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EagleView Technologies
IndustryTechnology
Founded2008
FounderChris Pershing & Dave Carlson
Headquarters
Bothell, Washington
Key people
Chris Barrow (CEO) & Chris Pershing (CTO)
ProductsAerial imagery, Data analytics & GIS solutions
OwnerVista Equity Partners
Websiteeagleview.com

EagleView Technologies is a technology provider of aerial imagery, data analytics and geographic information system solutions based in Bothell, Washington in the Seattle metropolitan area with operations in Rochester, New York.[1][2][3] The company was founded by Chris Pershing and Dave Carlson in 2008.[4][5] Pershing is the company CTO with Chris Barrow as the president and CEO.[1][2][6] EagleView merged with aerial image company Pictometry International in 2013 and was acquired by Vista Equity Partners in June 2015.[3][7]

History

EagleView was founded in 2008. After talking with his brother-in-law Dave Carlson, who was a roofing salesperson at the time, software engineer Chris Pershing came up with the idea to develop software that could measure a roof using photography.[4][5][8] Pershing found that aerial photography provided a close view with high resolutions that were able to obtain accurate roof measurements.[4][8] Using a birdhouse as a model, Pershing developed software that uses algorithms to infer size, shape, pitch and area of the roof.[8]

Pershing filed the first EagleView patent in spring 2007.[4] The company launched in early 2008 and brought on Chris Barrow, a tech executive, a few months later to be CEO with Pershing as the company’s CTO.[5][8] On December 13, 2011, EagleView's first U.S. patent was issued.[5] The company merged with aerial image company Pictometry International in 2013.[3][9]

In 2012, EagleView provided tens of thousands of roof and wall reports in response to the damage done by Hurricane Sandy. The 3D modeling and measurements of the properties’ roofs and walls assisted in analyzing the storm’s effects on homes and buildings quicker and with more accuracy.[10][11] The company provided the same service in response to the 2013 Oklahoma tornadoes.[12]

In January 2014, Verisk Analytics announced a $650 million acquisition of EagleView Technologies in order to add an image library encompassing about 90 percent of U.S. structures. 11 months later, the takeover failed following a vote by the Federal Trade Commission (FTC) due to antitrust concerns.[13][14][15][16]

They were ranked the 62nd fastest-growing company in North America on the 2014 Deloitte’s Technology Fast 500.[1] The same year, EagleView was chosen by Seattle Business magazine as one of "Washington’s 100 Best Companies to Work For” for the third consecutive year.[17]

In June 2015, it was announced that EagleView was acquired by Vista Equity Partners for an undisclosed sum.[7]

Software

The first tool that EagleView invented and released in 2008 was aerial roof measurement technology.[9] The software uses algorithms to infer size, shape, pitch and area of the roof.[8] Aerial photos are collected from public sources such as county land records or private databases. The software matches edges, colors and shapes to create a 3D image of the roof.[5]

In 2011, EagleView introduced a solar 3D-roofing report for solar integrators and solar installers that estimates solar exposure, rafter lengths, grid layout and overall roof orientation in degrees.[6]

In fall 2012, EagleView added wall measurement reports that assess damage to siding, walls and windows to its products.[9][18]

In 2014, EagleView introduced the QuickSquares report and QuickSquares app which allows contractors to create a customized estimate report including an aerial photo of the proposed property to give to the owner before a sale is made.[19]

References

  1. ^ a b c "EagleView Technologies Ranked Number 62 Fastest-growing Company in North America on Deloitte's 2014 Technology Fast 500". directionsmag.com. Directions Media. Retrieved 11 August 2015.
  2. ^ a b "EagleView Technologies Is Changing the Way Contractors Do Business". roofingcontractor.com. BNP Media. 12 July 2010. Retrieved 11 August 2015.
  3. ^ a b c Bishop, Todd (8 January 2013). "Aerial merger: Pictometry, EagleView combine to create $100M company". geekwire.com. GeekWire, LLC. Retrieved 11 August 2015.
  4. ^ a b c d "EagleView® Aerial Measurement Reports: How an Idea Changed the Industry". roofingcontractor.com. BNP Media. 18 August 2011. Retrieved 11 August 2015.
  5. ^ a b c d e Tozzi, John (8 December 2011). "EagleView's Software Measures Rooftops With Photos From the Sky". bloomberg.com. Bloomberg L.P. Retrieved 11 August 2015.
  6. ^ a b Edwards, Karen L. "Calculate Solar Exposure: Contractors utilize new technologies to provide solar installations". InterPV Magazine.
  7. ^ a b Risley, James (16 June 2015). "Aerial rooftop measurement firm EagleView purchased by Vista Equity". geekwire.com. GeekWire LLC. Retrieved 11 August 2015.
  8. ^ a b c d e Alsever, Jennifer (9 December 2011). "One small company reinvents a $30 billion market". money.cnn.com. Cable News Network. Retrieved 11 August 2015.
  9. ^ a b c "Turning Technology Into Tools for Success". roofingcontractor.com. BNP Media. 15 July 2013. Retrieved 11 August 2015.
  10. ^ "How Prepared Will You Be For The Next CAT Event?". propertycasualty360.com. PropertyCasualty360. 25 February 2013. Retrieved 11 August 2015.
  11. ^ "The Amazing Aerial Photos Of Sandy's Destruction That Are Helping Rebuild The Region". fastcoexist.com. Mansueto Ventures, LLC. Retrieved 11 August 2015.
  12. ^ "Pictometry Aids in Oklahoma Devastation". rochesterhomepage.net. Nexstar Broadcasting, Inc. 4 June 2013. Retrieved 11 August 2015.
  13. ^ "Verisk Analytics Ends Effort to Acquire EagleView Technology Corporation". finance.yahoo.com. 16 December 2014. Retrieved 11 August 2015.
  14. ^ Daneman, Matthew (13 January 2015). "EagleView: 2015 to be a growth year". democratandchronicle.com. Gannett Company. Retrieved 11 August 2015.
  15. ^ Tracer, Zachary (17 December 2014). "Antitrust Concerns End Verisk Bid for Rival EagleView Technology". insurancejournal.com. Insurance Journal. Retrieved 11 August 2015.
  16. ^ "Verisk Analytics, Inc., and EagleView Technology Corporation Update Status of EagleView Acquisition". marketwatch.com. MarketWatch, Inc. 29 September 2011. Retrieved 11 August 2015.
  17. ^ "EagleView Technologies Named Best Company for Third Consecutive Year". directionsmag.com. Directions Media. 30 June 2014. Retrieved 11 August 2015.
  18. ^ "Large Carrier Sees Incredible ROI Using Technology for Siding Claims". propertycasualty360.com. PropertyCasualty360. 1 March 2015. Retrieved 11 August 2015.
  19. ^ "Eagleview Technologies Quickview is a Game Changer". digital.bnpmedia.com. BNP Media. Retrieved 11 August 2015.
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