A 22-year-old founder has just put the global property technology market on notice.
Dublin-based AI startup MARC has successfully raised $1 million in a pre-seed funding round backed entirely by high-profile angel investors. The company is set to revolutionize how institutional real estate owners manage their massive portfolios by using artificial intelligence to clean up messy data and catch billing errors.
Star Studded Investment Round Without VCs
It is rare to see a million-dollar funding round comprised strictly of angel investors without any venture capital firms involved.
This unique approach highlights the strong belief industry veterans have in this new platform. The round saw participation from 23 individual investors who are titans in the Irish and global tech scene.
The impressive roster includes Jack Pierse of Wayflyer and Tom Kennedy of Hostelworld.
Other notable backers joined the fold to support this vision.
- Susan Spence: Co-founder of SoftCo
- James McGann: Co-founder of Unmind
- Eoghan Quigley: Vice President of the Dublin Chamber of Commerce
These investors bring more than just capital to the table. They bring decades of operational experience and global networks that can fast-track growth.
marc startup founder aaron devitt real estate ai technology funding
Solving The Nightmare of Scattered Data
Managing large real estate portfolios is incredibly complex and often chaotic.
Property managers deal with thousands of vendor contracts for services like cleaning, security, and maintenance. These critical documents are rarely stored in one clean database.
Contracts and invoices are usually hidden inside email inboxes, shared drives, and outdated legacy systems.
This fragmentation causes serious financial leaks.
Teams struggle to track renewal dates or fee structures efficiently. This leads to missed cancellations, unwanted auto-renewals, and paying invoices that do not match the agreed contract terms.
Aaron Devitt, the 22-year-old founder of MARC, saw this inefficiency firsthand.
He realized that manual checks were too slow and prone to human error. He decided to pause his university studies to build a solution that could handle this asset data at an institutional scale.
AI Agents That Act Like Auditors
MARC tackles this problem using advanced AI-powered contract agents.
These digital agents do not require users to upload files manually. They connect directly to existing systems like Microsoft Outlook and SharePoint.
The system automatically hunts down contracts, reads them, and extracts the data you actually need.
It turns a mess of PDFs into a searchable database.
The platform does more than just organize files. It actively protects the bottom line for property owners.
Here is how MARC helps asset managers save money:
| Feature | Benefit to Owner |
|---|---|
| Auto-Discovery | Finds contracts hidden in emails without manual searching. |
| Term Extraction | Pulls out renewal dates and fee structures instantly. |
| Invoice Auditing | Compares monthly bills against contract terms to catch overcharging. |
The ability to compare invoices against contracts is a game changer. Operators can now spot discrepancies before they pay the bill. This directly improves the net operating income for real estate funds.
Big Plans For North American Expansion
The startup has moved incredibly fast since its launch in 2024.
MARC initially started by helping Irish property managers streamline their operations. The company has now expanded its reach to serve major institutional owners across the United States and Canada.
This funding will add fuel to that fire.
The $1 million injection will be used to refine the product further. The team plans to enhance the AI capabilities to handle even more complex real estate scenarios.
A significant portion of the funds is allocated for aggressive expansion into the North American market.
The US multifamily market represents a massive opportunity for technology that can save operational costs. With high interest rates squeezing property margins, tools like MARC are becoming essential rather than optional.
The trust shown by 23 seasoned founders suggests that this young team is on to something big.
As the property sector digitizes, solutions that sit on top of existing workflows instead of replacing them are winning. MARC fits perfectly into this trend by working where the data already lives.
This could mark the beginning of a new era for automated asset management.
The real estate industry is notoriously slow to adapt to new tech. However, the promise of stopping financial leaks automatically is a powerful motivator for change.
Readers, what do you think about a 22-year-old founder raising such a massive round from industry legends? Do you think AI is the answer to real estate management?
Let us know your thoughts in the comments below. If you are excited about Irish tech going global, share this story on social media using #MARCtech.
