Smart Bricks raises $5 million for real estate AI infrastructure

Smart Bricks, an AI-powered property technology (proptech) startup founded in 2024, announced on Tuesday that it has raised a $5 million pre-seed funding round. The investment was led by venture capital firm Andreessen Horowitz (a16z). The startup is also currently part of Speedrun, which is a16z’s startup accelerator program.

Other participants in the funding round include:

• South Loop Ventures
• Cornerstone VC
• Techstars
• Angel investors from OpenAI, Airbnb, Anthropic, Blackstone, and DeepMind

The company, which is based in London and San Francisco, was founded to address deep inefficiencies in how real estate transactions are processed. Founder Mohamed Mohamed previously worked at institutions including BlackRock, Goldman Sachs, and McKinsey, where he observed that large firms treated real estate as a computational problem using internal valuation models and early AI systems. However, he noted that average investors lacked access to these tools, often coordinating deals on WhatsApp or storing critical information in PDFs. Mohamed argues that transactions remain slow and opaque because the critical reasoning lives in people’s heads and the process spans too many disconnected systems. He notes that there has historically been no unified data layer, consistent modeling, or easy way to reason about risk, liquidity, or execution end to end.

To solve this, Smart Bricks is building an AI-powered infrastructure designed to allow real estate to operate more like a modern financial system. The company currently operates in the U.S., U.K., and the UAE. Its platform analyzes data points across pricing, liquidity, transaction history, supply, and financing terms. Unlike standard consumer property portals that simply display available real estate listings, Smart Bricks is developing an autonomous reasoning system to map expected deal outcomes. According to founder Mohamed Mohamed, “Smart Bricks is building the AI infrastructure that allows real estate to operate more like a modern financial system, even across borders.” The startup plans to use the fresh capital to expand its infrastructure into additional markets and advance its product.

While competitors like reAlpha and RoofStock operate in the property technology space, Smart Bricks claims to differentiate itself by building its own technology stack from the ground up rather than building on top of existing platforms.

Why it matters

Smart Bricks is attempting to shift real estate from a manual, opaque process to a software-driven financial system. By building an intelligence layer for underwriting and execution, the startup aims to solve the sector’s core bottleneck: the lack of unified data and automated reasoning across borders.