Marc, a New York-based startup that uses AI to check apartment owners' bills against vendor contracts, has raised $5 million in seed funding to expand across the US and Canada. Work-Bench and MXV Capital led the round, bringing total funding to $6 million. Marc's software reads contracts and compares prices and terms with incoming bills through links to owners' accounting and payment systems. It manages more than $100 million in annual vendor spending across 30 US states and Canada. Customers include Magnolia Capital and Birge & Held. For Birge & Held, it reviewed more than 50,000 invoice records from one vendor and found more than 100 charges above contract terms. Marc has eight employees and will hire across product, engineering, and sales.

Dublin-based MARC, an AI-powered real estate asset management startup, has raised $1 million in pre-seed funding from 23 angel investors, with no VC participation. Backers include Jack Pierse of Wayflyer, Tom Kennedy of Hostelworld, and Susan Spence of SoftCo, alongside institutional real estate investors and US multifamily operators. Founded by 22-year-old Aaron Devitt, who deferred his studies to build the platform, MARC addresses contract management challenges in large property portfolios. The company's AI agents connect to document repositories like email and SharePoint, automatically extracting and structuring contract terms whilst comparing them against monthly invoices to identify discrepancies. Since launching in 2024, MARC has expanded from Irish property managers to serving institutional owners in the US and Canada. The funding will support product development and North American expansion.