Mirai raises $500,000 to turn property addresses into neighborhood tours

Why it matters

Mirai is testing whether AI-generated neighborhood experiences can become a paid marketing tool in real estate, where inaccurate depictions could affect high-stakes buyer decisions.

Mirai has raised a $500,000 pre-seed investment from Andreessen Horowitz's Speedrun program to build interactive neighborhood tours for home listings, CEO Caleb Lo (@ccaleblo) said in a September LinkedIn announcement. Lo introduced the product in an October 1st post on X, describing Mirai as an application layer for world models, starting with real estate.

https://x.com/ccaleblo/status/2105710272870760683

Lo's pitch comes from a problem he saw while helping his mother, a real-estate agent, show prospective buyers the neighborhoods around homes. Buyers can tour a property through photos, video and 3D walkthroughs, he wrote, while the surrounding area often remains a collection of maps, searches, reports and in-person trips. Lo previously co-founded Global Bound Education, a nonprofit focused on educational disparities, and is listed as a University of British Columbia student. He is building Mirai with high-school friends Andrew Shum (@_andrewshum) and Joshua Zhang (@joshualeezhang). The founders describe their combined experience as spanning computer vision and engineering at Waabi, TikTok and Shopify; a16z Speedrun's company profile also lists Walmart Blue Labs among the team's prior affiliations.

Mirai's website describes a workflow for agents, brokerages and developers: enter a listing or development address, generate an interactive neighborhood experience, then share it by link, embed or QR code. Its examples include nearby shops and parks, routes to daily destinations, and a commute. The product is aimed at marketing the location around a property, rather than creating another virtual walkthrough of the home's interior. Mirai's broader examples include previews of hotels, travel destinations and communities that have not yet been built.

The product is presented as a guided simulation, not a verified record of what a buyer will encounter. Mirai's terms of service say its information and generated output may be incomplete, outdated, illustrative, synthetic or wrong, and advise users not to rely on it as the sole basis for decisions involving a purchase, safety, schools or commuting. The terms also place responsibility on customers to review material information and ensure housing-related content complies with fair-housing and advertising rules. Those caveats are central to a tool asking buyers to use generated media to imagine everyday life in a particular place.

The launch is aimed at a real-estate marketing category with established digital-tour products, but Mirai is targeting a different slice of the listing. Zillow 3D Home lets agents and sellers create tours of a property's interior; Mirai says it wants to extend the experience into nearby streets, destinations and routes. Whether generated neighborhood scenes can be accurate and useful enough to change buyer behavior is an open product test, especially when Mirai's own terms say that data coverage and output can vary.

Mirai is opening private-beta partnerships with agents, brokerages and builders, according to Lo's announcement. The website currently invites prospective customers to book a demo; its FAQ says pricing depends on whether a customer is an individual agent, brokerage, developer or platform partner. Mirai has not published a fixed price, and Lo's announcement did not provide customer, revenue or usage figures. The $500,000 investment gives the three-founder team capital to test whether agents and developers will adopt a new marketing layer before Mirai's wider ambition to make places explorable extends beyond property listings.