The real estate industry is witnessing a significant shift with the integration of AI-driven technologies. Among the front-runners in this space is Deepblocks, a Miami-based prop-tech startup that is simplifying site feasibility processes and empowering developers with data-driven insights.
The inception of Deepblocks and Visionary Leadership
Founded in 2016 by Olivia Ramos, Deepblocks was originally established in Silicon Valley. Ramos, a Miami native with an impressive academic background in architecture and real estate development, envisioned a platform that leverages artificial intelligence to streamline real estate investment opportunities. Her unique blend of expertise in architecture, software development, and real estate allowed her to create Deepblocks, which digitizes vast datasets to deliver precise, parcel-level development insights.
Ramos’ journey began with her work at DARPA’s Innovation House, where she discovered the transformative potential of data science. Furthering her passion at Singularity University, she combined software design with exponential technologies. Her academic pursuits took her through Columbia University, the University of Miami, and the University of Florida, all of which contributed to her holistic understanding of the real estate landscape.
Innovative Tools and Market Integration
Deepblocks offers a suite of high-precision digital tools that assist real estate developers and investors in identifying optimal sites for their projects. The platform integrates market trends, zoning data, demographics, economics, and construction activities into a comprehensive GIS-like interface. This allows users to explore various development scenarios, assess potential risks, and make informed, strategic decisions quickly. One of the standout features of Deepblocks is its market scanner functionality. This tool enables users to select a city and development criteria, view resulting properties on a parcel grid, and export potential sites of interest.
Additionally, users can analyze zoning requirements, market trends, and test building scenarios through a virtual platform that combines 3D modeling and financial analysis. The ability to export detailed project reports further enhances collaboration with stakeholders. Deepblocks operates on a SaaS business model, with subscriptions starting at $18 a month. The platform’s user base ranges from large investment funds to companies with development and acquisition arms, highlighting its broad appeal and utility.
Expanding Horizons and Embracing New Technologies
Since its inception, Deepblocks has raised $5.2 million in early-stage venture capital and is currently seeking an additional $2 million in an opportunistic bridge round. In 2017, Ramos relocated the startup to Miami, where the company now thrives with 17 employees, two of whom are based in South Florida. Ramos is enthusiastic about the growing MiamiTech movement, noting the influx of VC funding for Miami-based startups post-COVID-19. Deepblocks’ future ambitions include expanding its AI system to every US city and eventually to Latin America.
Additionally, Ramos sees an opportunity to incorporate tools that help users understand climate change risks, such as rising sea levels. With a keen interest in web3 technologies, Ramos envisions Deepblocks operating on the blockchain, enhancing transparency and accessibility of zoning data over time. Deepblocks is at the forefront of prop-tech innovation, offering powerful analytical tools that revolutionize the real estate industry. With Olivia Ramos’ visionary leadership, the startup is poised to continue its growth and make a lasting impact on real estate development and investment.
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