Seattle Tech Boom From Amazon to Zestimate
Summary
He adds, “Since our internal team has already built the most accurate home value estimate available, Zillow can rapidly incorporate and leverage new ideas coming in from external teams.” As of Friday afternoon, 222 teams were listed on the Zillow Prize competition page, hosted by Kaggle, an online data science community and competition platform (backed by investors including Seattle-based Voyager Capital) that Google Cloud acquired earlier this year.Humphries says Zillow’s first mover advantage and ability to incorporate ideas from outside its own data science team stems from its enormous database of homes, “which allows us to better leverage many types of algorithmic improvements.Moreover, we are eager to tap into ideas from other industries utilizing machine-learning solutions that may translate well into the real estate domain—ideas from biotechnology, computer vision, driverless cars and financial markets, to name a few.” —Some of the newcomers are no doubt working at one of the fast-growing startups that announced significant funding rounds this week.Smartsheet, Outreach, Echodyne, Bulletproof 360, and Discuss.io announced a cumulative $135.1 million in new funding—accounting for 27 percent of the venture capital invested locally so far this year, according to data from Seattle-based PitchBook.We caught up with Membrion founder and CEO Greg Newbloom at the UW’s Alaska Airlines Environmental Innovation Challenge in March, where his company won $6,000.
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