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Posted on 30/08/2023 in Real Estate

AI-Powered Property Search Raises $2M

Jitty, a London-based startup that is building an AI-powered property search engine, has raised $2 million in pre-seed funding. The round was led by Gradient Ventures, Google's AI fund, with participation from True., Tiny Supercomputer Investment Company, Angel Invest, Ventures Together, Mozza Angels, Unwritten Capital, Macks Managed Investments, Sequoia Capital and Atomico scout programs, and some angels.

The company will use the funds to continue to develop its AI technology and expand its team. Jitty's AI-powered property search engine will use large language models and computer vision to understand floor plans, photos, and descriptions of homes. This will allow users to search for homes that meet their exact specifications, such as the number of bedrooms, bathrooms, and square footage. Jitty will also provide users with information about the local area, such as schools, shops, and parks.

Jitty is co-founded by chief executive Graham Paterson, James Storer, and Daniel Cooper. The company is headquartered in London.

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