Marc Raises $5 Million to Expand AI Real Estate Platform Across North America
AI-powered real estate technology company Marc has raised $5 million in a seed funding round to accelerate its expansion across the United States and Canada. The latest investment brings the company's total funding to $6 million, following an earlier $1 million raise in February 2026.
The funding round was led by Work-Bench and MXV Capital, with participation from 23 angel investors. Backers include Jack Pierse of Wayflyer, Tom Kennedy of Hostelworld and Susan Spence of SoftCo. Other investors include Mark Ghermezian, co-founder of customer engagement platform Braze, Des Traynor and Ian Nolan, co-founder of Brightflag.
Founded by Aaron Devitt, a graduate of Technological University Dublin, Marc develops AI software designed to help institutional real estate owners and property managers monitor operating expenses. Its platform analyses fragmented vendor contract and invoice data associated with property units, helping users identify discrepancies that could lead to overpayments.
Managing expenses across large property portfolios can be challenging, particularly when owners deal with extensive invoice volumes and lengthy supplier agreements. Marc's technology is designed to bring this information together and make it easier for property managers to identify potential billing inconsistencies.
Marc to strengthen its North American presence
The newly secured capital will support recruitment across product development, engineering and go-to-market functions over the next 12 months. The company also plans to strengthen its New York operations as it expands its work with institutional real estate customers across North America.
Marc currently works with customers across 30 US states and operators in Canada. Its customer base includes Magnolia Capital, Birge & Held and several multi-state organisations regulated by the US Securities and Exchange Commission (SEC). The company also maintains operations in Dublin.
Founder and CEO Aaron Devitt said the business had already achieved profitability before deciding to accelerate its North American growth. He highlighted the opportunity to build stronger product capabilities and establish a closer presence with customers through the New York base.
Jonathan Lehr, co-founder and general partner at Work-Bench, pointed to the difficulty institutional property owners face in tracking operating expenditure across complex portfolios. He also highlighted the potential value of building a hyperlocal database of multifamily operating expenses across different markets.
The expansion follows Marc's growth in the UK and Ireland, where its first property management product recorded more than 40,000 monthly logins. The latest funding will support its next stage of growth in North America.
