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Built AI

6 known investors

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269 people in our graph share verified history with the Built AI team — schools, employers, funds. One of them is your warm intro.

Seth Lieblichunlockedknows Firoz Noordeen · together at Brandeis University (overlapped)
×9knows the team · via Brandeis University
×2knows the team · via Founders Factory

Built AI provides an AI-native operating system for institutional real estate that consolidates deal, property management, and financial data into a unified knowledge graph. The platform automates analysis, reporting, and decision-making workflows for asset managers, acquisitions teams, and finance departments while maintaining full auditability and regulatory compliance.

Also known as Built AI, Inc.

Founders & leadership

FNFiroz Noordeen
Firoz NoordeeninFounderFiroz Noordeen worked in commercial real estate before founding Built AI, an AI-native operating system for institutional real estate that consolidates deal, property management, and financial data to automate analysis and decision-making workflows.

Investors · 6

Also in the syndicate · 1

Emerald Pine

Company profile

researched Aug 2026

Built AI develops software positioned as an AI-native operating system for institutional real estate. The product sits on top of a firm's existing systems rather than replacing them, assembling a single knowledge graph across systems of record and documents, running a deterministic calculation engine on that graph, and providing a catalog of agents for tasks such as underwriting, lease abstraction, variance analysis and reporting. Marketed modules span capital (portfolio, funds, investors), operating (assets, leases, models), intelligence (insights, an analyst query interface) and governance (audit log).

Functionality shown in the company's interactive product demo includes a portfolio control center with AUM, net equity, occupancy, NOI, and leverage metrics; levered cashflow and IRR sensitivity models where each cell is cited to a lease, general ledger line or Argus assumption; covenant and variance monitoring with DSCR, LTV and debt-yield tests plus drafted cure options; lease roll schedules with renewal probabilities; AI-generated portfolio insights; a citation-backed analyst assistant; and an audit log recording agent runs, approvals and blocked actions. Stated integrations or data sources referenced in the demo include Yardi, Argus, MRI, CoStar comps, lease abstracts and loan documents.

The company states operating principles of full citation of every output, human approval of any external action, deterministic rather than probabilistic computation, and layering on top of incumbent systems. Deployment options listed are multi- or single-tenant, bring-your-own-model and self-hosting, with claims of no model training on customer data, GDPR alignment and SOC 2 Type II in progress.

Founding story

Built AI was founded in 2020 around the thesis that institutional real estate runs on systems that were never designed to interoperate, leaving portfolio truth spread across models, operational systems and spreadsheets, and forcing firms to pay for reconciliation twice: in analysts who re-key data and in decisions made on stale numbers.

Business model

Enterprise software sold to institutional real estate owners, investors and managers, deployed as multi-tenant, single-tenant or self-hosted environments with a bring-your-own-model option; the site lists a pricing page and a book-a-demo sales motion.

Traction

The website cites more than $148B of cumulative client AUM, more than $100B of property value analyzed, more than 40 firms, and more than 2,000 assets live on the platform.

Latest developments

In December 2025 the company announced a $6M seed round led by Work-Bench, with Lerer Hippeau and Emerald Pine, to expand across the US and UK. The website references a v2.14 product version and SOC 2 Type II certification in progress.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positions itself as the platform layer for a third re-platforming of institutional real estate technology, following the shifts from paper to spreadsheets and from spreadsheets to ERP systems, sitting above existing systems such as Yardi, Argus and MRI rather than displacing them.

Emphasis on provenance and control: every output cited to a source document, no autonomous external sends (all sends, writes and filings require named human approval), a deterministic computation engine producing identical outputs for identical inputs, and an integration-first approach that leaves incumbent systems in place. Additional differentiators cited are deployment flexibility (single-tenant, bring-your-own-model, self-host) and no model training on customer data.

Technology

A knowledge graph spanning a firm's systems and documents, a deterministic computation engine that runs models and valuations on that graph, and a catalog of AI agents for underwriting, document abstraction, variance analysis and reporting, with citation lineage to source documents such as leases, general ledger lines, loan documents and Argus assumptions, and audit logging of agent runs and approvals.

Go-to-market

Direct enterprise sales with live demonstrations on prospect-like portfolios (book-a-demo), supported by published thesis content, a trust center and press page; the US business is led from New York by the Chief Product Officer and Head of US.

Institutional real estate owner-operators and allocators, including asset management, acquisitions, and finance and investor relations teams at owners, investors and managers.

Geography

Offices in New York and London, serving institutional owners, investors and managers across the US, UK and Europe.

History

The company states it was founded in 2020 and operates from New York and London. In December 2025 it raised a $6M seed round led by Work-Bench with participation from Lerer Hippeau and Emerald Pine, intended to scale the platform across the US and UK.

Risks & controversies

The company states SOC 2 Type II certification is in progress rather than complete. Traction figures and product capability claims are self-reported on the company's own website.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Assets live on platformJan 20262,000 assets
Client firmsJan 202640 firms
Cumulative client AUMJan 2026$148B
Property value analyzedJan 2026$100B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Built24 shared keywordsBuilt provides a cloud-based platform that connects capital, data, and workflows for real estate finance, enabling lenders, owners, developers, and contractors to fund, manage, and build projects with visibility and control across the entire lifecycle from origination to asset management.
Build14 shared keywordsBuild develops agentic AI systems to automate mission-critical services in institutional real estate development and construction, helping organizations accelerate project delivery from concept to completion.
Index Ventures13 shared keywordsNewCore is a security-focused identity platform built from the ground up to support humans, machines, and AI agents under a unified architecture. The platform addresses modern enterprise security by treating identity as the control plane rather than infrastructure, replacing legacy protocols designed for web app authentication with agent-native solutions and hardware-bound verification.
House Canary13 shared keywordsHouseCanary provides residential real estate data, valuations, CMAs, market forecasts, and AI-driven analytics on 136M+ U.S. properties. It serves real estate investors, agents, loan officers, mortgage lenders, and investment banks, offering search, analytics, and customer engagement platforms.
Perplexity9 shared keywordsAn AI-powered answer engine providing accurate, trusted, and real-time answers to questions.
Leni9 shared keywordsLeni is a platform that automates the creation of investment committee memos and investor presentations from raw deal materials and underwriting documents. The tool targets investment professionals and fund managers by converting spreadsheets, notes, and market research into polished, presentation-ready materials for equity raises and investment decisions.
Rentana8 shared keywordsRentana provides AI-driven pricing optimization and revenue management software for multifamily property portfolios. The platform offers dynamic pricing recommendations, renewal management, and analytics to help residential real estate operators make data-informed pricing and portfolio decisions.

Companies competing with Built AI for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 1

launches, deals, and filings
Dec 2025
$6M seed round led by Work-Bench

Built AI raised a $6M seed round led by Work-Bench, with Lerer Hippeau and Emerald Pine participating, to scale the platform across the US and UK.

$6M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Built AI do?
Built AI is an AI-native operating system for institutional real estate, unifying deal, operating and financial data.
Who founded Built AI?
Built AI was founded by Firoz Noordeen.
Who are Built AI's investors?
Built AI's investors include Globivest, Great Stuff Ventures, Lerer Hippeau, MMC Ventures, Work-Bench.