KayoCloud, the first cloud-based commercial real estate brokerage, has emerged from stealth mode. After seeing usage on its enterprise platform surge during the pandemic, the company is now offering its powerful software and machine learning technology directly to individual brokers. To date, the venture-backed startup has partnered with traditional firms to facilitate over $427 million in commercial investment sales volume, according to Crain’s.
- Be Smart: The company’s end-to-end technology includes its AI lead-gen and micro-targeting capabilities known as Arrow + Dart. KayoCloud’s Dart uses survival analysis to foresee properties that will hit the market, and Arrow micro-targets relevant buyers to sell deals.
- Worth Noting: The virtual commercial brokerage has already onboarded 29 agents –– many of whom used the technology at their previous firms. eXp World Holdings is the corollary on the residential side, and already boasts a market cap over $3.3 billion.