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Lette AI is a technology company.
Lette AI develops an artificial intelligence operating system designed to automate and optimize property management workflows. Their platform serves as an AI layer that integrates into existing property stacks, streamlining operations across leasing, maintenance, and resident support. By automating repetitive tasks, Lette AI aims to enhance efficiency, improve response times, and provide real-time insights for property teams, enabling them to manage portfolios more effectively.
The company was co-founded in late 2023 by Mohan Gunti and Jakub Giza, both bringing prior experience from their roles as executives at Nory. Their foundational insight stemmed from recognizing the significant operational friction within property management and the potential for AI to automate manual processes, thereby unlocking new revenue streams and enabling intelligent portfolio oversight.
Lette AI's product is utilized by modern property teams, including leasing and residential departments, as well as institutional real estate funds and operators seeking to scale their portfolios. The company's vision centers on transforming property management by allowing assets to run on autopilot, delighting residents with efficient service, and providing investors with clear, actionable data to confidently expand operations.
Lette AI has raised $1.0M across 1 funding round.
Lette AI has raised $1.0M in total across 1 funding round.
Lette AI has raised $1.0M in total across 1 funding round.
Lette AI's investors include Boris Bogaert, Double Prime LLP, Expa, MMC Ventures, Conor Sheridan, Mark Ransford, Baseline Ventures, Peter Horgan.
Lette AI has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in October 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2025 | $1.0M Seed | Boris Bogaert | Double Prime LLP, Expa, MMC Ventures, Conor Sheridan, Mark Ransford, Baseline Ventures, Peter Horgan |
Lette AI is a Dublin-based proptech startup building an agentic AI operating system for property management, automating workflows like leasing, renewals, maintenance, and tenant engagement to slash admin by up to 90% and save teams 100+ hours monthly.[1][2][4] It serves property managers and investors, including major Irish landlords like Grayling Properties, Storyhouse by Ardstone, Hali, Rathmines House, and Lugus Capital, managing over 5,000 properties across the UK and Ireland just months after launch in March 2025.[1][2] The platform integrates with existing tools like PMS, email, and messaging apps, boosting net operating income (NOI) by handling unstructured data, tenant requests, and decisions autonomously—already processing 300,000+ rental applications.[2][4][5] With a recent $1.4M pre-seed round led by Pitchdrive, Lette AI targets 25,000 properties and $1.1M ARR by March 2026, signaling strong early growth in the $200B global property management market.[1][2]
Lette AI was founded in March 2025 by Mohan Sai and Jakub Rajek, who previously co-founded Nory AI, a restaurant operations platform that raised a $37M Series B by automating high-volume, customer-facing tasks and saving 100 hours of admin monthly.[1][2] Drawing from their Nory experience, the duo spotted similar inefficiencies in property management—manual Excel tracking, buried tenant requests, and fragmented systems—and pivoted to build AI agents for this larger, slower industry.[1][5] Early traction exploded: within two months, they onboarded top Irish players and hit 5,000+ properties; a pivotal pre-seed raise in late 2025, plus hiring industry veteran Jon Hammon as head of growth, fueled expansion plans into the UK and UAE.[1][2]
Lette AI rides the agentic AI wave in proptech, transforming a $200B fragmented market stuck on manual processes amid rising demand for efficient, tenant-centric rentals.[1][2] Timing is ideal: post-2025 AI advancements enable autonomous agents to handle unstructured real estate data, while labor shortages and regulatory pressures favor automation—especially in high-volume regions like Ireland/UK.[1][5] Market forces like institutional investors seeking NOI growth and residents demanding responsive experiences amplify its edge; by rearchitecting operations, Lette influences the ecosystem toward intelligent, self-optimizing infrastructure, much like Nory did for restaurants.[1][2]
Lette AI is poised to dominate proptech AI with its battle-tested founders, explosive early metrics, and clear path to $1.1M ARR by 2026 via UK/UAE expansion and advanced agents.[2] Trends like multi-model AI, continual learning, and "always-on" systems will supercharge its platform, potentially capturing a slice of the global market as property ops digitize.[1][2] Its influence could evolve from Irish disruptor to category leader, unlocking value in the world's largest asset class—just as its pre-seed momentum proves it's already connecting the dots in an outdated industry.[1]