RealtyBizNews - Real Estate Marketing and Beyond
Real Estate Marketing & Beyond
Home » Real Estate Technology » Industry Technology » iRecommend Software lands .85M to fund its real estate recommendation engine

iRecommend Software lands $1.85M to fund its real estate recommendation engine

By Mike Wheatley | December 21, 2017
  • Tusla-based artificial intelligence software firm iRecommend Software, a startup developing a next-generation recommendation engine for retail, recruiting, real estate, entertainment, and healthcare industries, has closed on a $1.85 million Series A investment round of funding.

    realestate management software

    Built on artificial intelligence, deep learning, and a proprietary algorithm to leverage available big data from thousands of data feeds, iRecommend's platform is able to generate the most highly-relevant, user-specific recommendations across retail, recruiting, real estate, entertainment, and healthcare industries. Simply put, iRecommend provides the right product to the right person at the right time.

    The funding was led by i2E, Inc. with participation from co-investors Warren Foundation (Tulsa), Falcon Partners (Houston), and other strategic investors. The Series A round will be used to expand global sales and marketing efforts, complete a large online retail client integration, and commercialize SaaS subscription modules for real estate and recruiting industries.

    The investment builds on an exceptional year for iRecommend that included the formation of the company from a four-year R&D, beta release for recruiting and real estate business modules, and beta testing for a large online retail client to provide recommendations for its 40M+ users.

    "While the term 'recommendation engine' is relatively new, we experience recommendation engines every day when we shop 'recommended deals' on Amazon, watch 'matched' movies on Netflix, or receive 'recommended listings' from Zillow. While the great majority of companies use limited data points to make recommendations, iRecommend provides much deeper, current data for our clients, allowing our AI Agent, Sophia, to provide superior, highly accurate, and personalized recommendations for each user," said John Morad, Founder & CEO of iRecommend.

    He added, "This round of investment plays a significant part in our strategic plan, allowing us to expand marketing and sales globally."

  • One comment on “iRecommend Software lands $1.85M to fund its real estate recommendation engine”

    1. Difinitely there is a big chance for retail and real estate market to get much leads through this software .But there will always a sales team who convert leads for companies. 🙂 iRecommend software is useful in near future for company owners.

  • Advertise with RealtyBizNews - Media Kit
  • real estate digital marketing
  • Get Free Digital Marketing Training
    right to your inbox
    All Contents © Copyright RealtyBizNews · All Rights Reserved. 2016-2022
    Website Designed by Swaydesign.
    linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram