Nearmap Acquires Betterview

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.