Global data marketplace platform supplied by a network of on-the-ground paid contributors.
- Complete solution for data collection, analysis, and visualization.
- Insights for clients in the Defense, International Development, and Enterprise sectors.
Relevance to Real Estate: Premise’s real-time micro data can be leveraged for retail audits and public and private asset inspections. For retail organizations, Premise is able to collect and analyze location data, demographic data, in-store data, and competitor data.
Investment Thesis & Terms
- Large organizations, especially those with operations in developing or high-risk areas, have a difficult time evaluating their performance at a granular level.
- By harnessing the proliferation of mobile phones and IoT devices along with low cost and high-power computing, Premise has built a platform, which can source and make sense of real-time data.
- Premise has developed robust technology achieving $3.5M in bookings in 2018.