Automating commercial real estate data collection
PropRise is a next-generation data and analytics provider transforming the commercial real estate (CRE) sector through AI-driven automation. We specialize in sourcing alternative and hard-to-find data, converting unstructured formats—ranging from documents to images to audio—into structured, actionable insights. Our platform gives brokers and investors near real-time access to critical data such as sales comparables, rental history, and market trends, significantly enhancing the acquisitions process. Our mission is to be the catalyst for growth and innovation in the CRE market. We offer an unparalleled competitive advantage by delivering 10x the data at 1/100th the cost of traditional providers. Powered by proprietary machine learning algorithms, PropRise is redefining data collection and analytics in commercial real estate.
Active Founders
Jean-Michael Diei
Big fan of applying machine learning to real-world problems. At PropRise, we are using AI to provide useful data to the fragmented commercial real estate sector. Prior to this, I led applied ML efforts across various industries at companies such as Stripe, Embark Trucks and Microsoft. Studied Machine Learning/Computer Vision at Carnegie Mellon University.
Matthew Krager
Heyo! I'm Krager. - Currently working in PropTech. - Long-time iOS and Full-Stack Dev. - Worked on FB Recruiting and Stripe Terminal
Company Launches
tl;dr: Beacon is the first AI-powered market intelligence platform purpose-built for self-storage developers. By leveraging AI to rapidly analyze vast data sets, Beacon empowers users to forecast demand, pinpoint ideal site locations, and outpace competitors. Join the waitlist today for early access!
Hi, YC community! We're Jean-Michael and Krager, the founders of PropRise.
At PropRise, we're on a mission to bring the power of data to the commercial real estate industry. After launching our first product for mobile home parks last year, we discovered a huge need for better intelligence in the booming self-storage sector.
The Self-Storage Developer's Dilemma 🏗️
The self-storage industry is experiencing unprecedented growth, with 54.4M sq. ft. of new space set to be completed in 2024 alone. However, this rapid expansion brings increased competition and market saturation risk.
To succeed in this environment, self-storage developers need to quickly identify the most promising opportunities and make data-driven decisions. However, the current market intelligence landscape is fragmented and outdated, making it difficult and time-consuming to gain the necessary insights.
Introducing Beacon 🌟
Beacon solves this problem by leveraging AI to collect and analyze self-storage data at an unprecedented scale and depth. With Beacon, self-storage developers can:
- Forecast Demand: Predict future storage needs and optimize development strategies with AI-powered demand forecasting.
- Select Optimal Sites: Identify the most promising locations for new developments based on a comprehensive analysis of market factors.
- Analyze Competition: Stay ahead of the competition with insights into market trends, competitor activity, and pricing.
Beacon empowers users to make smarter, faster decisions and accelerate their self-storage development projects from concept to completion.
Our Ask 🙏
Here are a few ways you can support us:
- Book a demo or join the waitlist. Click Here
- Share this post and help spread the word to self-storage developers, investors, and other CRE professionals.
- Connect us with potential users and industry experts who could benefit from Beacon's insights.
If you have any questions or just want to chat about the future of CRE tech, feel free to reach out to us directly at founders@proprise.io. We'd love to hear from you!
And of course, a huge congrats to all the other amazing YC companies launching today! 🎉
Other Company Launches
PropRise - Automating commercial real estate data collection
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