19:29:01 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



iLookabout Corp
Symbol ILA
Shares Issued 85,011,784
Close 2018-10-01 C$ 0.185
Market Cap C$ 15,727,180
Recent Sedar Documents

iLookabout invests $1-million (U.S.) in Cherre

2018-10-02 12:25 ET - News Release

Mr. Gary Yeoman reports

ILOOKABOUT ANNOUNCES INVESTMENT IN AI REAL ESTATE DATA MANAGEMENT COMPANY

iLookabout Corp. has invested $1-million (U.S.) in Cherre Inc., a New York-based real estate data company that leverages artificial intelligence to resolve property data from thousands of public, private and internal sources in real time.

"In April of this year, we announced the commencement of a validated data marketplace initiative with Cherre to work collaboratively on the development of a platform to facilitate a real estate data marketplace utilizing blockchain technology. This investment further augments our ability to collaborate on strategic initiatives, as iLookabout expands its technology offerings in the United States. From an investment perspective, we will benefit from a strong relationship with a dynamic and progressive company. A company that we believe has the potential to significantly increase its market value thus increasing the value of our investment," said Gary Yeoman, chief executive officer of iLookabout.

"We are delighted to have iLookabout as our partner. We have had the opportunity to work with this very talented group and have great confidence in our ability to collaboratively generate contemporary market tools and platforms that will have a tremendous impact in the North American real estate industry," stated L.D. Salmanson, chief executive officer of Cherre.

About iLookabout Corp.

iLookabout is a software, data analytics, data aggregation and visual intelligence company focused on real property. The company primarily serves the property assessment, property taxation, municipal, insurance and appraisal sectors, both public and private, in North America. iLookabout provides powerful data analytics to the real estate industry through its real property tax analytics software offering.

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