Standard Industries Announces Partnership With Loveland Innovations
Standard Industries and Loveland Innovations, maker of data analytics solutions and drone-based data gathering tools, today announced that Standard has led Loveland’s first round of outside institutional funding. Standard, the parent company of GAF, the largest roofing manufacturer in North America, and Loveland will work together to deploy innovative drone-based solutions for roofing applications.
As the largest roofing and waterproofing company in the world, Standard Industries is focused on bringing new technologies to the roofing industry. Loveland Innovations is a data analytics company and developer of IMGING, a platform that combines automated drones, AI, and deep learning systems to give contractors and insurance adjusters safer, faster and more consistent ways to gather imagery, derive measurements, and improve bidding, claims and underwriting workflows.
Working together, Standard and Loveland will focus on deploying drone-based solutions and data capture to create efficiencies for the roofing, property insurance and solar industries. This investment brings together companies committed to bringing a safer and a more efficient way to address business challenges in these industries.