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Grotto AI develops an AI platform for the multifamily real estate sector, providing real-time coaching and guidance to leasing teams during calls and tours from its New York, United States base. The platform analyzes interactions to identify successful behaviors, aiming to enhance occupancy, revenue, and Net Operating Income (NOI) for property owners by addressing vacancy loss without automating human relationships. The company raised $10 million in seed funding in February 2026, with the round led by ICONIQ and additional participation from Asymmetric Capital Partners (ACP.vc). Notable individual investors include Avi Dorfman, co-founder of Compass Real Estate, and Caren Maio, co-founder of Funnel Leasing, alongside industry advisors like David Dear. Grotto AI was founded circa 2025 by Nick Deveau and Ben Epstein.
Grotto AI has raised $10.0M across 1 funding round.
Grotto AI has raised $10.0M in total across 1 funding round.
Grotto AI has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Seed in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 19, 2026 | $10M Seed | Tengbo LI | AVI Dorfman, David Dear, Asymmetric Capital Partners | Announced |
Grotto AI has raised $10.0M in total across 1 funding round.
Grotto AI's investors include Tengbo Li, Avi Dorfman, David Dear, Asymmetric Capital Partners.