Smart Bricks just closed a $5 million pre-seed round led by Andreessen Horowitz, marking one of the largest early-stage checks in proptech this year. The startup is building an AI-powered platform that helps investors identify high-quality real estate opportunities, entering a market where institutional capital increasingly relies on data-driven tools to navigate property investments. With a16z's backing, Smart Bricks is betting that AI can crack the code on real estate deal sourcing at a time when traditional methods are struggling to keep pace with market complexity.
Smart Bricks is stepping into the real estate investment arena with serious firepower. The AI-powered proptech just secured $5 million in pre-seed funding led by Andreessen Horowitz, one of Silicon Valley's most influential venture firms, TechCrunch reported. The round size is notable for a pre-seed deal, especially in proptech, where investors have grown cautious after the sector's pandemic-era boom fizzled out.
The startup is building a platform that leverages artificial intelligence to surface high-quality real estate investments for institutional and sophisticated individual investors. While details about Smart Bricks' specific technology remain limited, the company is entering a space where AI is rapidly reshaping how deals get discovered, analyzed, and executed. Traditional real estate investment relied on broker networks, physical inspections, and gut instinct. Smart Bricks is betting that machine learning models can process property data, market trends, and financial metrics faster and more accurately than human analysts.
Andreessen Horowitz's involvement is particularly significant. The firm has been selectively backing proptech startups, previously investing in companies like Opendoor and States Title. Their decision to lead Smart Bricks' pre-seed suggests conviction that AI-driven investment platforms represent the next wave of real estate innovation. A $5 million pre-seed is well above typical early-stage checks, which usually range between $1 million and $3 million, indicating that a16z sees outsized potential in the team or technology.
