Appraisal Vision

What Appraisal Vision does

Appraisal Vision, a product brand operated by Theoris Software (a subsidiary of Theoris Group, Inc.), is a US-based data-driven appraisal platform serving mortgage market participants. Founded in 2016 and headquartered in St. Petersburg, Florida, the company targets three segments: mortgage lenders (wholesale and retail), appraisal management companies (AMCs), and licensed real estate appraisers. The platform addresses the unpredictability of appraisal fulfillment by automating order creation, order allocation, collateral review, and verification of value, with self-reported metrics of 75% Perfect Execution, 92% On-Time delivery, only 4% fee increases, and 84% Cost Per Loan savings.

The product surface is structured as a core platform augmented by three modules — Coverage (nationwide appraiser coverage within a single predictive platform), Insight (real-time risk intelligence, dashboards, ad-hoc reporting, predictive vendor performance scoring), and Action (automated escalations, predictive workflows, pre-built integrations). A mobile app supports appraiser assignment management and a Network sub-brand connects lenders, AMCs, and appraisers into a unified ecosystem. Theoris Software holds three US patents (7,523,401 B1, 7,302,421 B2, 7,599,909 B2) covering core technology, and the platform is integrated with major loan origination systems including Encompass and Calyx, with presence on Ellie Mae Marketplace.

Appraisal Vision operates a sales-led, enterprise B2B SaaS go-to-market with quote-based pricing accessed via 'Request a demo' CTAs across the site. Revenue is generated through subscription-based platform access, with segmentation into dedicated landing pages and registration flows for Lenders, AMCs, and Appraisers. Distribution combines direct enterprise sales with channel-based reach through LOS integrations and industry affiliations (MBA, Collateral Risk Network). The company is privately held, received disclosed funding from ROC Venture Group in March 2022, and announced a partnership with Alpha7x in 2024 positioned at displacing legacy AMC platforms.

Name

Appraisal Vision

Legal name

Theoris Software

Website

https://appraisalvision.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Appraisal Vision is a US-based SaaS platform operated by Theoris Software that automates appraisal fulfillment and collateral review for mortgage lenders, AMCs, and appraisers, using predictive vendor scoring and workflow automation. It serves the US mortgage market via direct enterprise sales and integrations with major loan origination systems.

Ownership category

akta.pro rank

Product category

Mortgage Appraisal Management Software

NAICS

Offices of Real Estate Appraisers (531320), Activities Related to Credit Intermediation (5223)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Property Valuation: Appraisal Management (AMC) & Appraiser Networks (FSALALAI)

akta.pro secondary industries

Automated Valuation Models (AVM) & Desktop/Hybrid Appraisals (BPAJAKAO), Residential Property Appraisal (BPAJAKAA), Real Estate Valuation & Appraisal (BPAHANAC)

Keywords

• Mortgage appraisal software
• Collateral review platform
• Appraisal management solutions
• Predictive vendor scoring
• Loan origination integration

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: The company provides a data-driven appraisal platform to mortgage market participants on a subscription basis. The platform provides value through automation of appraisal fulfillment, collateral review, order allocation, and verification of value. Pricing is likely tiered based on order volume or enterprise agreements given the 'Request a demo' sales motion and focus on enterprise lenders and AMCs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Appraisal Vision provides a data-driven SaaS platform that orchestrates and automates real estate appraisal fulfillment and collateral review for U.S. mortgage market participants. The unified platform covers order creation and management, predictive order allocation, collateral review, verification of value, real-time risk alerts, predictive vendor performance scoring, and automated escalation workflows. It is delivered to lenders, AMCs, and appraisers through a web application, integrations with loan origination systems, and a mobile app for appraisers.

Product overview

Appraisal Vision is a single unified data-driven platform for appraisal fulfillment and collateral review, offered by Theoris Software. The core Appraisal Vision Platform serves as the central hub, augmented by three integrated modules — Coverage (nationwide appraiser network reach), Insight (real-time risk intelligence and predictive vendor scoring), and Action (automated workflow and escalation tools). Separate portals serve distinct user segments: a dedicated App for appraisers to register and manage assignments, and a Network portal connecting lenders, AMCs, and appraisers within the same ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Appraisal Vision Platform

Quantifiable outcome

• 84% Cost Per Loan (CPL) Savings
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature8 records

Partnerships

One partnership is on record.

• Alpha7xcoreTechnology or IntegrationAppraisalVision announced partnership with Alpha7x to render legacy appraisal management platforms obsolete. This partnership aims to modernize the appraisal technology stack by combining Appraisal Vision's predictive platform with Alpha7x's capabilities to disrupt traditional AMC platforms.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• ICE Mortgage Technology (formerly Ellie Mae / Black Knight): ICE Mortgage Technology operates Encompass (the dominant LOS referenced in Appraisal Vision's integrations) and adjacent appraisal/collateral platforms. As the broad incumbent in mortgage technology, it shapes lender requirements and competes indirectly through bundled offerings.
• CoreLogic (Cotality): CoreLogic provides property data, analytics, and valuation services to mortgage lenders, including appraisal-related workflows. As a large incumbent with broad mortgage and real estate data capabilities, it competes across multiple layers of the appraisal ecosystem.
• Verisk (Property/Collateral Analytics): Verisk provides property analytics, valuation, and risk intelligence to mortgage lenders and insurers. Its collateral and property-data offerings overlap with Appraisal Vision's predictive vendor scoring and risk intelligence modules at a broader scale.

Direct peers

• ValueLink (a division of SitusAMC): ValueLink is an appraisal management platform used by lenders and AMCs for order management and appraisal workflow, owned by SitusAMC. It serves the same mortgage-appraisal ecosystem with comparable order allocation and vendor management functionality.
• Reggora: Reggora is a modern appraisal management platform serving mortgage lenders and AMCs with technology-driven order management, panel management, and integrations with major LOS systems — directly overlapping with Appraisal Vision's core offering and target customer base.
• Class Valuation: Class Valuation is a national appraisal management company offering appraisal and valuation products to mortgage lenders with technology-enabled order management and panel of appraisers — directly competing in the AMC and appraiser-network space.
• Mercury Network (ICE Mortgage Technology): Mercury Network is a long-standing appraisal management and vendor platform integrated with major LOS systems, now part of ICE Mortgage Technology. It serves lenders and AMCs with order routing, panel management, and collateral workflow capabilities closely aligned to Appraisal Vision's scope.

Others

• Wells Fargo Home Appraisal Solutions (industry reference): Large lender-owned or captive appraisal operations represent an in-sourced alternative to Appraisal Vision's platform. They are not direct competitors in the vendor sense but define the buyer-side requirements and build/buy decisions that Appraisal Vision must address.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/appraisalvision
• Facebookfacebook.com/appraisalvision
• LinkedInlinkedin.com/company/theoris-software/about
• Instagraminstagram.com/appraisalvision

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Appraisal Vision