Nearmap Acquires Betterview
December 5, 2023
Nearmap has signed an agreement to acquire Betterview, a property-intelligence and risk-management platform that applies AI and computer vision to aerial imagery for insurance underwriting and claims. The deal will combine Nearmap's high-resolution imagery and geospatial tools with Betterview's AI-driven property attributes to expand capabilities and accelerate product development for insurance customers; financial terms were not disclosed and closing is subject to customary conditions.
- Buyers
- Nearmap
- Targets
- Betterview
- Industry
- Data & Analytics
- Location
- Utah, United States
- Transaction Type
- Buyout
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