AI for PropTech
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Vic.ai

Vic.ai runs autonomous accounts payable, using proprietary AI to read invoices, code line items to the correct GL accounts and properties, and route approvals with little human touch.

Best for: Real estate finance and AP teams that want to autonomously code and approve high invoice volumes on top of Yardi, MRI, RealPage, or AppFolio.

Last reviewed 6/2/26

Tags: accounts-payableinvoice-automationgl-codingdocument-aireal-estate-accounting
Integrations
Yardi, MRI, RealPage, AppFolio, Oracle, Microsoft Dynamics, Coupa, Open API (connect to any ERP or accounting system)
Property types
Commercial, Residential, Multifamily
Geography served
United States and Europe
AI

How Vic.ai uses AI[1][2]

Vic.ai runs autonomous accounts payable, using proprietary AI to read invoices, code line items to the correct GL accounts and properties, and route approvals with little human touch.

  • Line-item GL coding: assigns invoice lines to the right accounts and dimensions automatically
  • Company Detection Logic identifies which property an invoice belongs to across multi-property portfolios
  • Integrates with Yardi, MRI, RealPage, and AppFolio to push coded invoice and GL data back into property accounting systems
  • Vendor-reported 99% data extraction accuracy and 90%+ straight-through processing at mature implementations
  • Models trained on more than 1 billion invoices (vendor-reported)

AI type: Machine learning (document AI / autonomous coding)

API: yes MCP: unknown

Key numbers[1][2][3]

  • Vendor-reported 99% data extraction accuracy
  • 90%+ straight-through processing at mature implementations
  • models trained on 1B+ invoices
  • $115M total funding raised including a $52M Series C (Dec 2022)

Credibility[4][6][3]

Founders
Co-founded by Alexander Hagerup (CEO) and Kristoffer Roil (COO), Norwegian serial entrepreneurs; Hagerup previously built a company acquired by NASDAQ-listed J2 Global
Customers
HSB (Sweden's largest real estate management company), KPMG, PwC
Investors
GGV Capital, ICONIQ Growth, Cowboy Ventures, Costanoa Ventures

Founded

2016

Headquarters

New York, NY and Oslo, Norway

Stage

Series C

Employees

51-200