"Propvetter is a startup that uses artificial intelligence to streamline due diligence for commercial real estate owners, brokers and lenders."
"There's a great real estate ecosystem here that I can tap into in terms of business."
"Occuspace, a Marina del Rey-based firm, was born out of an idea in college to help avoid crowded places on campus."
"We built a sensor that you plug into a wall outlet, and it scans for Bluetooth and Wi-Fi signal data."
Los Angeles is becoming a key player in the proptech industry, with startups like Propvetter utilizing AI to enhance due diligence processes for real estate stakeholders. Founders like Eric Migicovsky express a strong connection to the region, appreciating the real estate ecosystem and the growth of new companies. Another example includes Occuspace, founded by Nic Halverson and Linus Grasel, which developed a sensor system to monitor crowd levels in public spaces, highlighting innovation in creating smart environments.
Read at therealdeal.com
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