Pitchdrive leads a $1.4 million pre-seed investment in Lette AI, a Dublin-based startup aiming to revolutionize property management through AI technology.

Information on the Target

Lette AI is a Dublin-based startup focused on revolutionizing the property management industry through advanced artificial intelligence. The company is developing an intelligent AI operating system designed to streamline and enhance the operations of modern property teams. This innovative platform aims to automate various tasks including leasing, renewals, maintenance coordination, and tenant engagement, significantly improving productivity within the sector.

Founded by Mohan Sai and Jakub Rajek, Lette AI leverages the founders' experience from their previous venture, Nory AI, which successfully transformed restaurant operations through AI technology. Within two months of its launch, Lette AI has demonstrated impressive traction by managing over 5,000 properties and collaborating with notable players in the Irish market.

Industry Overview in Ireland

The property management industry is a cornerstone of the global economy, valued at over $200 billion. However, it is largely characterized by outdated practices, with many operations still reliant on manual p