Technology

The harmonious supporter of Lauren Kulodni is betting on artificial intelligence to revolutionize real estate treatment

Lauren Kulodini, a partner in Coro Capital, has always supported the power of technology to give a democratic character access to the financial services of ordinary people.

When the emerging Neobank resonance in order to persuade investors in 2016 that he could build a large work that serves the working class, Kolodny was Only vc Of the 100 ringing, he agreed to support the company, and enter with a Extending 9 million dollars When nearly money was.

This betting pushed a great time. Last month, harmony was announced in a Evaluation of $ 14.5 billion.

Kolodny, who appeared in the Forbes Midas menu for three consecutive years, is still excited to invest in technology solutions that help consumers increase their resources.

It recently led an investment of $ 20 million in the A series A AlexIt is a startup that benefits from artificial intelligence to automate real estate settlement.

The founder of Alex, Alexandra Misoor, realized the burden of implementing a family property after she was offered to help her best friend in settling the late mother’s affairs. MySoor Techcrunch told her that it took 900 hours and 18 months to complete tasks such as contacting the bank to transfer assets, select all 401 (k), cancel accounts, and distribute assets among family members.

“I was shocked that this process was very difficult,” said Missurur. “It is driven by paper. It’s old. You are the Google’s duties. You are not beneficial. You are connected to the lawyers who may do a shrapnel from work, and they cost thousands and thousands of dollars.”

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This MySOOR experience gave the idea that some of the most intense aspects of confidence management, including scanning and extracting data from documents, advanced complex forms, and communications with banks, can now be addressed by artificial intelligence agents.

When Kolodny MySooor met and learned about the problem she was taking alix, the issue was so deeply resonated with the Midas List investor that she could not get it out of her mind.

Kulodni realized that although economists appreciate this Trillion dollars It will be transferred to the generations of the millennium and General Z over the next two decades. The paperwork surrounding real estate is still a burden on those who mourn the loss of their parents.

While some startups sympathy It provided assistance in the closing accounts as part of their bereavement support, Kolodny discovered that no comprehensive and start -up services companies provided.

“How can there be a chaotic problem that includes a lot of project management so that there are not even meaningful services?” ” “This was the real moment for me. This is exactly the type of problem that artificial intelligence should solve.”

Culodini said she believes that Alex is among the first startups to work artificial intelligence and that will do democracy for financial services and administrative operations, which were only historically available for a very high.

Alix fee structure is 1 % of the property value. However, for a $ 1 million inheritance, customers can expect between 9,000 and 12,000 dollars, with the exact cost by complexing the estate.

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