New York City and Tel Aviv based Localize.city, a start-up that specializes in supporting home buyers and renters through the use of Artificial Intelligence, announced recently that since its New York pilot, it has partnered with local real estate technology companies and brokerage firms to integrate technology by Localize.city into their websites.
These partners include cloud-based apartment searching software developer Nestio Inc., real estate listing platform RealtyMX, brokerage company LG Fairmont, Inc., and real estate listing platform Igluu.
Localize.city, using AI algorithms to collect and analyzes data from thousands of public, commercial, and proprietary databases to offer real estate insights successfully completed an $8 M funding round back in May of this year.
The company was established in 2016 by key members of the teams which are responsible for Taboola and Trusteer (which was sold to IBM for $700 million). Localize’s founder and CEO, Asaf Rubin, previously headed algorithm development at Taboola. Localize President and director of US operations Steve Kalifowitz lead strategic operations in Asia-Pacific and the Middle East for Twitter. Mushon Zer-Aviv, who designed the map experience for Waze, is the head of design.
Localize.city currently has 110 employees, 90 at its R&D center in Tel Aviv and 20 at its New York City offices. The company’s founding team served as algorithm researchers at IDF’s elite technological unit and graduated from the Rothschild Scholars Technion Program for Excellence. They met during their studies and military service. The company plans to increase the staff by 20% between Tel Aviv and New York, adding designers, data scientists, software developers and product managers.
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