
Cape Analytics
Founded Year
2014Stage
Series C | AliveTotal Raised
$75MLast Raised
$44M | 2 yrs agoAbout Cape Analytics
Cape analytics revolutionizes the way information about the built environment is created and consumed. The company enables insurers and other property stakeholders to access valuable property attributes at the time of underwriting with the accuracy and detail that traditionally required an on-site inspection. It was founded in 2014 and is based in Palo Alto, California.
Cape Analytics's Product Videos


ESPs containing Cape Analytics
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The virtual property appraisals market utilizes technology to conduct property appraisals remotely, eliminating the need for in-person visits. This market offers solutions that leverage tools such as virtual tours, satellite imagery, and data analysis to assess the value and condition of properties. By engaging in the virtual property appraisals market, businesses can benefit from increased effici…
Cape Analytics named as Leader among 12 other companies, including Betterview, OpenSpace, and Zesty AI.
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Cape Analytics's Products & Differentiators
Home Insurance Property Intelligence
Delivers critical property understanding needed by personal lines carriers for new business rating, quoting, underwriting, and renewals via real-time API. Features 60+ AI-derived property characteristics including Roof Condition Rating (RCR), the gold standard score for carriers in a category created by CAPE Analytics. RCR is highly predictive of insurance claims, replacing inferior methods of assessing roof condition. Carriers streamline customer experience with rapid quoting and underwriting and improve loss ratios. This property intelligence is used by over 70 major US insurance carriers.
Research containing Cape Analytics
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CB Insights Intelligence Analysts have mentioned Cape Analytics in 5 CB Insights research briefs, most recently on Feb 22, 2023.
Expert Collections containing Cape Analytics
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cape Analytics is included in 8 Expert Collections, including AI 100.
AI 100
99 items
Banking
380 items
Startups providing solutions to banks to automate processes and operations.
Insurtech
4,060 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Artificial Intelligence
10,627 items
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Fintech
7,985 items
US-based companies
Insurtech 50
50 items
Cape Analytics Patents
Cape Analytics has filed 20 patents.
The 3 most popular patent topics include:
- Real estate
- Artificial neural networks
- Machine learning

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
11/18/2021 | 5/2/2023 | Machine learning, Classification algorithms, Artificial neural networks, Google services, Geocodes | Grant |
Application Date | 11/18/2021 |
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Grant Date | 5/2/2023 |
Title | |
Related Topics | Machine learning, Classification algorithms, Artificial neural networks, Google services, Geocodes |
Status | Grant |
Latest Cape Analytics News
May 24, 2023
AI geospatial property intelligence company CAPE Analytics is working with The Hanover Insurance Group to make the most of more accurate property information for underwriting, their executives said. Busy Cummings, chief revenue officer at CAPE Analytics. "Speaking generally to the industry, carriers are leveraging CAPE data for ratings on roof condition, solar panels, overhanging trees and swimming pools," said Busy Cummings, chief revenue officer at CAPE Analytics. "These can all be derived faster, and with more accuracy from CAPE aerial or imagery based models than traditional third-party data sources." By identifying key property characteristics quicker and more accurately than third parties, CAPE will provide Hanover with intelligence it can leverage. "We continue to push the boundary of what's possible by integrating CAPE's capabilities, like underwriters reviewing residential roof quality and other homeowner potential issues like yard debris and the presence of pools and trampolines," said Tim Dillahunt, vice president of underwriting operations and strategy at The Hanover, in a press release. "The Hanover's commitment to investing in technology provides independent agents with a better understanding of risk and more accurate pricing." CAPE is working with Hanover to improve workflows, enhance pricing segmentation and push its technology to perform better underwriting. "Traditionally, the industry has leveraged roof age as a data point to understand useful remaining life or how much risk and likelihood for a claim to occur in a weather event," Cummings said. "You and I could both have 10 year old roofs, but depending on where we are and the covering material and the slope and the direction they're facing, they've aged at different rates and therefore have different useful remaining life." "We impact across the board, helping carriers on the loss ratio side with eliminating those poor risks or pricing for them," Cummings said. "If it still fits within the appetite, but it's going to cause a higher rate, we lower the expense ratio from inspection optimization, making sure that you're not sending out an inspection team when CAPE says everything's great." Other key risks to evaluate when assessing residential properties include livable square footage and quality of interiors, according to Cummings. "Those are two of the data elements that are most incorrect in the industry through various sources, and have the biggest impact, when they're incorrect, on replacement costs and therefore coverage," he said. By Alastair Marsh By Leslie Kaufman and Tim Quinson May 23
Cape Analytics Frequently Asked Questions (FAQ)
When was Cape Analytics founded?
Cape Analytics was founded in 2014.
Where is Cape Analytics's headquarters?
Cape Analytics's headquarters is located at 411 High Street, Palo Alto.
What is Cape Analytics's latest funding round?
Cape Analytics's latest funding round is Series C.
How much did Cape Analytics raise?
Cape Analytics raised a total of $75M.
Who are the investors of Cape Analytics?
Investors of Cape Analytics include State Auto Labs, The Hartford, State Farm Ventures, Formation 8, The Cincinnati Insurance Companies and 17 more.
Who are Cape Analytics's competitors?
Competitors of Cape Analytics include Betterview, Pupil, Descartes Labs, Zesty AI, ICEYE, TensorFlight, HazardHub, CoreLogic, Arturo, CrowdAI and 13 more.
What products does Cape Analytics offer?
Cape Analytics's products include Home Insurance Property Intelligence and 4 more.
Who are Cape Analytics's customers?
Customers of Cape Analytics include The Hartford and Hippo.
Compare Cape Analytics to Competitors

Betterview offers a property intelligence and risk management platform. The company provides monitoring, property issues detection, automation flags, and other features. It also delivers wildfire, hurricane, and hail risk insights and a catastrophic (CAT) response system. The company was founded in 2014 and is based in San Francisco, California.

Zesty AI provides an artificial Intelligence-enabled building analytics platform. The company provides consumers with a digital purchasing experience and manages home inspections. It was formerly known as PowerScout. The company was founded in 2015 and is based in San Francisco, California.

Descartes Labs is a geospatial intelligence company that performs scientific analysis of geospatial, remote sensing, and diverse complementary data sets to enable sustainable sourcing best practices, commodity price forecasting, and efficient mineral exploration for CPG, Agriculture, and Mining companies. Its SaaS platform automates the analysis of geospatial imagery for our users, enabling planetary-scale analysis. The company also supports a diverse set of federal government efforts to curate, analyze, and provide unique insights from geospatial data. The firm was founded in 2014 and is based in Santa Fe, New Mexico.

CoreLogic is a property information, analytics, and data-enabled services, provider. The company combines public, contributory, and proprietary data to develop predictive decision analytics and provide business services that bring insight and transparency to the markets it serves. These markets include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic has built a U.S. real estate, mortgage application, fraud, and loan performance database and is a provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. It was founded in 1997 and is based in Irvine, California.

SpaceKnow tracks global economic trends from space through its Internet-as-a-service products. SpaceKnow empowers decision-makers with ultra large-scale planetary analysis through its AI-powered analytics engine and collection of earth observation imagery.

CrowdAI is an image recognition software that combines machine learning, computer vision, and human intelligence to maximize value for self-driving car, automated drone, and satellite image companies. Currently targeting enterprises, CrowdAI accurately and cheaply provides scalable, high-quality image annotation, with plans to enter industries like medical imaging and the military.
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