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PropRise

YC S23

San Francisco, US · Founded 2023 · 3 employees · 2 known investors

PropRise provides AI tools for institutional commercial real estate teams to source deals and underwrite faster. The platform uses document analysis and market signal detection to populate underwriting models with traceable, source-linked data.

Also known as Introscopic · River · River AI

Founders & leadership· Y Combinator alumni (S23)

PropRise was founded in 2023 by Jean-Michael Diei and Matthew Krager.

JDJean-Michael Diei
Jean-Michael DieiinCo-Founder & CEOJean-Michael Diei led machine learning initiatives at Stripe, Embark Trucks, and Microsoft before founding PropRise, an AI platform for commercial real estate investment workflows. He studied machine learning and computer vision at Carnegie Mellon University.
MKMatthew Krager
Matthew Kragerin𝕏Co-founder · CTOMatthew Krager is an iOS and full-stack developer who previously worked on products at Facebook and Stripe, including Facebook Recruiting and Stripe Terminal. He is now building in the PropTech space with PropRise.

Investors · 2

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PropRise photo

Competitors · 9

by search overlap
Landlordstudio232 shared keywordsLandlord Studio is property management software for landlords that combines rental accounting, online rent collection, tenant screening, listing syndication, maintenance tracking, and Schedule E tax reporting in a single desktop and mobile app. It targets individual landlords and small rental portfolios as a lower-cost alternative to tools like QuickBooks, AppFolio, and Buildium.
Biggerpockets216 shared keywordsBiggerPockets provides real estate investing tools, including property analysis calculators and property management software, along with a network of investor-friendly agents and vetted service professionals. It also offers educational content through articles, podcasts, videos, and guides, plus a community forum and tiered membership plans for real estate investors.
Corporatefinanceinstitute208 shared keywordsCorporate Finance Institute (CFI) is an online training platform offering certifications and courses in financial modeling, valuation, FP&A, financial analysis, business intelligence, and related finance and AI skills. It serves finance professionals seeking job-ready skills and industry-recognized credentials such as the FMVA.
Doorloop203 shared keywordsDoorLoop is a cloud-based property management platform that combines rent collection, tenant screening, e-leases, maintenance, and accounting in one system, with AI automation across leasing, maintenance, and communications. It serves landlords, property managers, and real estate investors managing portfolios of any size.
Realized200 shared keywordsRealized offers a platform focused on 1031 exchange investments, including DST (Delaware Statutory Trust) properties and real estate securities for investors managing property capital gains. It serves investors seeking tax-advantaged real estate investment options under IRC Section 1031.
Agorareal192 shared keywordsAgora offers investment management software for real estate firms, handling investor onboarding, subscription documents, tax operations such as K-1 distribution, and communications. The platform centralizes back-office operations and the investor experience for real estate investment managers.
Re Leased174 shared keywordsRe-Leased is a cloud-based commercial property management software that helps real estate teams manage leases, tenants, maintenance, and credit control while connecting finance and operations. It offers AI features for task automation, document extraction, and property advisory, along with two-way integrations to accounting platforms such as Oracle NetSuite.
CommLoan167 shared keywordsCommLoan operates an AI-powered three-sided marketplace for commercial real estate lending, connecting borrowers, brokers, and lenders to match deals with loan programs. It provides brokers with back-office and compliance support, lenders with an origination channel, and borrowers with faster access to capital.
Rentana163 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 PropRise for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does PropRise do?
PropRise provides AI tools for institutional commercial real estate teams to source deals and underwrite faster. The platform uses document analysis and market signal detection to populate underwriting models with traceable, source-linked data.
Who founded PropRise?
PropRise was founded by Jean-Michael Diei, Matthew Krager in 2023.
Who are PropRise's investors?
PropRise's investors include Y Combinator, General Catalyst.
Where is PropRise headquartered?
PropRise is headquartered in San Francisco, US.