COMPANY: CondoGrade

ELEVATOR PITCH

Buy in a great building.

PRODUCT/SERVICE DESCRIPTION

CondoGrade gives you the important data needed to evaluate a condo association. Whether you are a buyer looking for a new building, a seller looking to increase your property’s market value, an agent looking to provide superior service or a lender looking to determine the risk associated with a condo property, CondoGrade has the collection of tools and data you need to achieve your goal. We partner with the best businesses to provide you with the complete picture of any condo association.

FOUNDERS’ STORY

Brian Stafford – A background in software engineering. Co-founded and ran Opt It, Inc. for 11+ years. Opt It was a bootstrapped highly profitable SMS/MMS application-to-person company. Opt It provides high throughput campaign management and smart gateway services. Prior to Opt It, worked full-time and as a contractor for companies like Lucent and Concourse Communications (bought by Boingo).

Lauren Pedinghaus – Nine-plus years in CPA firm administration, owner of Haus Financial Services, LLC and ChicagoCondoResource.com. Haus Financial Services provides financial management for small-medium sized condo associations. Lauren is an expert in condo associations.

DIFFERENTIATORS VS. THE COMPETITION

The only direct competitor we know of is associationevaluation.com.

They are a manual evaluation of a condo building. This process is long, laborsome and hard to scale. CondoGrade simplifies this process by providing real-time or 24-hour turned around reports utilizing our proprietary algorithm to weigh all the factors from public, private and association data.

BUSINESS MODEL

$39 for one condo association report, $99 for five reports. Custom enterprise options available.

HEADQUARTERS: Chicago, Illinois

WEBSITE: condograde.com

 

YEAR FOUNDED: 2015

TWITTER: @CondoGrade

FACEBOOK: facebook.com/condograde

LINKEDIN: linkedin.com/company/condograde