HOVER Inc. - Market Research Report
Company Overview
Name:
HOVER Inc.
Mission of the Company:
HOVER's mission is to help people improve their homes with the world’s best 3D property data.
Founded:
No information is available.
Founders:
No information is available.
Key People:
- A.J. Altman - Founder & CEO
Headquarters:
San Francisco, with an office in New York City, and employees distributed across the US.
Number of Employees:
No information is available.
Revenue:
No information is available.
Known For:
HOVER creates accurately-measured, customizable 3D models of homes from smartphone photos. This helps homeowners visualize projects before starting them, and allows professionals to save time and money while being more transparent and collaborative.
Products
List of Products:
1. 3D Property Models
2. Design Tools for Homeowners
3. Productivity Tools for Professionals
4. Collaboration Tools
High-Level Description of the Products:
HOVER's platform generates interactive 3D models of properties using smartphone photos, and offers a suite of tools for both homeowners and professionals to visualize, design, measure, and estimate projects.
Key Features of Each Product:
1. 3D Property Models:
- Converts smartphone photos into interactive 3D models of properties.
- Provides accurate measurements for properties.
2. Design Tools for Homeowners:
- Visualize real products (roofing, siding, windows, etc.) on a 3D model of homes.
- Helps in creating custom designs and getting design inspiration.
3. Productivity Tools for Professionals:
- Easier, more accurate measurements.
- Automatic estimations.
- Populated takeoffs.
- Direct materials ordering.
4. Collaboration Tools:
- Allows homeowners and professionals to work together, either virtually or in person.
- Select materials, build estimates, and sign proposals.
Recent Developments
New Products Launched:
- Feb 15, 2023: Digital Measuring and Estimation Tools for New Construction Projects in partnership with ABC Supply.
- Nov 09, 2022: Estimation Solution now includes Siding.
- Sep 20, 2022: Capabilities expanded to provide measurements and floor plans of property interiors.
- Aug 08, 2022: New Construction Solution with the capability of creating 3D models from blueprint designs.
New Features Added to Existing Products:
- Sep 14, 2022: Partnered with SRS Distribution for streamlined digital materials ordering.
- Apr 25, 2019: Introduction of the first digital marketplace for renovations.
New Partnerships:
- Feb 07, 2023: Collaboration with Verisk to enable a faster and more efficient claims solution.
- Mar 30, 2022: Partnership with Seek Now for inspection platform integration.
- Sep 21, 2021: Collaboration with USAA to enhance the property claims experience.
- Jan 12, 2021: Partnership with Amica Mutual Insurance and CoreLogic for underwriting inspections.
- Oct 20, 2020: Partnership with SRS Distribution, Inc.
- Jul 16, 2020: Enterprise partnership with Crawford & Company.
- Oct 23, 2019: Partnership with Hancock Claims Consultants for improved roof and property inspections.
- Jun 25, 2019: Collaboration with Pacesetter Claims Service to expedite claims process.
- Jun 18, 2019: Partnership with U.S. Adjusting Services.
- Jan 29, 2018: Series B funding led by GV, Standard Industries, and The Home Depot.
Other Notable Information:
- Feb 15, 2023: ABC Supply contractors can now take full advantage of HOVER's single, connected digital experience from measuring to estimating for new construction projects.
- 2021: Named to Inc. magazine's Annual List Of Best Workplaces.
- Jun 15, 2022: Named to CB Insights' first annual Insurtech 50 list.
All the above information is sourced from extensive data provided and organized to present a comprehensive view of HOVER Inc.'s market position and recent activities. No additional commentary is included.
