Cadastral, an AI-native software company focused on 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 the new capital will be used to accelerate product development and expand go-to-market efforts as it builds what it describes as the industry’s leading “AI analyst in a box” for real estate, private equity, and private credit.
Cadastral said its flagship product launched in late 2025 and has grown to more than 40 customers, with adoption spanning multiple commercial real estate workflows and a range of firm types. The platform is designed to automate time-consuming processes such as T-12 analysis, lease abstraction, loan compliance, acquisitions due diligence, and end-to-end underwriting. The company positions its approach as domain-specific, emphasizing that it is curated for CRE data, documents, and decision-making processes rather than operating as a horizontal AI platform.
Cadastral’s leadership highlighted use cases across the CRE lifecycle, including acquisitions, asset management, lease administration, occupier services, legal, lending, and capital markets. Investors pointed to speed-to-value and readiness out of the box as differentiators in a sector often viewed as slow-moving, with Cadastral also emphasizing that customer data is not used to train any models.
The company is led by CEO and co-founder Abhinav “Abe” Somani, who previously founded Leverton, an AI-powered document intelligence company acquired by MRI Software in 2019. Cadastral is also co-founded by CTO Aman Dhesi, who previously built large-scale AI systems at Meta, DoorDash, and Square. Headquartered in New York City, the company said it integrates with document management systems including SharePoint, Box, and Dropbox, as well as core real estate platforms such as Yardi.
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 of 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 at Navitas Capital, the lead investor
“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 of 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
