Detroit-based Loveland Technologies has made Fast Company’s Top Ten Most Innovative Companies In Local 2014. I Am Young Detroit first reported on the young Detroiter-led startup back in 2010 when they were selling Detroit land by the inch. Here’s what they’re up to now:
“In Detroit, at what is likely the world’s largest property auction, Loveland stepped in for cash-strapped local government and tracked 9,143 land parcels that sold for $32.5 million at last year’s Wayne County tax foreclosure auction, 6,703 parcels that went unsold, and $182 million in uncollected property taxes. With its mobile app Blexting (that’s blight + texting), the Detroit-based company is powering Motor City Mapping, the first attempt to catalog the condition of every piece of property in the city. The goal is to remove abandoned houses and salvaging lots, a highly visible step toward a broader recovery. This year, Loveland is extending its data-rich mapping tools to other municipalities”.
Source: Fast Company