HOVER

Hover operates a software platform for the construction and insurance industries that converts smartphone scans of a property into an accurate 3D model without requiring specialized equipment or training. From that model, users obtain detailed exterior and interior measurements, visualize real product materials on the property, and generate cost estimates, production-ready material lists and proposals.

The product is organized around a four-step workflow — scan to create the model, design with real materials including photo-realistic 2D renderings, retrieve measurements from the model, and calculate estimates. A separate inspections capability supports insurance use cases by tracking project progress with photos, flagging issues and enabling task collaboration across a team. The company positions the platform as having been used for millions of home improvement projects.

Business model

Hover provides a software platform to construction and insurance professionals, offering a free trial and sign-up path on its website, and also solicits partnerships with building product manufacturers whose materials can be visualized in the design tool.

Traction

The company reports more than 300,000 construction professionals using the platform, over 22 billion square feet measured and modeled, and an average customer service response time of one minute. A contractor testimonial cites measuring a house in about 20 minutes versus roughly two hours previously.