Cadastral, an AI-native software company building vertically specific intelligence for the commercial real estate industry, has raised $9.5 Million in funding from Navitas, JLL Spark Global Ventures, AvalonBay, Equity Residential, and 1Sharpe.
The company said it will use the capital to accelerate product development and expand go-to-market efforts as it builds what it calls an “AI analyst in a box” for real estate, private equity, and private credit.
Headquartered in New York City, Cadastral develops AI tools and agents purpose-built for commercial real estate workflows, including T-12 analysis, lease abstraction, loan compliance, acquisitions due diligence, and end-to-end underwriting. The company positions itself against horizontal AI platforms by emphasizing domain-specific curation for commercial real estate data, documents, and decision-making processes, while also noting that its product works out of the box without customer-specific training and that customer data is not used to train any models.
Cadastral said it launched its flagship product in late 2025 and has already grown to more than 40 customers, with adoption across a wide range of commercial real estate use cases and firm types. The platform also integrates with document management systems including SharePoint, Box, and Dropbox, and connects with core real estate software such as Yardi.
The company was founded by Abhinav “Abe” Somani, CEO and co-founder, and Aman Dhesi, CTO and co-founder. Somani previously founded Leverton, an AI-powered document intelligence company acquired by MRI Software in 2019, and Cadastral said he brings more than two decades of experience across real estate investing and enterprise software. Dhesi previously built large-scale AI systems at Meta, DoorDash, and Square.
KEY QUOTES:
“Harvey, Hebbia, Rogo, and others have built transformative AI platforms for their respective industries — real estate shouldn’t be left behind. Whether you’re in acquisitions, asset management, lease administration, occupier services, legal, lending, or capital markets, Cadastral offers a true one-stop-shop AI real estate analyst. We’re bringing institutional-grade AI agents to every real estate professional.”
Abhinav “Abe” Somani, CEO and Co-Founder, Cadastral
“Every real estate organization is considering its AI strategy at the moment, so the time is now. Our strong thesis is that vertical AI with true domain understanding is needed to capture value and win in the market. We’ve seen that play out across our prior investments such as EliseAI and we are starting to see it with Cadastral.”
Jenny Song, Partner, Navitas Capital
“We’re really excited about what Cadastral is building and how quickly it has already scaled across a number of JLL use cases. The speed at which teams can get value from the product is extremely compelling.”
Raj Singh, Managing Partner, JLL Spark Global Ventures
“We’ve democratized advanced AI capabilities for everyone in the industry — from small owner-operators to large publicly traded REITs. Cadastral delivers real value within seconds of logging in.”
Aman Dhesi, CTO and Co-Founder, Cadastral
