We are thrilled to announce that City Detect has successfully raised $2 million in our latest funding round, a significant investment that will help us continue our mission of transforming communities through advanced technology. Led by our visionary CEO and Co-Founder Gavin Baum-Blake and Founder and CTO Dr. Erik Johnson, City Detect utilizes state-of-the-art mounted cameras and artificial intelligence to automatically assess the exterior condition of every house throughout a city. This innovative approach enables non-profits and local governments, including notable partners like The City of Birmingham and the Protective Life Foundation, to effectively map property degradation and blight in their communities.
The funds raised will be strategically invested in expanding our technological capabilities and enhancing the accuracy of our data analytics. This will allow us to provide even more detailed insights into the conditions of residential properties, thereby empowering stakeholders to allocate their resources more efficiently to those neighborhoods and homeowners most in need. With this new capital, City Detect is poised to deepen its impact in the urban revitalization landscape, ultimately fostering healthier, safer, and more vibrant communities. We are committed to leveraging technology to drive positive change, and we can't wait to share the exciting developments that lie ahead as we set our sights on a future where every community thrives. Thank you to our investors for their belief in our vision and the transformative power of our platform!
