Real estate

PropRise

Website
Founded 2023Origin source ↗Checked 2026-11-07

Overview

PropRise is the AI platform for institutional CRE investment teams. We automate the tedious, Excel-heavy workflows that slow down dealmaking: from sourcing to underwriting to due diligence. Our two live products serve 50+ customers including Public Storage: Beacon automates site selection for developers, and Primer extracts financial data from deal packages into structured, model-ready formats, cutting hours of analyst work to minutes. We're expanding across asset classes to become the operating system for CRE dealmaking.

Company description As recorded 2026-11-08
LinkedIn
Real estateWorkflow automationBusinessesEnterpriseSubscription

Customers & use cases

PropRise helps acquisition teams source deals faster and underwrite with traceable, defensible data.

Source-reported As recorded 2026-11-01

Founders & team

Previously River AI, River, Introscopic, River AI

Company history As recorded 2026-11-08

Jean-Michael Diei

Founder

Big fan of applying machine learning to real-world problems. At PropRise, we're building the AI platform that automates dealmaking workflows for institutional CRE investment teams. 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.

LinkedIn
Founder profile As recorded 2026-11-07

Matthew Krager

Founder

Heyo! I'm Krager. - Currently working in PropTech. - Long-time iOS and Full-Stack Dev. - Worked on FB Recruiting and Stripe Terminal

LinkedIn X
Founder profile As recorded 2026-11-07
3team members reported
Source-reported As recorded 2026-11-07

Founded 2023 · Source

News & product activity

Sources & observations

Y Combinator

Profile depthverified profile
Website observationwebsite reachable
Last website check2026-11-11
Location · source statedSan Francisco, CA, USA
Pricing evidenceNo pricing page confirmed
Maturity: Operating · 3 of 6 areas documented

Source-based assessment · automated evidence rules

The company website explicitly reports customer or user adoption. This is a source-based assessment of a company claim; scale and revenue are not independently verified.

Company website: home Checked 2026-11-01

Trusted by the teams behind $50B+ in commercial real estate. Source deals and underwrite faster with AI built for acquisition teams.

Maturity is an evidence-based assessment, not a success rating. It may understate the current stage where evidence is limited. Coverage records documented areas, not a complete or independently audited company history.

Stage definitions
independent websitesource corroborationreachable websitedescriptive evidenceclassified market and modelsourced peoplesourced founding year
startup.observe Directory coverage · Sources & method