Proper AI logo — An automation-driven accounting solution for real estate.

Proper AI

An automation-driven accounting solution for real estate.

Founded 2017 United States San Francisco, United States 360 employees Series B Total: $32.80M AI, Financial Services +5

General Information

Company Name Proper AI
Founded Year 2017
Location United States San Francisco, United States
Employees 360
Industries AI, Financial Services, Fintech +4
Funding Stage Series B
Business Model B2B, SaaS
Revenue Model Usage Based, Service Fee, Subscription
Social

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About Proper AI

Proper AI, founded in 2017, is an innovative company at the intersection of AI, Financial Services, Fintech, and Prop Tech. The company offers an automation-driven accounting solution specifically designed for the real estate sector. Headquartered in the United States, Proper AI distinguishes itself by integrating advanced Machine Learning with deep industry expertise to deliver cost-effective, scalable financial services aimed at enhancing customer profit margins.

The startup has successfully secured $20M in funding to date, with a recent Series B investment of $19.00M closed on March 24, 2023. Notably, top-tier investors like FJ Labs and QED Investors have backed the venture, highlighting strong industry confidence in its growth trajectory.

Employing a diverse team of over 300 professionals across six countries, Proper AI's core philosophies emphasize feedback-driven growth, opportunity-focused innovation, and a balance of respect and fun in team dynamics. This approach not only fosters a robust work culture but also aligns with its mission to deliver expert, empathetic, and human-centric financial solutions.

Taxonomy: Accounting Solutions, Cost-Effectiveness, Scalability, International Team, Human-Centric Values, Process Streamlining, Operational Optimization, Bookkeeping, Creative Culture

Services & Products

Accounting Services
AI-Driven Tools
Consultation
Onboarding Support
Cost Management

Target Customers

Property Managers Real Estate Investors Residential Property Owners Commercial Property Managers HOA Administrators Student Housing Operators Co-op Managers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $19.00M 2
FJ Labs, QED Investors
24 Mar 2023
Series A $9.00M 4
Expa, Bling Capital +2
14 Jun 2021
Seed Round $4.80M 4
Rivet Ventures, MetaProp +2
15 May 2020

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FAQ About Proper AI

An automation-driven accounting solution for real estate.
Proper AI was founded in 2017.
Proper AI is headquartered in San Francisco, United States.
Proper AI operates in AI, Financial Services, Fintech, Information Technology, Productivity, Prop Tech and Machine Learning. Its work centres on Accounting Solutions, Cost-Effectiveness, Scalability and International Team. Its customers include Property Managers, Real Estate Investors and Residential Property Owners.
Proper AI has a B2B and SaaS business model. Its revenue comes from Usage Based, Service Fee and Subscription.
Proper AI has approximately 360 employees.
Proper AI has completed 3 funding rounds, raising a total of $32.80M. The latest funding stage is Series B.
Proper AI offers: Accounting Services, AI-Driven Tools, Consultation, Onboarding Support, Cost Management.
Top alternatives and competitors to Proper AI include Fuchs & Eule, BuildingLink, Volley Automation, Interval - Property Valuation Solution, casavi GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Proper AI and Fuchs & Eule are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Proper AI, https://bouncewatch.com/company/proper-ai, updated 10 March 2026. When citing, please name BounceWatch and link this page.

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