics — reducing blind spots in property analysis and supporting faster, more confident decisions.
“Joining forces with Restb.ai allows us to modernize the valuation landscape. By embedding AI-driven property intelligence into our valuations and mobile floor plan technology, we’re increasing accuracy of decision making for housing finance,” Clear Capital CEO Duane Andrews, said in the release. “These enhancements will bring greater transparency and data quality to real estate decisions. Together, we are empowering our customers with a sophisticated, modern framework that brings confidence to every real estate decision.”
Clear Capital and CubiCasa plan to integrate Restb.ai’s technology across their platforms while retaining the Restb.ai brand.
“Clear Capital shares our vision for turning visual property data into trusted, decision-ready intelligence,” Xavi Hernando, CEO and co-founder of Restb.ai, said. “This empowers Restb.ai with additional resources to accelerate innovation while continuing to support the customers, partners, and brands that have made us a leader in AI-powered computer vision for real estate.”
Restb.ai Chief Operating Officer Antoni Cosa pointed out his company’s “unique” synergies will equip real estate professionals with the data required to enable better decisions, smoother workflows, and more accurate alignment between buyers, lenders, and properties.
“By integrating with Restb.ai, we’re excited to create even more value to the MLS and Real Estate ecosystem,” CubiCasa President Jeff Allen, said. “With this combination, we can provide additional value and capabilities to the real estate industry with the same 5-minute scan.”