#USA #New York #AI tools #CRE #Cadastral

Cadastral Secures $9.5 Million Funding for Innovative AI Solutions in Real Estate

Cadastral, Inc., an emerging software company specializing in artificial intelligence (AI) focused on the commercial real estate (CRE) sector, has recently announced a significant funding achievement. With $9.5 million raised from prominent investors such as Navitas, JLL Spark Global Ventures, and AvalonBay, the firm is set to accelerate its product development and market introduction strategies.

Founded in 2023, Cadastral aims to revolutionize the CRE industry by creating specialized AI tools tailored for the unique workflows within this sector. The funding will primarily support the development of their flagship product, the “AI Analyst in a Box”, which is designed to cater to real estate, private equity, and private lending markets. The company has successfully onboarded over 40 clients since launching its flagship offering in late 2025, quickly establishing itself in various applications within the real estate domain.

Leadership and Vision

The CEO and co-founder of Cadastral, Abhinav “Abe” Somani, emphasizes the need for the real estate industry to embrace transformative AI technologies similar to those seen in other sectors. “Real estate should not lag behind industries like finance and healthcare, which are already seeing the benefits of AI platform integration,” Somani stated. His previous venture, Leverton, was acquired by MRI Software in 2019, showcasing his extensive experience in real estate investing and corporate software development.

Cadastral is committed to integrating vertical-specific AI tools designed to enhance complex tasks ranging from T-12 analyses and lease abstracts to compliance and due diligence processes. Unlike many existing horizontal AI platforms, Cadastral zeroes in on the specific data, documents, and decision-making paths which characterize the CRE industry.

The Competitive Edge

Investor confidence in Cadastral is buoyed by the platform's inspiring speed of acceptance and usability in an industry known for its traditionally slow adoption of new technologies. Many stakeholders, including Jenny Song, a partner at Navitas Capital, believe that the current climate presents an opportune moment for the firm. “Every real estate company is currently contemplating its AI strategy, and we believe vertical AI with real expertise is essential for capturing market value,” she remarked.

Cadastral offers immediate usability, with no extensive training required for clients, and guarantees that customer data is not utilized for training their models. Such features are crucial in a market that mandates privacy and efficiency.

Cadastral has also drawn praise from industry leaders such as Raj Singh of JLL Spark Global Ventures, who highlighted the impressive speed at which teams can derive value from the product. The seamless integration of Cadastral’s tools with leading document management systems like SharePoint and cloud storage services like Box and Dropbox further enhances its appeal.

Future Expansion Plans

The firm intends to leverage its strong investor connections to bolster its growth trajectory. Cadastral plans to broaden its market reach while continuously improving its AI offerings tailored explicitly for the commercial real estate sector. Aman Dhesi, co-founder and CTO of Cadastral, brings a wealth of experience from his previous roles at Meta, DoorDash, and Square, where he developed large-scale AI systems. His involvement promises advancements that cater to a diverse range of CRE professionals, from small owners to large publicly traded REITs.

“We are here to democratize advanced AI capabilities for everyone in the industry,” noted Dhesi, adding that genuine value is delivered within seconds of onboarding.

As Cadastral continues on this ambitious path, its focus remains on pioneering innovations that not only meet expectations but also exceed them in the rapidly evolving landscape of commercial real estate.