Software Alternatives, Accelerators & Startups

HelloData.ai VS Docsumo

Compare HelloData.ai VS Docsumo and see what are their differences

HelloData.ai logo HelloData.ai

HelloData uses AI to help real estate investors analyze multifamily rent & expense comps, optimize rental pricing, and benchmark operating expenses. Our APIs deliver accurate rent comps, detailed expense benchmarks and accurate real estate data.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • HelloData.ai Landing page
    Landing page //
    2023-11-16

HelloData.ai was founded by a passionate team of data scientists and engineers with proven real estate domain expertise to help PropTech companies build data driven products. We’ve built real estate data data pipelines, predictive algorithms and workflow automation technology for startups, publicly traded companies, and everything in between.

  • Docsumo Landing page
    Landing page //
    2022-12-30

Docsumo is an intelligent document processing platform for financial services firms. Docsumo helps businesses and enterprises extract data from documents, analyze that data and detect document fraud.

Docsumo’s technology reduces back-office costs by up to 70% and increases productivity by 50%. For every million documents processed by a bank at about $1 per document, DocSumo can directly save $700k. What differentiates Docsumo is that their technology can read non-standardised documents such as bank statements, invoices, pay stubs and contracts with over 99% accuracy and more than 95% straight-through processing.

Docsumo features include:-

✅Data Capture from forms, semi-structured and unstructured financial documents ✅Pre-Trained API stack for loan application, insurance compliance, invoices, supply chain management, and Commercial Real Estate applications ✅Review & edit tool that allows you to click on any text in a document to capture data without manual entry ✅Out of the box API endpoint (accessible via Settings page) & option to download CSV ✅Multiple learning mechanism to ensure maximum accuracy ✅Simple pay as you go pricing ✅Ability to customize fields from the frontend ✅Define templates for recurring documents ✅Self-train neural network on your dataset

Choose Docsumo, if you want to:- - Automate the document data extraction end-to-end - Efficiently scale your process and your business eliminating manual data entry - Reduce risk by validating data

HelloData.ai

$ Details
paid Free Trial $250.0 / Monthly (7-Day Free Trial, then $250/month)
Platforms
-
Release Date
2023 January

Docsumo

$ Details
paid Free Trial $500.0 / Monthly (Growth Plan | 3 Users | Pre-trained APIs for 3 document types)
Platforms
Web
Release Date
2019 October

HelloData.ai features and specs

  • https://www.hellodata.ai/: Yes
  • https://www.hellodata.ai/apis/rentsource-automated-multifamily-rent-surveys: Yes
  • https://www.hellodata.ai/apis/qualityscore-computer-vision-for-real-estate: Yes
  • https://www.hellodata.ai/apis/liquidrent-multifamily-renvenue-management-software: Yes

Docsumo features and specs

No features have been listed yet.

HelloData.ai videos

HelloData.ai Full Product Demo

Docsumo videos

Document AI Platform Explainer Video (Docsumo)

More videos:

  • Demo - Docsumo Demo
  • Review - Extract tables from PDF/Image for Free | Convert PDF to Excel/CSV/JSON with Docsumo
  • Tutorial - Docsumo Review Tool - How to view & correct extracted data

Category Popularity

0-100% (relative to HelloData.ai and Docsumo)
Commercial Real Estate
100 100%
0% 0
Data Extraction
0 0%
100% 100
Real Estate
100 100%
0% 0
OCR
0 0%
100% 100

Questions and Answers

As answered by people managing HelloData.ai and Docsumo.

What makes your product unique?

HelloData.ai's answer

  1. We use AI to analyze the quality and condition of apartment listing photos to assess comparability. This helps us deliver the best rent comp recommendations in multifamily real estate, with 9/10 overlap with appraiser selected comps.

  2. We collect listing data from millions of apartments every day at the unit level, so we capture the last listed rent before each unit is removed from the market. This rent is within $5-10 of actual leases on a rent roll based on several tests with clients.

  3. We benchmark operating expenses using a model trained on over 25,000 multifamily properties, which delivers highly accurate expense benchmarks in any U.S. market.

Why should a person choose your product over its competitors?

HelloData.ai's answer

In under 1-minute, you can complete a full market analysis with rent comps, expense benchmarks and real-time data with HelloData.ai. Our platform is very reasonably priced for the functionality (no one else offers the same capabilities), and we offer a 7-day free trial.

How would you describe your primary audience?

HelloData.ai's answer

Real estate investors and property managers are our main clients. We typically work with acquisitions and asset management teams from large real estate owners, but we also have many appraisers, brokers and lenders using the platform.

What's the story behind your product?

HelloData.ai's answer

This is our 2nd startup. We sold the first one, Enodo, to Walker & Dunlop in 2019. After building incredible internal products for W&D for 4 years we are back at it again with HelloData.ai, leveraging recent advancements in AI to deliver the most sophisticated real estate market analysis product in multifamily.

Which are the primary technologies used for building your product?

HelloData.ai's answer

Python, PostgreSQL, and Vue.JS

Who are some of the biggest customers of your product?

HelloData.ai's answer

Greystone, Redwood Living, and Luxury Living

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare HelloData.ai and Docsumo

HelloData.ai Reviews

  1. Incredible Real Estate Data Science Team

    I've worked with the HelloData.ai team on data extraction and revenue management projects, and they are seriously skilled in real estate data science and engineering. It's rare to find a team that understands real estate as well as they understand technology. These guys are super responsive and always understand what I'm talking about when it comes to real estate. I can't recommend them highly enough!

    🏁 Competitors: Able2Extract Professional
    👍 Pros:    Great team & customer support|Great value for the money

Docsumo Reviews

We have no reviews of Docsumo yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Docsumo seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

HelloData.ai mentions (0)

We have not tracked any mentions of HelloData.ai yet. Tracking of HelloData.ai recommendations started around Jan 2023.

Docsumo mentions (2)

  • Docsumo Nepal
    Aayush here from Docsumo.com, we are a Document AI platform that empowers tech & ops teams to scale operations effortlessly by capturing, validating & analyzing unstructured documents. We recently raised $3.5 Million from Marquee investors. Source: over 1 year ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 2 years ago

What are some alternatives?

When comparing HelloData.ai and Docsumo, you can also consider the following products

Able2Extract Professional - Able2Extract PRO is a PDF solution for business and home users with high-fidelity OCR that allows users to convert PDF to all major formats, edit PDF text, forms, and pages, annotate, redact and sign any PDF and much more on Windows, Mac and Linux.

DocParser - Extract data from PDF files & automate your workflow with our reliable document parsing software. Convert PDF files to Excel, JSON or update apps with webhooks.

PDFtoExcel.com - Convert native and scanned PDFs to Excel online 100% free. No email needed. Anonymous, secure and safe.

Nanonets - Worlds best image recognition, object detection and OCR APIs. NanoNets’ platform makes it straightforward and fast to create highly accurate Deep Learning models.

ListingAI - GPT-4 AI generated marketing materials (listing descriptions, social media content, landing pages and more) for real estate.

Nanonets OCR - Intelligent text extraction using OCR and deep learning