Worthpoint™ Set For A Year Of Growth In 2020 After A Record-setting 2019
By: WorthPoint Corporation
WorthPoint also made significant investments in technology, data, and product introductions in 2019:
· WorthPoint's net data and image additions approximated 100 million items in 2019. Total pages approximate 1.5 billion.
· A milestone for the company was the creation of the Worthopedia™
· Also, in 2019, WorthPoint introduced a Beta version of its new virtual Vault™ product, which will evolve into a unique and valuable resource that allows homeowners to preserve and document memories and the provenance of items and pass them down to future generations. It will also serve as a valuation tool for the homeowner in the case of loss due to theft, breakage, or a natural disaster.
"We stayed very focused on improving the user experience in 2019, both in terms of design and content," said Will Seippel, CEO and founder of WorthPoint. "Investments in 2019 positioned us well for 2020, as we shift to concentrate more on technical innovations like image recognition and data tagging through AI to make search even easier."
The company is expecting similar growth in 2020 and will likely double its employee base and its data partners in the next 12 months. Additional focus will be placed on the Vault product and laying the groundwork for a formal rollout to consumers in 2021.
About WorthPoint Corporation: With more than 15 years' worth of pricing data on 500 million items, Atlanta-based WorthPoint is the largest resource for researching and valuing antiques, art and vintage collectibles. The company's suite of offerings on WorthPoint.com includes the Worthopedia™
Mary Eitel, MKE Communications