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Serial entrepreneur Oliver Alexander, known for starting companies in rural health care and co-working, has launched a new AI startup called Prophetic. The platform aims to address inefficiencies in real estate development by providing software solutions for developers. Prophetic has been in a soft launch phase on the West Coast and is set for a more public launch in September.
The software collects data on various aspects surrounding a property, such as zoning requirements, ownership details, transit information, demographics, and more. Prophetic utilizes artificial intelligence to analyze and showcase the development potential of different land parcels. Alexander's experience with previous ventures has influenced the development of Prophetic, which is tailored to help users efficiently navigate the real estate market.
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