Case Study: Housecure simplifies lease agreements with AI from Thought&Function

Housecure passes Innovate UK mid-term review with Thought&Function

Housecure, an FCA-regulated property-tech startup, faced the challenge of simplifying complex lease agreements to reduce high failure rates in UK residential property transactions. They hired Thought&Function to develop an AI solution that would allow users to ask direct questions about their leases and receive clear, understandable answers.

Thought&Function implemented an AI system that used OCR, text embedding, and a large language model (GPT-4) to process documents and generate conversational responses. The resulting interactive API successfully passed Innovate UK's mid-term review for grant funding, positioning Housecure favorably for additional funding and meeting the stringent standards required to advance their vision for smoother property transactions.

Housecure