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The New Stack for Flood Peril

BuildingFootprintUSA is building the New Data Stack for Flood Peril that supports your flood analytics and decision making.  By “Stack” we mean a set of data that you can utilize and implement at your pace – as you want to increase the sophistication of your analysis, you can draw from additional data components on the stack.

At BuildingFootprintUSA, we talk to customers in the flood industry who want a few things:

  • They want access to new information and data that support the increasingly sophisticated decision-making that flood peril analytics requires
  • They want to be able to ingest and use the straightforward datasets while exploring the more complex data to understand how best to utilize it
  • They need to see the value points of these new data solutions – new analytics on top of new data should drive lower implementation costs, more accurate peril identification resulting in accurate pricing and protection against unforeseen loss, and higher customer satisfaction.

If you’re in the flood peril business you are balancing the operations of your business with continuous improvement.  There is no easy button. You’re trying to improve your analytical decision making while finding the data fuel that powers your analytics.  The data wrangling and data sourcing becomes an immense task that takes you and your organization away from creating the new analytical methods that keep you at the top of your industry.

To learn more, check out our Flood Page.

 

 

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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