2025 Year in Review: Take Off Growth
Another trip around the sun for Inspectify and I honestly say that 2025 was one of the most impactful and defining years for the company. Not only did we close two acquisitions with Aloft in February and Joule in May, but saw our fastest annual growth since the broader real estate recession in 2022. We also saw our focus on large enterprise accounts take form as we ended the year with a pipeline with the highest mix of large accounts (>$1M in annual spend) in company history. Finally, in the last two quarters of the year we began to aggressively roll out our proprietary AI platform, Voxier, allowing us to automate and streamline more and more of our workflows.
Expanding our addressable market through acquisitions
In early 2025, we made two strategic acquisitions, both of which have dramatically increased our total addressable market (TAM) moving forward. The first acquisition was that of Aloft, a leading appraisal technology company backed by prominent VCs including a16z and Fifth Wall. We had the opportunity to partner with the Aloft team over the past few years and have long seen valuations as a logical extension of our business as many of our current customers also need valuation services such as appraisals. In the ten months since we closed the acquisition, we have raced to set up a nationwide appraisal management company (AMC), onboard hundreds of new partner appraisers and develop proprietary appraisal software (Toolkit) that drives speed and quality at the same level we have done with our inspection offering. All of this is indexed on hybrid and desktop appraisals powered by Inspectify’s inspection platform. The Aloft brand was rebranded under our second brand at the company, Appraisify.
The second acquisition of Joule Home was equally strategic as it provides us product coverage in another parallel real estate service, home energy audits and assessments. Like Aloft, we also worked closely with the Joule team before the acquisition and had a strong foundation to build upon post acquisition. Most importantly, both acquisitions provide us a blueprint for integrating more and more real estate services under the company to further become the standalone platform for our customers for all real estate services, uniquely powered by our immense property data layer.
Highest growth rate since the real estate recession
Going into 2025, I had a moderately neutral outlook on the year broadly based upon the rate cuts that happened at the end of 2024 and the outlook on the economy. To put it slightly differently, from a macro perspective I didn’t expect a tailwind, but I didn’t expect a headwind either. While 2025 was definitely an interesting year from a macro perspective (ahem, tariff wars, AI craze, etc.), largely the macro environment did not hurt or help Inspectify. That being said, we were able to grow the business faster than past years and added more annual net revenue than any year prior. As I write this recap, I’m happy to report that our monthly revenue in December 2025 is 2X that of December 2024. We’ve also continued to show that our business has extremely durable revenue with our net dollar retention for 2025 over 125%; not bad for a “non-SaaS, transaction based business with high exposure to the real estate transaction” :)
Focus on enterprise grade accounts
At the end of 2024, we made a conscious decision to focus our go-to-market motion towards larger, higher volume customers. The decision was based not simply because of sales efficiency, but more importantly we see our positive impact much higher for larger organizations than smaller. This effort proved very effective as we were able to double the number of enterprise accounts with annual spend over $1M YOY and expect that number to 3-5X in 2026 based upon accounts that launched the latter part of 2025 and will reach full maturity in 2026.
Aggressively deploying AI throughout our workflows
It has long been our vision that the value of our platform is not just simply the service we provide, but the data we are capturing at scale. Over the years we've built a robust repository of property data that creates an immense opportunity for training machine learning and computer vision models to automate more and more of our workflows.
In early Q3, we released Voxier, our proprietary AI platform that allows us to quickly stand up models to not only improve inspection and appraisal efficiency, but minimize subjectivity in the final results. Over the past few months, we’ve been able to reduce completion times for targeted services by up to 50% in some use cases. Most importantly, we are able to utilize the massive amount of property data in our repository to be able to build, test and deploy new AI models in a matter of hours. Additionally, this capability has enabled us to further scale and improve the functionality of our self guided inspection technology, Self Inspect. In 2025, we saw the number of self guided inspections increase 82X YOY (!!!) from 2024 to 2025.
In addition to Voxier, we have aggressively deployed AI in our internal processes to improve the efficiency of our operations. The end result is less “button clicks” required from our Customer Success team, improved SLAs and greater hours of operations as our team becomes more augmented with AI workflows and tools. We are only scratching the surface on how we apply AI throughout our company and expect 2026 to be an inflection year for how AI impacts the growth and efficiency of our businesses.
Looking Towards 2026
Although it’s literally my job to be optimistic about the future at Inspectify, I can honestly say that I’ve never been as bullish on the outlook of our company as I am right now. We enter 2026 with by far the strongest pipeline of new enterprise customers in company history, a diverse product offering built to weather any macro disruptions and a killer team eager to execute on our plans. I am even (moderately) optimistic that we will get some tailwinds from the macro environment especially in the real estate transaction given the continued lowering of interest rates over the coming year. Most importantly, we expect to reach profitability in mid Q2 of this year and begin to reinvest those profits into further expanding our platform with more partners, more services and better outcomes for our customers. Cheers to a remarkable 2026!