Henry AI, an AI platform automating back-office work for commercial real estate teams, has raised $16.5 million in Series A funding led by FirstMark Capital. Thomson Reuters Ventures and Y Combinator participated in the round. The New York-based company serves over 150 firms, including all major commercial real estate brokerages. Its platform automates document creation for offering memorandums, underwriting, and pitch decks, reducing analyst production time by 90%. The system has produced over 20,000 deliverables representing more than $150 billion in deal value. Henry has launched Henry Deal, which transforms firms' institutional memory into transaction deliverables. The company will use the funding to expand its engineering and product teams. Adam Nelson, partner at FirstMark Capital, has joined Henry's board of directors.

Henry AI, a startup revolutionizing the commercial real estate (CRE) industry, has raised $4.3M in seed funding. The platform automates repetitive tasks like market analysis and marketing decks, allowing CRE professionals to focus on closing deals. Backed by investors such as Susa Ventures and part of Y Combinator, Henry AI is already used by 5 of the top 10 U.S. brokerages, marking a significant shift towards AI-driven efficiency in the $20 trillion CRE sector.