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Draft:reAlpha Techcorp

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reAlpha Techcorp
Company typePublic
IndustryReal estate, technology
FounderGiri Devanur[1]
Headquarters,
United States
Websitewww.realpha.com

reAlpha Techcorp (NASDAQ: AIRE[2][3]; also known simply as reAlpha) is a publicly held American real estate technology company.[4] reAlpha is publicly traded on Nasdaq.[5]

Overview[edit]

reAlpha specializes in real estate technology that uses artificial intelligence to assist with short-term rental property (STR) investments.[6] It primarily focuses on retail investors.[7]

One of reAlpha's products is GenA, a software application that creates property listing descriptions using generative AI.[8] It was originally called BnBGPT.[9] The software can tailor its AI-generated descriptions to the needs of different platforms such as Airbnb, Zillow, Realtor, and others.[10]

Since its acquisition of Naamche in 2023, reAlpha plans to use Naamche's AI for its real estate software.[1]

History[edit]

reAlpha was established in 2020 and is currently headquartered in Dublin, Ohio.[11] Its chief executive is Giri Devanur.[1]

In 2023, reAlpha acquired Rhove, a real estate syndication platform.[12][13][14][15] It also announced that it will acquire Naamche, a technology company.[16][17]

References[edit]

  1. ^ a b c "reAlpha Tech Corp. Expands AI Frontier with Acquisition of Naamche for Innovative Real Estate and Digital Solutions". December 4, 2023.
  2. ^ "AIRE: reAlpha Tech Corp Stock Price Quote - NASDAQ CM - Bloomberg". Bloomberg.com.
  3. ^ "reAlpha Tech Corp. (AIRE) Stock Price, News, Quote & History - Yahoo Finance". finance.yahoo.com.
  4. ^ "reAlpha Announces Effectiveness of Registration Statement for Proposed Direct Listing of Its Common Stock on Nasdaq". Yahoo Finance. October 23, 2023.
  5. ^ https://www.nasdaq.com/videos/realpha-tech-corp.-rings-the-nasdaq-stock-market-closing-bell
  6. ^ "ReAlpha acquired Nepal-based Naamche". Inman.
  7. ^ "reAlpha Company Profile: Stock Performance & Earnings". PitchBook.
  8. ^ "reAlpha Announces Commercial Launch of GENA, a Product for Property Listing Descriptions Powered by Generative-AI". Yahoo Finance. November 1, 2023.
  9. ^ Spencer, Greg. "ReAlpha launches generative AI home-listing writer - AIM Group". aimgroup.com.
  10. ^ "ReAlpha Tech Corp. Announces Commercial Launch of GENA, a Product for Property Listing Descriptions Powered by Generative-AI". www.marketscreener.com. November 1, 2023.
  11. ^ "reAlpha Company Profile: Stock Performance & Earnings | PitchBook".
  12. ^ "reAlpha Asset Management Inc. Acquires Real Estate Syndication Platform Rhove". Yahoo Finance. March 29, 2023.
  13. ^ "reAlpha Asset Management Inc. Acquires Real Estate Syndication Platform Rhove". www.businesswire.com. March 29, 2023.
  14. ^ https://www.bizjournals.com/columbus/inno/stories/news/2023/03/29/realpha-acquires-rhove-airbnbstartups.html
  15. ^ Borkar, Isha (April 5, 2023). "reAlpha buys Rhove to "democratise real estate investing"".
  16. ^ "reAlpha Tech Corp. to Acquire Naamche to Develop Next-Generation AI Solutions in Real Estate and Diverse Digital Platforms". www.businesswire.com. December 4, 2023.
  17. ^ "reAlpha to Acquire Naamche for Next-Generation AI Solutions in Real Estate". realtybiznews.com. December 5, 2023.

External links[edit]