PredictAP, the AI-powered software company transforming accounts payable (AP) automation for the real estate sector, has capped a milestone year by securing an additional $5 million in funding.
The raise, led by RET Ventures with participation from Wise Ventures, will accelerate the company’s go-to-market expansion, advance its proprietary AI technology, and extend integration capabilities with leading property management software platforms. Both firms have previously invested in PredictAP.
“Securing this funding enables PredictAP to fulfil our vision of bringing unparalleled efficiencies to the finance organisation in the real estate industry,” said David Stifter, CEO of PredictAP. “We’re grateful for the continued support of our investors as we continue to scale the business and deliver even greater value to our customers through cutting-edge AI solutions.”
Over the past year, PredictAP has seen rapid momentum with major milestones across growth, technology, and partnerships. The company signed a strategic partnership with global payments provider Bottomline, enhancing AP automation solutions for customers using Yardi, MRI, and Realpage ERP systems. Its user base now exceeds 100 clients, including some of the largest owners, operators, and property managers across multiple asset classes.
PredictAP’s AI technology currently processes more than 4 million invoices annually, delivering an average of 80% time savings per invoice. Processing cycles have been reduced from 11 days to just three, a shift the company says is transforming workflows for finance teams. Backed by a workforce of over 20 employees, PredictAP is positioning itself for continued expansion.
“PredictAP’s ability to combine cutting-edge AI with actionable results for its customers is what drew us to this company,” said John Helm, Partner at RET Ventures. “They are solving real industry pain points in AP automation, delivering immediate efficiency gains while creating long-term value for owners and operators. We’re excited to partner with them as they expand their reach and push the boundaries of innovation in AP automation.”
About PredictAP
PredictAP is the leading AI-powered invoice coding solution designed specifically for real estate. Unlike OCR and indexing services, PredictAP provides fully coded invoices, ready to flow through existing AP automation workflows. When paired with industry-leading AP automation solutions, such as Yardi Payscan and Nexus Systems, PredictAP delivers massive cost savings and productivity growth.
Founded in 2020 by a team of real estate, accounting tech, and artificial intelligence industry alumni, PredictAP is based in Boston, Massachusetts. Visit www.predictap.com to learn more.