Dublin’s property sector has long been associated with bricks, mortar, and spreadsheets. But a new generation of founders is applying artificial intelligence to one of real estate’s most persistent operational problems: understanding what is actually buried inside thousands of vendor contracts. MARC, a Dublin based AI startup, is taking aim at this challenge and has now raised $1 million in a pre seed round backed entirely by angel investors.
Angel-backed vote of confidence
The round brings together 23 individual backers rather than traditional venture capital firms, signalling strong conviction from experienced operators and founders. Investors include Jack Pierse of Wayflyer, Tom Kennedy of Hostelworld, Susan Spence of SoftCo, Eoghan Quigley of the Dublin Chamber of Commerce, and James McGann of Unmind. They are joined by institutional real estate investors and multifamily operators based in the United States, underlining the platform’s relevance beyond the Irish market.
For MARC, the decision to raise exclusively from angels reflects both the company’s early stage focus and its close alignment with real world asset management problems.
A hidden operational headache
Managing large real estate portfolios involves far more than owning buildings. Asset managers and operators are responsible for thousands of vendor contracts covering cleaning, maintenance, utilities, licences, and compliance certifications. Critical information such as renewal dates, escalation clauses, termination rights, and fee structures is often scattered across email inboxes, shared folders, and legacy systems.
This fragmentation creates real risk. Budgeting becomes more complex, audits take longer, asset sales are slowed by due diligence issues, and invoice reviews are prone to errors that can quietly erode net operating income.
These inefficiencies were the spark for MARC’s creation.
From frustration to platform
MARC was founded by Aaron Devitt, who began building the platform after witnessing how broken contract and expense management practices affected both renters and property owners. At just 22 years old, Devitt made the decision to defer his studies to focus full time on developing a scalable solution for managing asset data.
His goal was not to create another static document repository, but a system that could actively understand and monitor contracts as living operational assets.
AI agents for contract intelligence
At the core of MARC’s product are AI powered contract agents. These agents connect directly to existing document sources such as email inboxes and SharePoint, eliminating the need for time consuming manual uploads.
Once connected, the system automatically locates contracts, extracts key commercial and legal terms, and structures them into a continuously updated source of truth. Asset management teams can then search and query this data instantly, rather than relying on manual reviews.
According to the company, this approach dramatically reduces the time required to process contract information while improving accuracy and consistency.
Protecting margins through invoice validation
Beyond contract visibility, MARC also tackles another common pain point: invoice reconciliation. The platform compares contract terms against monthly invoices, flagging discrepancies and potential overbilling before payments are approved.
For operators managing hundreds or thousands of vendors, this automated check can have a meaningful impact on margins, helping protect net operating income without adding administrative burden.
Early traction and North American expansion
Since launching in 2024, MARC has moved quickly beyond its Irish roots. The platform is now used by institutional property owners and operators in the United States and Canada, particularly in the multifamily sector where vendor complexity is high.
The newly raised capital will be used to further develop MARC’s product capabilities and accelerate expansion across North America, where the scale of real estate portfolios makes contract intelligence an increasingly strategic concern.
As real estate continues its gradual shift toward data driven operations, MARC is positioning itself as the AI layer that helps asset managers finally understand, and control, what their contracts are really doing behind the scenes.
