About Ownwell

Ownwell provides property tax management services that utilize proprietary software and local expertise to analyze property assessments and identify potential savings through tax appeals and exemptions. Homeowners benefit from a risk-free model, paying only a contingency fee after achieving an average savings of $1,148 on their property tax bills.

```xml <problem> Many property owners lack the expertise and time to effectively navigate the complexities of property tax assessments, often resulting in overpayment. The appeals process can be daunting, requiring significant paperwork, negotiation with assessors, and even attendance at appeal hearings. Furthermore, many are unaware of potential exemptions that could lower their tax burden. </problem> <solution> Ownwell provides an end-to-end property tax management service that leverages local expertise and proprietary software to analyze property assessments and identify potential savings opportunities. The company manages the entire property tax protest and appeal process, from initial analysis and paperwork filing to negotiation and representation at appeal hearings. Ownwell also identifies and manages property tax exemptions to further reduce taxable value. Their approach combines real-time market data, local knowledge, and AI to build compelling evidence for tax reduction. </solution> <features> - Property tax assessment analysis using proprietary software and local market data - Management of property tax protests and appeals, including paperwork and negotiations - Identification and management of property tax exemptions - Representation at appeal hearings - Monitoring of insurance rates and coverage to identify savings opportunities - Analysis of internet and phone bills to find potential reductions - Personalized property portal to track savings opportunities and manage property expenses </features> <target_audience> Ownwell primarily serves homeowners and real estate investors, including those managing large portfolios, who seek to reduce their property tax burden and other property-related expenses. </target_audience> <revenue_model> Ownwell operates on a contingency fee basis, charging a percentage of the actual property tax savings achieved for the customer; if no savings are realized, there is no fee. </revenue_model> ```

What does Ownwell do?

Where is Ownwell located?

Ownwell is based in Austin, United States.

When was Ownwell founded?

Ownwell was founded in 2020.

How much funding has Ownwell raised?

Ownwell has raised 26500000.

Location

Austin, United States

Founded

2020

Funding

26500000

Employees

96 employees

Major Investors

First Round Capital

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Ownwell

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Executive Summary

ownwell.com 2K+

Crunchbase

Founded 2020 – Austin, United States

Funding

Estimated Funding

$20M+

Major Investors

First Round Capital

Team (75+)

No team information available.

Company Description

Problem

Many property owners lack the expertise and time to effectively navigate the complexities of property tax assessments, often resulting in overpayment. The appeals process can be daunting, requiring significant paperwork, negotiation with assessors, and even attendance at appeal hearings. Furthermore, many are unaware of potential exemptions that could lower their tax burden.

Solution

Ownwell provides an end-to-end property tax management service that leverages local expertise and proprietary software to analyze property assessments and identify potential savings opportunities. The company manages the entire property tax protest and appeal process, from initial analysis and paperwork filing to negotiation and representation at appeal hearings. Ownwell also identifies and manages property tax exemptions to further reduce taxable value. Their approach combines real-time market data, local knowledge, and AI to build compelling evidence for tax reduction.

Features

Property tax assessment analysis using proprietary software and local market data

Management of property tax protests and appeals, including paperwork and negotiations

Identification and management of property tax exemptions

Representation at appeal hearings

Monitoring of insurance rates and coverage to identify savings opportunities

Analysis of internet and phone bills to find potential reductions

Personalized property portal to track savings opportunities and manage property expenses

Target Audience

Ownwell primarily serves homeowners and real estate investors, including those managing large portfolios, who seek to reduce their property tax burden and other property-related expenses.

Revenue Model

Ownwell operates on a contingency fee basis, charging a percentage of the actual property tax savings achieved for the customer; if no savings are realized, there is no fee.