Startup Building AI Agents For Landlords Raises $12M
A proptech company focused on deploying AI agents to meet landlords’ leasing and operational needs has closed its second funding round.
Courtesy of Uniti
Uniti co-founders Emre Altinok and Francesco Decamilli
Uniti’s $12M Series-A round was led by Pathlight, with participation from MetaProp and several other investors. It comes after the company secured $4M in a seed round led by Prudence in early 2025.
The company builds artificial intelligence agents that act as a layer within the leasing and operational process for landlords and as a buffer between customers and property management.
Uniti’s agents are used in many aspects of the leasing and sales business, from scheduling prospective tenants to see residential units to following up on inquiries and making transactions over the phone. The agents also work on the operational side, automating collections, maintenance, reviews and payments.
The New York-based startup has grown its headcount from 10 people a year ago to just under 40 today, co-founder and CEO Francesco Decamilli told Bisnow.
“We probably will exit the year closer to 50 to 60 [employees],” Decamilli said. “We certainly are using the funds to invest further in our growth.”
Decamilli founded Uniti in 2023 along with Emre Altinok, whom he met when they were classmates at Yale University. Decamilli previously spent six years at Bisnow, including as chief operating officer, and worked as head of customer acquisition at Knotel and as a vice president at Colliers. Altinok previously co-founded several technology companies, including music app Reaktor.fm and parenting app Oozu.
Uniti’s users include Regus, StorQuest, RHP Properties, Storage King USA and travel agency Fora.
Decamilli said their return on investment from using Uniti’s agents has been significant, with one self-storage operator seeing a 214% ROI and overall customers experiencing 306% net revenue retention as they expand the service across additional properties.
On the leasing side, he said companies have been able to triple the conversion rate from initial inquiry to tenant move-in at properties.
Courtesy of Uniti
A screenshot of Uniti’s dashboard
“Where the platform becomes sticky is when we also start supporting more of the operational workflows, which allows us often to get into things like maintenance, renewals and collections,” Decamilli said.
The startup’s new funding will be used to expand the business and accelerate its growth across several verticals.
Decamilli said other asset classes of interest include marinas, manufactured housing and RV plots.
“When we think about how we scale our business, we think about building a suite of agents that manage repetitive points in the tenant life cycle, then deploying those agents into end markets that would benefit from those workflows,” Decamilli said.
The company is specifically targeting “operationally intensive” asset classes that have a high volume of communication between residents and landlords. Decamilli said his firm has had success so far in self-storage, senior living and coworking.
Over the last 12 months, the company went from deploying agents into 100 self-storage facilities to 1,500, and it went from zero manufactured home sites to more than 230,000. The company is processing over 300,000 two-way conversations a month with these customers.
“A big part of our focus has been breaking into more of these verticals,” Decamilli said. “These are agents that are managing leasing, maintenance and collection workflows on behalf of those customers.”
The agents also run alongside SMS, email, chat, WhatsApp, and more than 15 property management systems and customer relationship management platforms.
“You have property management systems and CRMs that largely humans organize around and use to manage their work, and then you have agents, and agents are sitting between the two, carrying out work on behalf of humans and reducing the load on them,” Decamilli said.
Over the last year, AI has quickly grown in the proptech sector, changing the way investors view the space.
In 2025, AI-native proptech companies took in about $4.5B in venture capital funding, growing their share of proptech VC by 42% year-over-year, according to the Center for Real Estate Technology & Innovation.
Other agentic AI proptech companies have been growing too. In August, EliseAI secured $250M in Series E funding, which it said it would use to automate systems in healthcare and housing.
