--- title: "AI in Real Estate: Restb.ai Celebrates 10 Years of AI Innovation" description: Restb.ai celebrates a decade of leading AI innovation in real estate, empowering companies worldwide with smarter, faster, and more efficient technology. image: https://blog.restb.ai/hubfs/AI%20in%20Real%20Estate%20Restb.ai%20Celebrates%2010%20Years%20of%20AI%20Innovation.png --- [![Restb.ai Logo Image Recognition Company](https://blog.restb.ai/hs-fs/hubfs/Logo_Restb.ai.png?width=340&name=Logo_Restb.ai.png "Restb.ai Logo Image Recognition Company")](https://restb.ai) - [Blog](https://blog.restb.ai) - [Demo](https://demo.restb.ai/) ## RestB.log Artificial Intelligence, Image Recognition, Technology and more . . . ![AI in Real Estate: Restb.ai Celebrates 10 Years of AI Innovation](https://blog.restb.ai/hubfs/AI%20in%20Real%20Estate%20Restb.ai%20Celebrates%2010%20Years%20of%20AI%20Innovation.png) # AI in Real Estate: Restb.ai Celebrates 10 Years of AI Innovation By Maya Makarem on 25 November 2025 For a decade, [Restb.ai](https://restb.ai/) has led the way in bringing next-generation AI to real estate, helping companies and professionals work smarter, faster, and more efficiently. From humble beginnings in a university classroom to emerging as a global leader in AI and computer vision for real estate, it’s a story of two friends, a bold vision, and a journey driven by determination and innovation. | [ 1. **2010-2015 -** The Beginning: Visionaries Unite](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#Thebeginning) | | --- | | [2. **2016 -** Early Recognition & Growth: TechCrunch Stage and Wallapop’s Trust](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#earlyrecognition) | | [3. **2017 -** Fueling Growth: €1.2M Seed Round, Idealista Onboard and Networking with RESO & NAR](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#fuelinggrowth) | | [4. **2018 -** Global Validation & Team Expansion: €1.7M Horizon Grant and 20+ Team Members](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#globalvalidation) | | [5. **2019-2022 -** Breaking Into the U.S. MLS Market](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#MLSmarket) | | [6. **2022-2023 -** Expanding to Valuation & Appraisal: Partnerships that accelerated innovation](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#valuation) | | [7. **2023 -** First Restb.ai cornhole at Valuation Expo](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#valuationexpo) | | [8. **2024-2025 -** Industry Leadership & Global Impact: Inman, HousingWire & RISMedia Honors](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#industryleadership) | | [9. **2024 -** AI-Powered Studies & Market Insights](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#marketinsights) | | [10. 2025 - Expanded MLS reach: Serving 1,000,000+ agents](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#agents950k) | | [**Next**: AI innovation across real estate](https://blog.restb.ai/-restb.ai-celebrates-10-years-of-ai-innovation#whatsnext) |   **1. The Beginning: Visionaries Unite (2010-2015)** [Xavi Hernando](https://www.linkedin.com/in/xavi-hernando-bonvehi-88a5a8123/) and [Angel Esteban](https://www.linkedin.com/in/angel-esteban-soto-60109b31/) met as computer science students at the Universitat of Barcelona where they discovered a shared curiosity and a dream: to create something entirely disruptive with AI. *“While searching for a home for my own family, I saw firsthand how fragmented the real estate market was. That experience inspired us to create technology that makes property data smarter and more accessible,” says Angel.* *“Building something that didn’t exist yet was thrilling. That excitement drove us to develop the technology that powers Restb.ai,” added Xavi.* The early days were not easy. Computing power was limited. Progress was slow. Every step forward required creative problem-solving. Xavi sharpened his analytical skills at the high-stakes poker table, while Angel built expertise in software and AI development at Deloitte. Together, they laid the foundation for a company defined by innovation and resilience. **2. Early Recognition & Growth (2016): TechCrunch Stage and Wallapop’s Trust** By 2016, the timing was right. With computing power becoming more accessible, Restb.ai narrowed its focus to AI solutions that could extract data directly from property photos. That same year, the company made its debut on the global stage at [TechCrunch](https://techcrunch.com/) Disrupt in San Francisco, one of the world’s leading startup competitions. The experience opened doors to investors, partnerships, and a wider audience, earning Restb.ai a feature on [TechCrunch’s website](https://techcrunch.com/2016/09/12/restb-ai-offers-custom-computer-vision-as-a-service/). Soon after, Restb.ai signed its first major clients, including [Wallapop](https://es.wallapop.com/), the leading second-hand marketplace in Europe, marking the start of its commercial journey. ![Early Recognition & Growth (2016)](https://blog.restb.ai/hs-fs/hubfs/Early%20Recognition%20%26%20Growth%20(2016).jpeg?width=3200&height=763&name=Early%20Recognition%20%26%20Growth%20(2016).jpeg) **3. Fueling Growth (2017): €1.2M Seed Round, Idealista Onboard and Networking with RESO & NAR** With its technology gaining recognition, Restb.ai continued to attract major clients, including [Idealista](https://www.idealista.com/), often described as the [Zillow](https://www.zillow.com/) of Spain, one of Europe’s largest real estate portals. The company would close a €1.2M seed round, backed by five Spanish venture capital firms and one U.S. investor. This support fueled growth and established Restb.ai as a rising force in real estate technology. Industry recognition soon followed. Restb.ai began building relationships with [RESO](https://www.reso.org/) (Real Estate Standards Organization) and [NAR](https://www.nar.realtor/) (National Association of Realtors), marking its entry into the inner circle of real estate innovation. ![Fueling Growth with Clients and Capital (2017)](https://blog.restb.ai/hs-fs/hubfs/Fueling%20Growth%20with%20Clients%20and%20Capital%20(2017).jpeg?width=3200&height=773&name=Fueling%20Growth%20with%20Clients%20and%20Capital%20(2017).jpeg) **4. Global Validation & Team Expansion (2018): €1.7M Horizon Grant and 20+ Team Members** 2018 was a breakthrough year. Out of more than 1,600 applicants, the [European Commission awarded Restb.ai](https://www.eu-startups.com/2018/06/barcelona-based-ai-startup-restb-ai-scores-e1-7-million-in-horizon-2020-eu-funding/) a highly competitive Horizon 2020 grant of €1.7M, placing the company among just 60 winners across Europe. The team grew quickly to 20+ people, all united by a clear mission: to transform how property images and data support the real estate industry. This was the year Restb.ai evolved from a promising startup to an internationally recognized company. ![Global Validation & Team Expansion (2018)-1](https://blog.restb.ai/hs-fs/hubfs/Global%20Validation%20%26%20Team%20Expansion%20(2018)-1.jpg?width=770&height=352&name=Global%20Validation%20%26%20Team%20Expansion%20(2018)-1.jpg) **5. Breaking Into the U.S. MLS Market (2019-2022)** April 2019 marked a turning point. Restb.ai entered the U.S. MLS market when [MRED](https://restb.ai/company/press-releases/mred/), one of the nation’s largest MLSs, became the first to deploy its AI services. Soon after, [Cotality](https://restb.ai/company/press-releases/corelogic/) (CoreLogic) became one of the first vendors to adopt the technology. In the following years, MLSs such as [FMLS](https://restb.ai/company/press-releases/fmls/), [TRREB](https://restb.ai/company/press-releases/trreb/) and [BridgeMLS](https://restb.ai/company/press-releases/bridge-mls/) adopted the technology, followed by vendors like [Rapattoni](https://restb.ai/company/press-releases/rapattoni/) and [ICE](https://restb.ai/company/press-releases/black-knight/) (Black Knight). By embedding AI-powered tools directly into MLS workflows, Restb.ai began helping thousands of agents work more efficiently. By 2020, the company’s presence in the MLS space expanded rapidly, accelerating revenue and cementing its reputation as a trusted AI partner for the real estate industry. ![Breaking Into the U.S. MLS Market (2019-2022)-1](https://blog.restb.ai/hs-fs/hubfs/Breaking%20Into%20the%20U.S.%20MLS%20Market%20(2019-2022)-1.jpg?width=770&height=352&name=Breaking%20Into%20the%20U.S.%20MLS%20Market%20(2019-2022)-1.jpg) **6. Expanding to Valuation & Appraisal (2022- 2023): Partnerships that accelerated innovation** As demand for AI-driven insights grew, Restb.ai expanded into appraisal and valuation, partnering with [Bradford Technologies](https://restb.ai/company/press-releases/bradford-technologies/), [Stewart Valuation Intelligence](https://restb.ai/company/press-releases/stewart-valuation-intelligence/), [ACI](https://restb.ai/company/press-releases/aci/), [ClearValue Consulting](https://restb.ai/company/press-releases/clearvalue-consulting-and-restb-ai-join-forces-to-revolutionize-appraisal-review-with-advanced-ai-integration/), [HomeVision](https://restb.ai/company/press-releases/homevision/), [AssetVal](https://restb.ai/company/press-releases/assetval/), and [TrueFootage.](https://restb.ai/company/press-releases/true-footage/) The goal was simple: speed up appraisals, reduce time spent on manual processes, and make appraisal reviews smarter, advancing innovation and generating measurable impact. ![Expanding to Valuation & Appraisal (2022- 2023)-1](https://blog.restb.ai/hs-fs/hubfs/Expanding%20to%20Valuation%20%26%20Appraisal%20(2022-%202023)-1.jpg?width=3200&height=1461&name=Expanding%20to%20Valuation%20%26%20Appraisal%20(2022-%202023)-1.jpg) **7. First Restb.ai cornhole at Valuation Expo (2023)** In 2023, Restb.ai became a key sponsor of [Valuation Expo](https://www.valuationexpo.com/), one of the most influential events in the appraisal and valuation industry. With record attendance, packed sessions, and lively discussions on compliance, appraisal modernization, and AI tools. Restb.ai also introduces its first cornhole tournament, now a popular annual tradition. Eagerly anticipated each year, it reflects connection, community, and Restb.ai’s growing presence in the valuation world. **8. Industry Leadership & Global Impact (2024-2025): Inman, HousingWire & RISMedia Honors** Restb.ai’s impact on real estate technology earned the [Inman Innovator Award for Top Technology](https://restb.ai/company/press-releases/inman-innovation-award/), celebrating the team’s vision and dedication to bringing AI, machine learning, and computer vision to the industry. Reflecting on the honor, Xavi Hernando noted, *“Restb.ai winning what is widely recognized as real estate’s top tech honor is a validation that AI, machine learning and computer vision are fast becoming real estate’s most coveted technology.”* In 2025, Restb.ai was named a Housing Wire [Tech 100 Mortgage Winner](https://www.housingwire.com/company-profile/2025-tech100-winner-restb-ai/) for driving innovation in the mortgage sector. That same year, several team members were recognized as [RISMedia](https://www.rismedia.com/) 2025 Newsmakers: [Tony Pistilli as a Trailblazer](https://www.rismedia.com/newsmaker/tony-pistilli-2025/), [Nathan Brannen as a Futurist](https://www.rismedia.com/newsmaker/nathan-brannen-2025/), and [Dominik Pogorzelski as an Achiever](https://www.rismedia.com/newsmaker/domink-pogorzelski-2025/). Xavi Hernando Bonvehi was also named an Inman Power Player in both [2024](https://www.inman.com/power-players-awards/) and [2025](https://www.inman.com/power-players-awards/). **9. AI-Powered Studies & Market Insights (2024)** Restb.ai continues to show what AI can reveal. Through Special Reports and White Papers, the company transforms vast amounts of property and appraisal data into clear, actionable insights. The [Special Report on Kitchens](https://blog.restb.ai/special-report-kitchens-design-trends-and-market-appeal) analyzed over 250 million property photos, uncovering design trends, cabinet colors, and geographic patterns. Building on this work, Restb.ai launched WeeklyDataDrop, a series of snapshots highlighting trends across entire markets. From [architectural styles](https://restb.ai/company/white-papers/weekly-data-drop-architectural-series/) and [property features](https://restb.ai/company/white-papers/weekly-data-drop-features-series/) to state rankings and emerging opportunities, it delivers insights professionals can act on, offering a broader view of the real estate and appraisal landscape. **10. Expanded MLS reach: Serving 1,000,000+ agents** After expanding AI features across additional MLSs, including [All Jersey MLS](https://support.alljerseymls.com/hc/en-us), [MARIS](https://marismls.com/), and [MetroList](https://www.metrolist.com/), Restb.ai now serves more than 1,000,000 agents and brokers across North America. Agents benefit from better listings, simpler compliance, and improved property search experiences. Valuation professionals benefit from more accurate and timely property data. As Angel Esteban observed, *“Seeing how far we’ve come, from a university project to a global leader impacting hundreds of thousands of agents, it’s humbling, and it motivates us to keep innovating.”* **![Reaching 950,000 agents (2025)](https://blog.restb.ai/hs-fs/hubfs/Reaching%20950%2c000%20agents%20(2025).jpg?width=3200&height=1461&name=Reaching%20950%2c000%20agents%20(2025).jpg)** **What’s next? Driving Innovation Across Real Estate** Restb.ai isn’t just about AI, it’s about transforming the way the real estate industry works. From MLSs to lenders, appraisers to investors, the company’s solutions help professionals save time, reduce errors, and make smarter decisions. Powering everything from smarter property searches to automated valuations, compliance, and beyond, Restb.ai equips every corner of the real estate industry with AI-driven solutions, removing friction, increasing accuracy, and accelerating decisions across the ecosystem. And the journey continues. With every deployment, every new insight, and every challenge solved, Restb.ai pushes the boundaries of what AI can achieve in real estate.  Thank you to our team, partners, clients, and friends who have been part of this incredible story!    *Ready to supercharge your AI strategy?* Contact [Restb.ai](http://Restb.ai) today to see AI in action. For Restb.ai-related media inquiries, please contact: Maya Makarem at maya@restb.ai or contact@restb.ai or Kevin Hawkins at 1-206-866-1220 or kevin@wavgroup.com.       Share this with a friend: [![Share on Facebook](https://cdn2.hubspot.net/hubfs/522195/SphereOne/SVGLogoNew/icon-fb.svg)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://cdn2.hubspot.net/hubfs/522195/SphereOne/SVGLogoNew/icon-linkedin.svg)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://cdn2.hubspot.net/hubfs/522195/SphereOne/SVGLogoNew/icon-twitter.svg)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=AI%20in%20Real%20Estate%3A%20Restb.ai%20Celebrates%2010%20Years%20of%20AI%20Innovation) [![Share on Pinterest](https://cdn2.hubspot.net/hubfs/522195/SphereOne/SVGLogoNew/icon-pinterest.svg)](http://pinterest.com/pin/create/button/?url=https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Dpinterest&media=https%3A%2F%2Fcdn2.hubspot.net%2Fhubfs%2F522195%2FSphereOne%2FSVGLogoNew%2Ficon-pinterest.svg) [![Share on Email](https://cdn2.hubspot.net/hubfs/522195/SphereOne/SVGLogoNew/icon-mail.svg)](mailto:?subject=Check%20out%20https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Demail%20&body=Check%20out%20https%3A%2F%2Fblog.restb.ai%2F-restb.ai-celebrates-10-years-of-ai-innovation%3Futm_medium%3Dsocial%26utm_source%3Demail) ##### comments 0 ### subscribe Please fill in the form below to subscribe to our blog ### blog categories - [Real Estate (57)](https://blog.restb.ai/topic/real-estate) - [Technology (55)](https://blog.restb.ai/topic/technology) - [PropTech (45)](https://blog.restb.ai/topic/proptech) - [Data (19)](https://blog.restb.ai/topic/data) - [Property Intelligence (19)](https://blog.restb.ai/topic/property-intelligence) [![AI for Real Estate Crash Course](https://no-cache.hubspot.com/cta/default/2372710/4d0b0d83-84f9-44e7-a15f-7a2300c46f01.png)](https://cta-redirect.hubspot.com/cta/redirect/2372710/4d0b0d83-84f9-44e7-a15f-7a2300c46f01) © Restb.ai 2025 |  [Terms of Service & Privacy Policy](https://restb.ai/terms-conditions/)  |  [Contact Us](https://restb.ai/company/contact-us/) ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "caption" : { "@type" : "MediaObject", "contentUrl" : "https://blog.restb.ai/media-transcripts/200920101777/en.vtt", "inLanguage" : "en", "name" : "en Captions" }, "contentUrl" : "https://2372710.fs1.hubspotusercontent-na1.net/hubfs/2372710/Restb.ai%20Anniversary%20Video.mp4", "dateModified" : "2025-11-25T12:08:16.485Z", "duration" : "PT49S", "height" : 1080, "name" : "Restb.ai Celebrates 10 Years of AI Innovation", "thumbnailUrl" : "https://2372710.fs1.hubspotusercontent-na1.net/hubfs/2372710/Restb.ai%20Anniversary%20Video.mp4/medium.jpg?t=1764072496485", "uploadDate" : "2025-11-25T09:10:08.362Z", "width" : 1920 } ```