The Dublin startup now serves institutional real estate portfolios across Ireland, the US & Canada.
Dublin-based MARC, an AI company focused on real estate asset management, has raised a $1 million pre-seed round from 23 angel investors, with no venture capital participation. Backers include Jack Pierse (Wayflyer), Tom Kennedy (Hostelworld), Susan Spence (SoftCo), Eoghan Quigley (the Dublin Chamber of Commerce), and James McGann (Unmind), alongside institutional real estate investors and US-based multifamily operators.
Large real estate portfolios often involve thousands of vendor contracts covering services, licences, and certifications. Key information such as renewal dates, escalation clauses, termination rights, and fee structures is frequently scattered across inboxes, shared drives, and legacy systems, making budgeting, audits, asset sales, and invoice reviews slow and error-prone.
MARC was founded by Aaron Devitt to address these challenges. After seeing firsthand how fragmented and inefficient contract and expense management practices affected both renters and asset managers, 22-year-old Devitt began building the platform, deferring his studies to focus on developing a solution for managing asset data at scale.
MARC addresses this problem through AI-powered contract agents that connect directly to existing document repositories, including email inboxes and SharePoint. The system automatically locates contracts, extracts and structures critical terms, and organises them into a continuously updated source of truth that teams can search and query instantly. According to the company, this approach significantly reduces the time required to process contract data.
In addition, MARC compares contract terms with monthly invoices, allowing operators to identify discrepancies and potential overbilling before they affect net operating income.
Since launching in 2024, MARC has expanded from working with Irish property managers to serving institutional owners in the United States and Canada.
The funding will be used to further develop the product and support expansion into the North American market.