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BFUSA and True Flood Risk Partnership – November 2020

ALBANY NY – BuildingFootprintUSA, the premiere building-centric data creator, and True Flood Risk, a global AI-driven flood risk management platform, announce their partnership to deliver the most hyper-accurate, complete view of property-level flood exposure.  

BuildingFootprintUSA offers over 1,500 COPE attributes from their extensive data catalog, curated to the building level. True Flood Risk offers the patent-pending First Floor Height Estimator that instantly calculates the structural height of residential and commercial properties, and provides additional property attributes such as flood risk scores, presence of a basement and flash flood simulation assessments. The coupled offerings will be available via bulk data and API. 

“True Flood Risk’s offering is an important component to our Flood Data Stack,” said Karl Urich, Founder of BuildingFootprintUSA. BFUSA’s Flood Data Stack organizes a progressively more precise and sophisticated solution set of attributes to determine flood risk in the US. 

Shelly Klose, Founder and CEO of True Flood Risk, said, “We are excited about the synergies between our two companies. BuildingFootprintUSA’s expertise in building-centric data creation and curation, is a perfect complement to True Flood Risk’s flood-centric focus. Together we offer the most comprehensive view of flood risk.”

Learn more at https://buildingfootprintusa.com/   

 

About BuildingFootprintUSA

At BuildingFootprintUSA™, we develop next-generation geolocation data centered on the built environment — where people live, work, shop and play. Our hyper-accurate building data helps you make critical decisions that are highly dependent on location.

About True Flood Risk

True Flood Risk is a global AI-driven risk management platform that provides individual property data, geolocation intelligence and risk scores related to flood risk in real-time without an on-site inspection.

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LightBox

LightBox acquires industry leader BuildingFootprintUSA™

IRVINE, CA – February 1, 2021 – LightBox, a leading provider of commercial real estate data and workflow solutions, announced the acquisition of BuildingFootprintUSA™, the premier provider of building and structure boundaries for location analytics. With this acquisition, LightBox will immediately make building footprints available to its customers.

Connecting BuildingFootprintUSA datasets to LightBox data will create the industry’s only fully integrated parcel, building structure, and property attribute datasets for comprehensive location intelligence across the commercial real estate, telecommunications, routing & logistics, and insurance markets, as well as the broader geospatial ecosystem.

“This acquisition demonstrates our ongoing commitment to innovation that serves the commercial real estate ecosystem. We’re looking to replace existing information silos with industry standard linked datasets. Our parcels and property data will now be integrated with rooftop-level geocodes, addresses, and boundaries,” said LightBox CEO, Eric Frank. “We strongly believe the future is one of connected datasets and we want to drive this change for the commercial real estate industry in the US and Canada.”

BuildingFootprintUSA was founded in 2016 in Albany, New York. The company serves customers of all size within commercial real estate, telecommunications, insurance, and mapping solutions with high-accuracy location data to facilitate accurate site selection, routing, spatial analysis and data visualization. Customers leverage building geometry, height, and ground elevation data to assist in determining potential flood risks, expanding broadband connectivity, policy planning for safety and security, and broader geospatial analytics.

“Joining LightBox gives us an exciting opportunity to grow and deliver our data and solutions to a broader segment of the commercial real estate market in the US and Canada,” said Karl Urich, founder and president of BuildingFootprintUSA. “By combining our datasets with those of LightBox, we will be able to offer the most accurate boundary, address, and geocoding dataset available.”

To learn more about how you can begin leveraging solutions that combine the best of BuildingFootprintUSA and LightBox today, please visit lightboxre.com.

LightBox is building the world’s leading real estate information and technology platform. LightBox customers comprise all types of enterprises needing authoritative real estate data and workflow solutions, including brokers, developers, investors, lenders, insurers, environmental consultants, corporations, technology companies, and valuation professionals. LightBox is backed by Silver Lake and Battery Ventures.

Learn More About LightBox at lightboxre.com

At BFUSA LightBox, we develop next-generation geolocation data centered on the built environment — where people live, work, shop, and play. Our hyper-accurate building and address data helps customers make critical decisions that are highly dependent on location. Learn more about BFUSA.

Learn More About BFUSA