Propaya
AI lease abstraction platform that turns complex commercial leases into structured, clause-cited data in minutes.
Last reviewed 6/2/26
How Propaya uses AI[1][2]
Propaya abstracts and reviews commercial leases with AI, extracting key terms from lease PDFs and returning clause-cited summaries and export-ready data in minutes.
- • Extracts key lease terms from uploaded PDFs automatically
- • Cites the source clause behind each extracted data point
- • Flags critical terms through automated compliance reviews
- • Exports structured data to spreadsheet formats
- • Cuts lease review time and cost by 90%, Propaya reports
AI type: LLM, Document AI
What it helps you do
Built for
Key numbers
- • 10,000+ leases abstracted
- • claims 90% reduction in processing time
Credibility
- Founders & team
- Reader Wang (CEO, ex-SpaceX avionics engineer, Stanford MS, manages 70+ family rental properties) and Jake Golas (CTO, ex-Epic Systems)
- Investors
- Y Combinator (S24)
Founded
2023
Headquarters
San Francisco, CA
Stage
Seed
Employees
1-10
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