MARC, a Dublin-based startup applying artificial intelligence to real estate asset management, has announced a $1 million pre-seed funding round. The funding was entirely subscribed by 23 angel investors, without the participation of venture capital funds.

Contract and Expense Management in Real Estate

Large real estate portfolios often involve thousands of vendor contracts covering services, licenses, and certifications. Key information such as renewal dates, escalation clauses, termination rights, and fee structures is frequently scattered across email inboxes, shared drives, and legacy systems. This makes budgeting, audits, asset sales, and invoice reviews slow and error-prone.

MARC's Solution

MARC addresses this problem through AI-powered contract agents that connect directly to existing document repositories, including email inboxes and SharePoint. The system automatically locates contracts, extracts and structures critical terms, and organizes them into a continuously updated source of truth that teams can search and query instantly. According to the company, this approach significantly reduces the time required to process contract data.

In addition, MARC compares contract terms with monthly invoices, allowing operators to identify discrepancies and potential overbilling before they affect net operating income.

Expansion into the North American Market

Since launching in 2024, MARC has expanded from working with Irish property managers to serving institutional owners in the United States and Canada. The funding will be used to further develop the product and support expansion into the North American market.