4.6 • 683 Ratings
🗓️ 7 May 2020
⏱️ 22 minutes
🧾️ Download transcript
A.J. Altman is founder & CEO of HOVER, a mobile app that is transforming homeownership by creating 3D home models from smartphone photos. Prior to founding HOVER, A.J. was an engineer at Intel Corporation and served as an infantry officer in the United States Marine Corps.
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0:00.0 | Founded Hover after serving in the military, now serving tens of thousands of contractors. |
0:04.6 | They simply take pictures of houses or things they're doing repairs or painting or roofing on |
0:08.8 | and they using, you know, really incredible technology they've put together, create a 3D model |
0:12.6 | which unlocks all kinds of value. |
0:14.5 | They charge anywhere between 40 and kind of $60 per scan, have a big long tail, but also |
0:18.8 | big corporate accounts as well well 115 people on the team |
0:21.8 | $42 million raised obviously burning capital to drive growth hoping to stay at you know |
0:25.7 | four X you over year growth and you know wouldn't be surprised if he hits 50 million bucks this year |
0:29.8 | in revenue we'll see what happens hello everyone my guest today is a j altman he's the founder |
0:35.4 | and CEO of hover a mobile app that is transforming |
0:37.7 | homeownership by creating 3D home models from smartphone photos. Prior to founding the company, |
0:42.6 | he was an engineer at Intel Corporation and served as an infantry officer in the United |
0:45.6 | States Marine Corps. Say J. Are you ready to take us to the top? Hi, Nathan. Yes. All right. |
0:49.9 | Thanks for the time. You bet. All right, so tell us about this company, Hover. What's the, first off, what do you guys doing and what's your revenue model? Is it a pure play |
0:56.6 | SaaS company? Yes. So not quite. What we do, you know, the boring way of saying is we generate |
1:03.2 | property data. I think that the interesting way of saying it and what's truly unique about it. There are two things. One, you know, in a simple way, |
1:12.7 | you pull out a smartphone with our app |
1:14.3 | and you take a few photos of your home |
1:15.9 | or any building object and within about an hour, |
1:18.1 | you have a complete structured 3D data set |
1:20.3 | of that building on your phone or in the cloud. |
1:24.4 | So cool technology, we use computer vision |
... |
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