Prophia
AI-powered lease abstraction platform for commercial real estate that extracts 188+ key terms from lease PDFs in minutes, with optional human QA for 99% accuracy.
How they use AI
OCR and NLP models extract 188+ data concepts from commercial lease documents, including aged/degraded scans with handwritten notes. ML continuously refined via human reviewer feedback. AI auto-identifies ~60% of concepts per tenant.
AI type: OCR, NLP, Machine Learning
What it helps you do
Built for
Key numbers
- • 554M sq ft under management
- • 193,730 documents processed
- • 100% customer retention
- • 250% ARR growth at Series A
Credibility
- Founders
- Cameron Steele (CEO, Stanford/Dartmouth MBA, founding team at buuteeq acq. by Booking Holdings) and Chris Hsu (CTO, Stanford CS, prev. Oracle/Booking.com)
- Customers
- RXR, Nuveen, CBRE, Spear Street Capital, Harrison Street, Related, Rudin. 554M sq ft, 4,721 buildings.
- Investors
- Cercano Management, SignalFire, Second Century Ventures (NAR), Alumni Ventures
- Reviews
- Capterra 4.7/5 (39 reviews)
- Case Studies
- RXR: entire portfolio digitized, complex tasks reduced to minutes. Nuveen/CBRE: onboarded additional 10M sq ft after initial success.
Founded
2018
Headquarters
San Francisco, CA
Stage
Series A
Employees
11-50
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