#USA #AI #New York #commercial real estate #Cadastral

Cadastral Secures $9.5 Million for AI Development in Commercial Real Estate

Cadastral, Inc., an innovative AI-focused software company, has announced the successful acquisition of $9.5 million in funding to expedite the development of its vertical AI platform tailored specifically for the commercial real estate (CRE) sector. The investment comes from prominent firms, including Navitas, JLL Spark Global Ventures, AvalonBay, Equity Residential, and 1Sharpe. The primary goal of this funding is to not only advance product development but also to broaden market outreach, establishing Cadastral as a pioneer in providing specialized AI tools for real estate professionals.

Since launching its flagship product in late 2025, Cadastral has witnessed rapid growth, acquiring over 40 clients in a relatively short time. This swift adoption underscores a significant demand for AI solutions within various segments of commercial real estate. CEO and co-founder Abhinav "Abe" Somani emphasized that, "Just like other industries that have embraced transformative AI technologies, the real estate sector cannot afford to lag behind. Our mission is to provide a comprehensive, all-in-one AI real estate analyst that appeals to professionals across multiple areas, from acquisitions to asset management."

The Cadastral Advantage

Cadastral distinguishes itself through its unique offering of domain-specific AI tools crafted exclusively for the complexities of commercial real estate workflows. This includes enhancing processes related to T-12 analysis, lease abstraction, loan compliance, and due diligence, thus addressing the specific needs of real estate professionals. Unlike generic AI platforms, Cadastral is specifically designed to handle CRE data and documents, making it a highly relevant solution in a historically slow-moving industry.

Jenny Song, a partner at Navitas Capital and a lead investor in Cadastral, noted the immediate necessity and potential of vertical AI applications for the market. She commented, "Every real estate organization is currently reviewing its AI strategy. We believe that domain knowledge is crucial for capturing value and achieving success, which is well evidenced by our past investments. Cadastral exemplifies this potential through its rapid adoption and user-friendly interface."

Raj Singh, Managing Partner at JLL Spark Global Ventures, expressed enthusiasm over Cadastral’s quick scalability across various applications within the JLL ecosystem, underlining the effectiveness of its solutions.

Cadastral’s architecture allows immediate deployment without necessitating customer-specific training, ensuring that data privacy remains a top priority by not using customer data to train its models. This commitment to security and rapid value delivery has positioned Cadastral as a formidable player in the real estate tech landscape.

A Vision for the Future

CTO Aman Dhesi, who co-founded Cadastral after developing large-scale AI systems with major firms like Meta and DoorDash, reinforces the company’s dedication to democratizing advanced AI capabilities across the industry, asserting, "Cadastral is designed for everyone—from small independent operators to major public REITs—making cutting-edge AI solutions accessible from the moment you log in."

Headquartered in New York City, Cadastral seamlessly integrates with popular document management systems like SharePoint, Box, and Dropbox, along with critical real estate platforms such as Yardi. With a clear mission to redefine how real estate professionals utilize AI, Cadastral is on track to become the go-to platform for actionable intelligence in commercial real estate.

As the AI landscape evolves, Cadastral is poised to continue its trajectory of growth, driven by the unique challenges and opportunities that the commercial real estate sector presents. Established in 2023, the company is already trusted by over 40 global organizations who seek to leverage these advanced tools to gain a competitive edge in their operations.

About Cadastral

Founded in 2023, Cadastral is a New York-based firm providing specialized AI solutions designed to serve the specific needs of the commercial real estate industry. It aims to make advanced AI tools accessible to every professional, enhancing industry standards and workflows.

About Navitas Capital

Navitas Capital is a venture capital firm focused on early-stage technology companies that are transforming foundational industries, including real estate and construction. With a rich history of successful investments, Navitas stands as a key partner for companies aiming to innovate and scale.