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Ownwell
Ownwell is an AI-powered proptech startup based in Austin, Texas, founded in 2020. The company focuses on helping property owners reduce real estate costs by identifying overassessed properties and managing property tax appeals, exemptions, and corrections. Ownwell aims to make real estate ownership more transparent and equitable, empowering individuals with the necessary tools and resources to manage their properties confidently. The company offers a comprehensive platform for property tax management, utilizing proprietary AI technology alongside local expertise. Services include property tax appeals, exemption applications, assessment corrections, and cost reduction strategies for home insurance and internet bills. Ownwell serves a diverse clientele, including homeowners, small businesses, real estate investors, and commercial property owners, operating in nine states and providing a national appeals packet for other areas. Their fee structure is based on a pay-per-use model, charging a percentage of the tax savings achieved for customers.
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