AI for PropTech
Rely logo

Rely

AI-native diligence platform for multifamily real estate that turns messy transaction data rooms into structured, source-linked, auditable data. It automates lease, vendor, utility, and work-order audits for acquisitions and asset-onboarding teams.

Best for: Best for multifamily acquisitions and transitions teams running lease and contract audits on large operating assets under deal timelines.

Last reviewed 6/2/26

Category: Finance & Underwriting Due Diligence
Tags: due-diligencemultifamilydocument-extractionlease-auditrent-rollacquisitionsdata-room
Pricing
Simple platform fee plus usage, unlimited seats; contact for a quote based on volume and modules.
Integrations
Google Drive, Box, SharePoint
Property types
Conventional Multifamily, Student Housing, Affordable Housing (LIHTC), Workforce Housing, Single-Family Rental
Geography served
United States
AI

How Rely uses AI[1][2][3]

Turns entire multifamily data rooms into structured, source-linked data for diligence audits.

  • Ingests PDFs, scans, Word, Excel, and images, then auto-classifies files by type, unit, resident, vendor, date, and amount
  • De-dupes and matches values across files for guided lease, utility, and vendor-contract audits
  • Links every extracted value back to its exact source page for verification
  • Rely reports over 95 percent accuracy on core lease fields and most audits completed in under 30 minutes (self-reported)

AI type: AI/ML, Document Intelligence/OCR, Classification, NLP

API: unknown MCP: unknown

Key numbers[1][2]

  • Reports over 95 percent accuracy on core lease fields (self-reported)
  • most audits completed in under 30 minutes with 100 percent document coverage (self-reported)
  • a Preiss case study compressed a 1-2 week process using up to 20 staff into under one hour
  • raised $4.5M seed (May 2026)

Credibility[2][3]

Founders
Co-founded January 2025 by George Matelich (CEO) and David LoBosco, both former proptech leaders
Customers
Cardinal Group, The Preiss Company, Olympus
Investors
2048 Ventures (lead), Range Ventures, Better Tomorrow Ventures

Founded

2025

Headquarters

Portland, ME

Stage

Seed

Employees

2-10

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