VerbaFlo, a real estate platform that centres conversational AI in its service, has raised a $7m (£5.24m) seed round.
Founded in 2024, VerbaFlo was built to incorporate AI into real estate, automating leasing, operations and providing a conversational engagement platform for residents.
“Real estate is one of the largest industries in the world, yet much of its revenue still depends on fragmented communication across channels,” said VerbaFlo founder Sayantan Biswas.
“We built VerbaFlo to address this by creating a purpose-built vertical AI platform for residential real estate that integrates with the systems operators already use, enabling them to automate and optimise conversations across the resident lifecycle.”
According to Biswas, the platform now supports more than 40 use cases across enquiry management, lead qualification, bookings, onboarding and resident engagement.
The company said it powers communication and operations across more than 200,000 units supporting engagement in more than 180 languages. As well as its home market in the UK, VerbaFlow has expanded across Europe and the US and has plans to reach the Middle East, Australia and South Africa.
Its seed investment was led by Pi Labs and included participation from Haatch, Navigate Ventures, Old College Capital, the investment arm of the University of Edinburgh.
“VerbaFlo is exactly the type of vertical AI company we are backing at Pi Labs, platforms that deliver measurable operational impact for global real estate owners,” said Faisal Butt, founder and managing partner at Pi Labs.
“We believe the next wave of value creation in the built world will be driven by applied, vertical AI, a thesis we are executing on in our latest fund, Pi Labs Fund IV.”