AI Tools Bakery · Jul 2026
Independent review describing Propaya as a fast, clause-cited lease abstraction tool, noting strengths such as source-linked citations and an optional human QA layer.
AI commercial lease abstractions and review
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Propaya is a YC S24, San Francisco-based proptech company building an AI-powered commercial lease abstraction and review platform. Its product extracts lease terms, adds clause-level citations, and turns dense leases into export-ready, workflow-friendly data for CRE teams.
Primary product
AI-powered commercial lease abstraction and review platform
Founded
2024
Headquarters
San Francisco, California, United States
Team size
1-10 employees
Industry
Leasing Non-residential Real Estate
Sub-industry
AI-powered commercial lease abstraction / proptech software
Offices
0 jobs at Propaya
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Business model
Stage
Pre-Seed
Total raised
$500K
Latest round
Pre-Seed · Sep 2024
Latest amount
$500K
Sep 2024 · Y Combinator
Investors
Public materials describe a founder-led team that iterates quickly, with repeated references to late nights, feedback loops, and relentless product iteration around customer needs.
Pricing
Self-serve monthly plan plus custom enterprise pricing
Differentiators
Technology
Customers
Competitors
Estimated revenue
≈$500K–$1M ARR (GetLatka estimates ~$660K ARR as of 2025-09-02)
Estimated monthly visits
879
AI Tools Bakery · Jul 2026
Independent review describing Propaya as a fast, clause-cited lease abstraction tool, noting strengths such as source-linked citations and an optional human QA layer.
Fondo · Feb 2026
Third-party launch write-up summarizing Propaya’s property management automation, calendar/alerts, finance management, and remote/mobile-friendly workflows.
LinkedIn · Mar 2025
Public launch post announcing broader availability of the lease abstraction tool and highlighting sources/citations, Excel exports, lease management, and self-serve signup.
Y Combinator
YC launch page describing Propaya’s lease abstraction and review product, target users, and workflow benefits, including clause-cited extraction and export-ready outputs.