New York, October 7 — Kai, the operating system for property work, announced on October 6 a new video-scanning capability that transforms a single walkthrough video into a complete, ready-to-execute scope of work with live pricing and availability in minutes. The technology reduces manual scoping time by approximately 70%, addressing industry-wide pressures from volatile material costs and labor shortages. Kai’s system uses video and photo capture to identify required work, including labor, materials, and quantities, and LiDAR-enabled scanning to add precise measurements, floor plans, and 3D models.
It then converts the scope into product-level material lists with real-time pricing and availability, supporting the full workflow from approvals to closeout. The announcement was made via Globe Newswire.
The company emphasizes that its AI-enabled capabilities are assistive and require human review, allowing users to validate, modify, reset, or re-run AI-generated output before integration into active workflows. The new video-scanning capability is available now to Kai’s institutional customers. As of the announcement, Kai is embedded in the renovation workflows of more than 50 institutional operators and property managers, supporting over 3,000 field users and 600 contractor accounts across 35 markets.
The platform has processed more than 25,000 renovations to date, with material purchasing volume growing more than 30% month-over-month and now surpassing $750 million annually. Customer testimonials include Justin Bruce, Head of Property Management at Adoor, who stated that Kai has brought greater efficiency, consistency, and transparency to their estimating process while significantly reducing time spent building and managing estimates.
Kai was founded by multi-time founders Or Agassi and Tov Arneson. The company describes itself as the first institutional-grade AI renovation intelligence platform, building templates that capture a customer’s exact renovation standards down to market variation and tier requirements, then deploying them across portfolios by reverse-engineering scopes of work into material specs and cost estimates based on real-time pricing and availability. For more information, Kai directs users to its LinkedIn page or website at kai.pro.
Media contact is Lucy Peng of Capital V Strategies at [email protected]. A photo accompanying the announcement is available via Globe Newswire.
