2017 HW Tech100 Winner: BuildFax
Tech platform offers access to robust building permit data
LENDING, SERVICING, INVESTMENTS, REAL ESTATE
BuildFax leverages more than 23 billion data points on residential and commercial structures and covers more than 70% of the U.S. population to provide access to the wealth of property history and condition information contained in permit data.
The company receives 1,000 new property insights per minute on its robust technology platform. BuildFax has learned a lot about how building permit data predicts loss and tells the story of property history, improvements, structural risks and changes over time.
Due to the adoption of data from the BuildFax platform, the company’s revenue has nearly doubled in the last 24 months and the company is on pace to double again in the next 18 months.