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Hosta AI
AI-powered property assessment solution
- 21-100 employees
- B2B
- Artificial Intelligence
- Machine Learning
- SaaS
- East Cambridge, Cambridge, MA
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Company mission
To empower people and businesses with fast, accessible and trusted information about their built surroundings.
Our take
Hosta AI is an AI-driven property assessment platform. By simply taking a few photos, users can generate detailed measurements, floor plans, 3D models, and bills for materials, significantly speeding up the assessment processing and ensuring accuracy.
The company's technology, developed from MIT research and supported by various accelerator programs, simplifies property damage assessments and aids in quicker repair processes. The platform's ability to create precise estimates from photos addresses the rising frequency of insurance claims and the need for energy-efficient buildings.
As the industry grapples with challenges from climate change and increasing claim volumes, Hosta AI's solutions enable insurance companies to manage more claims at reduced costs.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Can be fully remote OR hybrid work environment (HQ in Cambridge, MA)
- Employee Stock Purchase Plan
- Health, Vision and Dental Insurance
- Healthcare and Dependent Care
- Flexible Spending Accounts
- Flexible paid time off (unlimited vacation and sick leave)
- Life Insurance
- Parental Leave
- 401K
Funding (last 2 of 3 rounds)
Nov 2021
$11.5m
SERIES A
Jan 2021
$0.2m
SEED
Total funding: $11.8m
This company has top investors
Leadership
Rachelle Villalon
(CSO)Before founding Hosta AI, they worked as an Independent Senior Software Engineer and Project Management Consultant.
Previously they were the Managing Director at Business Trends Academy (BTA). They also held the position of Head of Strategy Office at Peek & Cloppenburg as well as working as a Consultant at Porsche Consulting.