reAlpha Tech, a real estate technology company developing and commercializing artificial intelligence (AI) technologies, announced the selection of Xmore AI as the first company to secure investment from its new reAlpha AI Labs, the research and development initiative of reAlpha.
Xmore AI, co-founded by Dr. Benjamin Yan and Adrian Self, draws on more than a decade of AI-based cybersecurity research and has developed a platform that consolidates multiple cybersecurity tools into one seamless solution based on AI, ensuring businesses can operate securely in a rapidly changing digital environment. Dr. Yan is a professor of computer science and engineering at Michigan State University. Adrian Self, a cybersecurity professional with extensive experience in blockchain and embedded systems security, complements Dr. Yan’s expertise with his hands-on approach to security assessments and technology integration.
This investment marks a strategic step for reAlpha AI Labs to accelerate the development of AI technologies and advance technological innovation in the real estate sector.
Mike Logozzo, president and COO of reAlpha, highlighted the broader impact of Xmore AI’s technology. Portfolio companies recently acquired by reAlpha include Naamche, Hyperfast, Be My Neighbor and AiChat.
In addition to enhancing reAlpha’s AI home buying platform with its AI cybersecurity expertise, Xmore AI is developing software that will consolidate multiple cybersecurity tools to provide AI cybersecurity solutions to businesses across multiple industries. At the heart of Xmore AI’s innovation is its ability to address the unique vulnerabilities created by the rapid expansion of AI across industries.
Launched earlier this year, reAlpha AI Labs is designed to support innovative AI startups with funding, technical resources and strategic partnerships. By providing seed funding as well as access to reAlpha’s extensive network, the program is committed to accelerating the growth and effectiveness of AI-based solutions.
The incubation of Xmore AI not only highlights reAlpha AI Labs’ commitment to cybersecurity, but it also marks reAlpha AI Labs’ broader mission to drive AI advancements in industries such real estate, fintech and business technology.
Mike Logozzo, President and COO of reAlpha
At reAlpha AI Labs, our goal is to create an environment where innovative AI startups can thrive. Xmore AI’s focus on cybersecurity aligns with our vision and we believe Xmore AI’s technology will improve the security and scalability of our AI home buying platform and our recently acquired portfolio companies.
Vinayak Grover, associate vice president of AI Labs at reAlpha
Xmore AI represents the next generation of forward-thinking innovations we envisioned collaborating with when we launched reAlpha AI Labs. Their expertise in cybersecurity, particularly for AI operations, will be essential as AI becomes increasingly integrated into business systems.
Dr. Benjamin Yan, Co-Founder and CEO of Xmore AI
As AI becomes more and more integrated into the way businesses operate, it is essential that cybersecurity evolves alongside it. Through our partnership with reAlpha AI Labs, we believe we are able to provide scalable, cutting-edge security solutions that protect businesses from emerging risks related to AI integration.
