GeoPhy, AI-Based Property Analytics Company, Welcomes Ferenc Szeli as Vice President, Engineering and Michelle Gregory as Vice President, Data Science
New York, NY — September 23, 2019 Renovata & Company is pleased to announce the placement of Ferenc Szeli as vice president, engineering, and Michelle Gregory as vice president, data science at GeoPhy, which provides artificial intelligence (AI)-powered valuations for commercial real estate. In these newly created roles, Szeli and Gregory will lead the engineering and data science organizations into their next phase of growth.
Founded in 2014, GeoPhy developed a proprietary automated valuation platform for commercial real estate that uses data science and supervised machine learning to optimize an unprecedented volume of data in the sector. The company works with some of the largest real estate lenders and investors around the globe, and its technology offers an alternative to the traditional appraiser workflow. The company has 100 employees and offices in the US and Europe.
GeoPhy recently raised $33M in series B funding from leading technology investor Index Ventures, along with investors Inkef Capital and Hearst Ventures. The company will use these funds to accelerate product innovation with more predictive features and UI functionality—and grow its international presence. GeoPhy will expand its coverage of the residential market and include emerging markets where the lack of reliable central registers makes it difficult to collect tax, prove property ownership or secure loans.
Gregory and Szeli will each play a key role in this next phase of the company’s growth. Gregory will be responsible for bringing data science to the production level, building teams with a production mindset to develop different and appropriate models to support a commercial business. Szeli will be responsible for the continuous development and evolution of GeoPhy’s proprietary data management platform, which is a key differentiator for the business.
“Michelle and Ferenc have many years of experience scaling organizations, leading large cross-functional teams and working with various stakeholders,” says Lisa Morgan, Renovata & Company principal. “They understand customer needs and are able to apply big data engineering and scientific solutions to products that solve real-world problems.”
Prior to joining GeoPhy, Szeli spent more than seven years at Booking.com, most recently as director of software development for the travel fare website and metasearch engine for lodging reservations. Gregory’s previous roles included senior vice president of data science, and vice president of content and innovation for Elsevier—a global information analytics business. Prior to that she was director of social media and data sciences for Innovative Analytics & Training.
About Renovata & Company
Renovata & Company is a global executive search and private equity advisory firm. We are trusted by financial sponsors, their portfolio companies and public corporations to deliver transformational leaders and valuable investment insights. Renovata & Company’s executive search activities are focused on the most complex search assignments—board-level mandates which include board directors, CEOs, CFOs and other C-suite executives, as well as investment professionals and Operating Partners—and we provide strategic counsel to clients across the technology, digital, business services, industrial, consumer and retail sectors. Renovata & Company has relationships with over 50 of the top 100 private and growth equity firms globally. Our private equity advisory services include diligence support, backable executive introductions and deal sourcing delivered by our affiliate, L Capital Advisors. We also make equity co-investments alongside our private equity clients through our investment affiliate, L Capital. We are privately held and operate from six offices across two continents: Boston, Hamburg, London, New York, San Francisco and Stockholm. www.renovata.com
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