Sequoia Capital led the round
Tech startup Skyline AI raised $18 million in a Series A round after only four months of operation. The round was led by Sequoia Capital with participation from TLV Partners and JLL Spark, according to a company press release.
What they do: The Israeli Startup uses machine learning to help real estate investors identify solid investment opportunities. It also analyzes owners’ portfolios to help guide them when to raise rents, renovate, or sell.
Be Smart: While the startup uses buzzwords like AI, it’s unclear what transformative technology they bring to the table.