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HelloData.ai, an artificial intelligence company that develops products to automate real estate workflows, announces the addition of Daniel Stevens, Acquisitions Director & Principal at Ansonia Properties, to its advisory board. As a prominent figure in multifamily, Stevens brings a wealth of multifamily expertise and a proven track record of success to HelloData.ai's advisory board.
“Our goal with HelloData.ai is to help real estate companies leverage the power of AI and Computer Vision within their existing workflows,” said CEO Marc Rutzen. “Daniel is a forward-thinking commercial real estate professional who has built an impressive portfolio, and we are thrilled to have him on our board and for Ansonia Properties to be using our products.”
With Stevens’ experience leading the underwriting and acquisition of more than $200 million in multifamily assets for Ansonia and launching Ansonia’s new $100 million multifamily investment fund alongside partner Bob Kaplan, his insight on the real estate investment industry has been critical in helping HelloData.ai optimize its products for the real estate private equity market.
Stevens expressed his excitement about the collaboration, stating, "HelloData.ai's advanced artificial intelligence technology has the potential to revolutionize the real estate industry's approach to document extraction and due diligence. I am honored to join the advisory board and work alongside the talented team to create game-changing solutions that will redefine how real estate professionals operate. By harnessing the power of automation and data-driven insights, the industry will have access to faster, smarter, and more informed decision-making."
Since launching in January 2023, the company has already secured pilot programs for its document extraction algorithms with some of the country's largest multifamily lenders and investors. Its products can extract and analyze data from real estate data sources, including appraisals, offering memos and property photos.
“I was a huge fan of the work Nico, Tim and Marc did at Enodo, but I’m even more excited about the products HelloData.ai has developed so far and their roadmap for automating the due diligence process and integrating AI and other automated analytics tools directly into our acquisitions and asset management workflows. As we prepare to start investing through our newest vehicle, Ansonia Multifamily Value Fund II, I look forward to the HelloData.ai team delivering products instrumental to our ability to outperform,” said Stevens.
Stay up-to-date with HelloData.ai by visiting HelloData.ai.
Co-founded by Timothy Gamble and Nicolas Lassaux, the company develops algorithms to extract structured data from real estate images and documents
HelloData.ai, a real estate artificial intelligence company that develops algorithms to extract structured data from real estate images and documents, announces Marc Rutzen as CEO.
Rutzen, 35, brings more than a decade of experience in real estate technology and machine learning to his role with Hello Data. He spent the first part of his career in real estate development, brokerage and consulting before launching Enodo — a startup that utilized machine learning to automate the real estate investment underwriting process. Timothy Gamble, 25, and Nicolas Lassaux, 30, the cofounders of Hello Data, met Rutzen via being the first two full-time hires at Enodo.
After Walker & Dunlop (NYSE: WD) acquired Enodo in 2019, Rutzen led the company’s data science, product, and customer success teams as SVP of Information Technology, before being promoted to Chief Product Officer in 2021. As part of Walker & Dunlop’s investment in Fortress, a property management software, Rutzen also worked as Chief Information Officer at Fortress to help accelerate their go-to-market strategy and machine learning initiatives.
“Real estate data is often trapped in images, documents and various platforms that don’t integrate with each other – and I’ve seen firsthand how much time real estate analysts and underwriters spend manually moving data from one medium to another,” said Rutzen. “Tim and Nico have created a suite of AI products that can reduce the time it takes for these tasks from many hours to a few seconds. I think the operational efficiencies Hello Data will unlock are tremendous.”
Gamble and Lassaux say they are excited to be working with Rutzen again.
“When we built Enodo together in 2016, the capabilities of AI were nowhere near where they are today,” said Lassaux. “With the advent of large language models like OpenAI, the data and insights we can unlock for the real estate industry today are greater by orders of magnitude. With Marc on our team again, we’re ready to take our growth as a company to the next level.”
Rutzen says he is thrilled to be working with his old team again on this new venture, and looks forward to building out the company’s marketing and sales teams.
Rutzen holds a Master of Science in Real Estate Development from Columbia University and a bachelor’s degree in architectural studies from the University of Illinois at Urbana-Champaign. He is also a licensed Managing Real Estate Broker in Illinois.
