Rely Intelligence
Kennebunk, US · Founded 2025 · Delaware corporation · 10 employees on LinkedIn · 5 known investors
Rely is an AI-native due diligence platform for multifamily and residential real estate teams that converts unstructured documents (leases, vendor contracts, utilities, financials) into structured, source-linked data. It automates diligence workflows—extraction, classification, audits, and exports—for acquisitions, diligence, and transitions teams handling conventional, student, affordable, workforce housing, and SFR portfolios.
Also known as Rely · Rely Intelligence, Inc. · Rely, Inc.
Founders & leadership
Board
Investors · 5
Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$4.5M disclosed across 1 round · 2026
▶$4.5MraisedJun 2026 · 20 investors · Other TechnologyRule 506(b)
- George MatelichExecutive Officer, Director, Promoter
- Alex IskoldDirector
- David LoBoscoExecutive Officer, Director, Promoter
- Offering amount
- $6M
- Amount sold
- $4.5M
- First sale
- May 2026
- Incorporated
- Corporation, Delaware, 2025
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Rely Intelligence, Inc. (operating as Rely, tryrely.ai) builds an AI-native diligence and transaction automation platform for the multifamily and residential real estate industry. The software ingests entire property data rooms — leases, rent rolls, financial statements, vendor and utility contracts, and compliance files — and converts them into structured, source-linked data through an AI classification and extraction engine. Every extracted value links back to the exact source page, creating a verification layer that buyers, sellers, lenders and operators can review rather than re-key.
The product supports lease audits (rent, fees, concessions, deposits, terms), vendor contract audits, utility audits, and work order and operational analysis, with financial audits described as in development. Additional features include automatic document-type, unit, resident, vendor, date and amount classification with de-duplication and cross-file matching; customizable audit output formats; structured CSV/Excel exports for lender templates and financial models; and an intelligent deal room with checklists, task assignment and activity tracking that connects to Drive, Box and SharePoint. The company states it processes PDF (native and scanned), Word, Excel, CSV and image-based documents, integrates with several major property management systems, and operates under encryption in transit and at rest, least-privilege and role-based access, full audit trails and SOC II.
Bloomberg describes the platform as serving institutional investors and property managers in the United States for lease audits, vendor contract reviews and financial checks.
Founding story
Rely was founded in Portland, Maine by George Matelich and David LoBosco, described as former PropTech leaders building AI-native transaction software for the multifamily industry. Matelich serves as Founder and CEO; Caplight lists LoBosco as CTO and co-founder.
Business model
B2B software sold to real estate owners, operators, lenders and brokers. Pricing is described by the company as a platform fee plus usage, with unlimited seats. Caplight categorizes the customer profile as subscription SaaS, usage-based SaaS, and services and consulting.
Platform fee plus usage-based charges, with unlimited user seats included.
Traction
The company reports 100% document coverage, most audits completed in under 30 minutes, and over 95% reduction in time spent on audits. In a case study with Preiss, an audit process that previously involved up to ten staff reviewing 15 to 30 files per resident and took one to two weeks was completed in under an hour, at two to three times the cost savings of alternative solutions. Named early customers are Cardinal Group, Preiss and Olympus. Caplight lists an employee range of 7 and recorded open roles increasing to 2 in August 2026.
Latest developments
In May 2026 Rely announced a $4.5 million seed financing led by 2048 Ventures with Range Ventures and Better Tomorrow Ventures participating. Financial audit and work order analysis modules are listed as in development or coming soon. Caplight recorded a signal in August 2026 that open roles had increased to 2.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Positioned as a diligence and transaction automation layer for multifamily real estate rather than an underwriting tool, with the stated ambition of becoming the system of record for real estate transactions where buyers, sellers, lenders and operators work from a shared structured data layer. Caplight classifies the company under Real Estate & PropTech with vertical SaaS, workflow automation, real estate finance and NLP verticals, and places it in the top 5% of tracked companies by its momentum index.
Source-linked outputs that trace every extracted value to the exact document page; audits configurable to a customer's own format and instructions, including cross-referencing documents, running calculations and flagging specific clauses; and capacity to ingest institutional-scale data rooms of hundreds of thousands of files.
Technology
An AI-native document classification, extraction and analysis engine trained on multifamily documents. It handles native and scanned PDFs, Word, Excel, CSV and image files; auto-detects document type, unit, resident/vendor, dates and amounts; de-duplicates and matches records across files; and links each structured value to the originating document page. The company states it targets over 95% accuracy on core lease fields, with automation covering classification, extraction, audits and flags while human teams review and sign off. Security controls cited include encryption in transit and at rest, least-privilege and role-based permissions, full audit trails and SOC II.
Go-to-market
Direct enterprise sales via demo requests and a "get access" flow on the company site, supported by customer case studies featuring named practitioners at multifamily operators. Following the seed round the company said it would strengthen network relationships with lenders and servicers.
Multifamily and residential real estate teams performing due diligence on large operating assets, spanning conventional multifamily, student, affordable, workforce housing and single-family rental portfolios. Within those organizations the platform is aimed at acquisitions, diligence, client services and transitions teams, as well as lenders, servicers and brokers. Named early customers include Cardinal Group, Preiss and Olympus.
Geography
Headquartered in Portland, Maine, with planned engineering hiring in New York and New England; the platform serves institutional investors and property managers in the United States.
History
The company's terms of use carry an effective date of 25 October 2025, and it is incorporated as Rely, Inc., a Delaware corporation. On 19 May 2026 the company announced a $4.5 million seed round led by 2048 Ventures with participation from Range Ventures and Better Tomorrow Ventures, proceeds earmarked for engineering hires in New York and New England and for building relationships with lenders and servicers.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 5
by search overlap
Companies competing with Rely Intelligence for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 1
launches, deals, and filingsRely announced $4.5 million in seed funding to scale its AI-native platform for multifamily transaction diligence, led by 2048 Ventures with participation from Range Ventures and Better Tomorrow Ventures. Proceeds are to grow the engineering team with hires in New York and New England and to strengthen relationships with lenders and servicers.
$4.5M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Rely Intelligencetryrely.ai · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Rely Intelligence do?
- Rely is an AI-native diligence platform that turns multifamily real estate data rooms into structured, source-linked data.
- Who are Rely Intelligence's investors?
- Rely Intelligence's investors include 2048 Ventures, Better Tomorrow Ventures, Range VC, Service Provider Capital.
- How much funding has Rely Intelligence raised?
- Rely Intelligence has disclosed $4.5M raised across 1 round.
- Where is Rely Intelligence headquartered?
- Rely Intelligence is headquartered in Kennebunk, US.