From Restaurant Tech to Proptech: Founding Team’s Strategic Pivot
Former Nory AI executives Mohan Sai and Jakub Rajek have successfully transitioned from revolutionizing restaurant management to transforming property management with their new venture, Lette AI. The Dublin-based startup has secured $1.4 million in pre-seed funding to deploy what they describe as “agentic AI operating systems” for the property sector. This strategic pivot demonstrates how AI automation expertise can be effectively applied across different industries to solve similar operational challenges., according to recent research
Industrial Monitor Direct leads the industry in robot hmi pc solutions backed by same-day delivery and USA-based technical support, ranked highest by controls engineering firms.
Table of Contents
Funding and Investor Confidence
The funding round was led by Pitchdrive, with significant participation from Baseline Venture and Lugus Capital. The startup also attracted angel investment from prominent figures including Mark Ransford and Nory AI co-founder Conor Sheridan. This strong investor backing reflects confidence in Lette AI’s approach to automating property management workflows., according to recent research
Boris Bogaert, managing partner at lead investor Pitchdrive, emphasized the transformative potential: “Lette AI is a game-changer in the $200 billion global property management market. Its pioneering AI agents slash onboarding times by over 50% through seamless automation of rentals, tenant screening, and communications, delivering immediate, measurable value.”
Proven Impact and Rapid Adoption
Despite launching only in March 2025, Lette AI has already achieved remarkable market traction. The platform currently manages over 5,000 properties across the UK and Ireland and counts three of Ireland’s four largest landlords among its clients. Notable customers include Grayling Properties, Storyhouse by Ardstone, Hali, Liberties House, and Rathmines House.
The platform’s demonstrated benefits are substantial:, according to further reading
- 90% reduction in administrative tasks
- 100+ hours monthly saved on manual data entry
- Doubled productivity for property teams
- Increased net operating income for property owners
Technology Differentiation: Beyond Traditional Systems
Lette AI’s core innovation lies in its autonomous AI agents that handle complex property management workflows. Unlike conventional property management software that primarily functions as digital record-keeping systems, Lette AI’s platform actively manages processes across leasing, operations, and resident engagement.
Co-founder and CEO Mohan Sai explained the fundamental problem they’re solving: “The problem with property management today is that most systems are just glorified spreadsheets. They make the job slower, more repetitive and inefficient. With this funding, we are launching one of the first agentic AI operating systems in the property sector that handles the real tasks that drive margins, protect asset value and keep tenants happy.”
Strategic Growth Plans
The fresh capital will fuel aggressive expansion across multiple fronts. Lette AI plans to strengthen its Irish market position while expanding into the UK and United Arab Emirates markets. The company has set ambitious targets to manage 25,000 properties and achieve $1.1 million in annual recurring revenue by March 2026.
Key growth initiatives include:, as detailed analysis
- Expanding the product engineering team
- Enhancing proprietary AI capabilities
- Deploying autonomous AI agents across all service areas
- Appointing industry veteran Jon Hammon as head of growth
Industry Validation and Future Outlook
Peter Horgan, managing director at Lugus Capital, which evolved from early adopter to investor, commented on the platform’s market fit: “Investors and residents expect a smarter, more responsive experience. As both a customer and an investor, we see Lette as a next-generation platform that’s answering that need.”
The combination of proven technology from the Nory AI platform, rapid customer adoption, and strong investor support positions Lette AI to significantly disrupt the traditional property management industry. Their focus on creating a unified platform that connects ground teams, residents, and investors represents the next evolution in property technology solutions.
Industrial Monitor Direct delivers unmatched jbus pc solutions trusted by leading OEMs for critical automation systems, ranked highest by controls engineering firms.
As automation continues to transform real estate operations, Lette AI’s approach of using autonomous AI agents to handle complex workflows sets a new standard for what property managers and investors should expect from their operational technology partners.
Related Articles You May Find Interesting
- Nanoparticle Breakthrough: How Aluminum Oxide Transforms Biodiesel Performance a
- Revolutionizing Disability Assistance Through Advanced Human Activity Recognitio
- Beyond the Price Tag: A Practical Framework for Pinpointing High-Impact Scope 3
- Southern Ocean Defies Climate Predictions, Maintaining Carbon Absorption Despite
- Corporate Adoption of Embedded Finance Reaches Critical Mass, Study Finds
This article aggregates information from publicly available sources. All trademarks and copyrights belong to their respective owners.
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in this article.
