#United States #New York #Henry AI #Susa Ventures #CRE Automation

Henry AI Secures $4 Million in Seed Funding

In a recent announcement, Henry AI, an innovative company dedicated to enhancing the commercial real estate (CRE) sector through artificial intelligence, reported that it has successfully raised approximately $4.3 million in seed funding. This funding round, co-led by Susa Ventures and 1Sharpe Ventures, aims to accelerate Henry AI's mission to automate tedious tasks typically associated with commercial real estate transactions.

Commercial real estate, a colossal $20 trillion industry, has long operated on manual workflows involving repetitive and time-consuming processes. Traditional practices have often hampered efficiency and productivity within the sector. With Henry AI stepping into the scene, the aim is to transform this workflow, enabling professionals to not only save time but also enhance the quality of their marketing materials in a fraction of the time previously required.

Sammy Greenwall, co-founder and CEO of Henry AI, expressed his enthusiasm for the funding, highlighting the struggles he faced as a former commercial real estate analyst. “I spent countless hours creating marketing decks for property listings, and it was one of the most exhausting tasks imaginable,” he commented. He emphasized the need for a tool that could quickly generate professional-standard materials while efficiently conducting the necessary research for property deals. Henry AI is designed to automate these time-intensive tasks and produce polished marketing materials in mere minutes instead of weeks.

The funding will enable Henry AI to further develop its platform, which already promises to empower real estate professionals by allowing them to focus on what truly matters: building relationships and closing deals. With AI integration, Henry AI is at the forefront of an industry evolution, poised to change how commercial real estate operations function.

In addition to Susa Ventures and 1Sharpe Ventures, several prominent investors participated in this round, including RXR, Arden Venture Arms, and Coalition Operators, among others. Notable figures such as Rami Essaid from Bill.com and Brian Chen, the founder of ROOM, also backed this endeavor, signaling strong confidence in Henry AI's vision.

Henry AI is already making strides within the industry, with several top national brokerages—five of the top ten in the U.S.—utilizing the platform. Before incorporating Henry AI, analysts at these brokerages reported spending nearly half of their time conducting marketing research and manually crafting presentations for properties. Henry AI simplifies this arduous process, producing professional-grade marketing materials and detailed financial analyses in moments. This shift enables analysts to redirect their efforts toward nurturing valuable client relationships.

As Greenwall notes, this solution is not just about increasing efficiency but about reimagining the professional experience within the CRE sector. “We’re committed to giving brokers the tools they need to unlock their full potential,” he said, hinting at the transformative impact Henry AI could have on the entire industry.

As the demand for innovative solutions in commercial real estate grows, the successful funding of Henry AI underscores the industry's readiness for change. With automation on the rise, Henry AI stands as a robust contender, determined to usher the commercial real estate industry into a new era of efficiency and service excellence.

About Henry AI

Founded in 2024 and headquartered in New York City, Henry AI is committed to arming brokers with advanced tools that increase their effectiveness in closing deals and enhancing overall earnings. By embracing artificial intelligence, Henry AI aims to redefine the commercial real estate landscape, ensuring that professionals can operate with newfound agility and precision.