Propy secures $100m facility to automate real estate closings

February 2, 2026

Propy, a technology company using AI and blockchain to automate real estate closings, has secured a $100m credit facility to accelerate its vision of building an AI-powered, end-to-end real estate transaction platform across the United States.

The $100m facility has been provided by Metropolitan Partners Group, a private investment firm specialising in growth and situational capital for small and mid-sized non-sponsored businesses. The financing will support Propy’s strategy to consolidate licensed title and escrow companies and integrate them into a single, automated closing platform powered by artificial intelligence.

The funding comes as pressure mounts across the housing market to address affordability challenges, while AI technology reaches enterprise-grade reliability, Propy said. In traditional real estate transactions, costs can approach 10% of a property’s value due to fragmented workflows and the involvement of multiple intermediaries. In some cases, closing costs and associated fees exceed a buyer’s down payment, erasing years of savings. Propy is targeting this friction by automating one of the most complex and overlooked parts of homeownership: the closing process.

As part of this effort, Propy has launched an AI Agent designed to perform several functions typically handled by escrow officers. These include monitoring emails, opening transactions around the clock, checking bank accounts, and communicating with lenders and homeowners associations. The company believes this automation can significantly reduce manual workloads while increasing transaction speed and reliability.

Propy has also seen strong inbound M&A interest supporting its national roll-up strategy. In recent weeks, the company completed a second $5m acquisition and entered into a letter of intent for a third $6m deal. Its active acquisition pipeline currently totals approximately $75m.

The company plans to acquire firms generating between $5m and $20m in annual revenue across states including California, Texas and Tennessee. Local teams will be retained, while automation is used to increase transaction volumes and expand margins. Propy said that acquired businesses are upgraded with automated workflows that can reduce manual workloads by up to 70%, with blockchain technology supporting auditability and settlement security.

Propy founder and CEO Natalia Karayaneva said, “We’re building the infrastructure layer that allows real estate to operate on par with modern financial markets: AI-enabled and more liquid.

“Multi-agent orchestration will allow transactions to become so smooth and cheap, that the new generation will be buying homes anytime they change a city. Instead of 4-7 million homes sold every year, we believe we’ll witness 20 million homes changing hands.”

Paul Lisiak, managing partner and chief investment officer at Metropolitan, said, “We are pleased to support Propy as it brings much-needed efficiency and transparency to residential real estate transactions.

“As a capital provider to growing, asset-backed businesses, we were drawn not only to the underlying durability of title and escrow operations but also to Propy’s practical approach to improving the closing process with next-generation AI tools. We look forward to partnering with Natalia and the Propy team as they continue to expand and make real estate transactions simpler, faster, and more cost-effective for consumers across the United States.”