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OpenHouse.ai raises $1.5 million for house-planning and marketing tool

Feb 07, 2024•over 1 year ago

Amount Raised

$1.5 Million

Round Type

seed

CalgaryArtificial Intelligence

Investors

Undisclosed Home BuildersTrico Ventures

Description

OpenHouse.ai has raised $1.5 million in a seed funding round led by Trico Ventures and undisclosed home builders from the US and Canada. The funding will be used to prepare for large-scale investments in product development and improve sales and marketing. The platform aims to help builders understand home buyers' needs and optimize construction operations with AI across North America.

Company Information

Company

OpenHouse.ai

Location

Calgary, Alberta, Canada

About

Calgary-based proptech startup providing an AI-powered house planning and marketing platform for builders. Founded in 2018, the platform offers insights to builders about desired features and floor plans in specific communities.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers