PredictAP, Inc. raises $5M in funding, led by RET Ventures

PredictAP, a FinTech company specializing in AI-driven accounts payable automation for the real estate industry, has announced the close of a $5 million funding round led by RET Ventures, with participation from Wise Ventures. Both firms have previously backed the company, which provides AI-powered software that automates the ingestion and coding of invoices, replacing manual processes with fully coded invoices ready to flow into existing AP automation systems.

The company’s technology is designed specifically for the real estate sector, offering integrations with widely used property management platforms including Yardi, MRI, and RealPage. The additional capital will be directed toward accelerating PredictAP’s go-to-market expansion, further development of its proprietary AI technology, and expanding integration capabilities with leading real estate software providers.

Over the past year, PredictAP has achieved significant milestones highlighting its rapid expansion in the proptech space, including a strategic partnership with global payments firm Bottomline and a customer base now exceeding 100 companies. The company’s AI system currently processes more than four million invoices annually, reducing average processing times from 11 days to just three days.

“Securing this funding enables PredictAP to fulfill our vision of bringing unparalleled efficiencies to the finance organization in the real estate industry,” said David Stifter, PredictAP CEO. “We’re grateful for the continued support of our investors as we continue to scale the business and deliver even greater value to our customers through cutting-edge AI solutions.”

John Helm, partner at RET Ventures, emphasized the company’s practical approach to AI implementation: “PredictAP’s ability to combine cutting-edge AI with actionable results for its customers is what drew us to this company. They are solving real industry pain points in AP automation, delivering immediate efficiency gains while creating long-term value for owners and operators. We’re excited to partner with them as they expand their reach and push the boundaries of innovation in AP automation.”

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