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Grotto AI

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AI guidance platform for multifamily leasing and renewals

New York City, United StatesFounded 2025Real Estate
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Grotto AI and the history behind them.

About Grotto AI

GrottoAI provides an artificial intelligence-driven technology platform designed for the multifamily real estate sector to minimize vacancy loss. The company's proprietary technology, named Guidance, uses renter data to offer real-time support to property management teams during crucial phases of the tenant lifecycle, such as leasing and renewals. Its services aim to convert more leads into leases and anticipate tenant departures to ensure new tenants are found promptly. The platform features a built-in capability for measuring return on investment.

GrottoAI was co-founded by CEO Nick Deveau and CTO Ben Epstein. Deveau has a background in AI from Stanford and has experience leading AI product development for Fortune 500 clients in sectors like insurance and healthcare. Epstein's career has been focused on building and scaling machine learning and deep learning platforms, including developing a proprietary LLM platform at his previous company, EvolutionIQ. Both founders were instrumental in developing key technology at EvolutionIQ, contributing to its acquisition.

The company operates on a vertical AI SaaS business model, targeting a specific industry with a specialized solution. In July 2025, GrottoAI completed a Seed funding round, raising $4.69 million.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2025
Headquarters
New York City, United States
Employees
13
Open positions
2
Dealroom signal
86.1/100
Industry
Real Estate
Sector
Real Estate, Core AI, Generative AI, genAI Applications
Technology
Artificial Intelligence
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing Feb 2026 $10M $40M Avi Dorfman · Caren Maio · David Dear · Asymmetric Capital Partners ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Grotto AI website traffic

Latest recorded traffic for Grotto AI is 11K monthly website visits, up 124.5% over the last three months. Grotto AI's team grew 550% over the past year.

Latest monthly visits11K 3-month web change+124.5% 1-year team growth+550%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • IONIQ Group
  • Avi Dorfman
  • Caren Maio
  • David Dear
  • Asymmetric Capital Partners
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States77.8%
🇪🇸 Spain11.1%
🇳🇱 Netherlands11.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Grotto AI on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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