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By Nazish Shah • Fri Jul 31 2026

Henry AI, the AI platform automating back-office knowledge work for commercial real estate (CRE) teams, has raised $16.5 million in a Series A funding round led by FirstMark Capital, with strategic participation from Thomson Reuters Ventures and continued backing from investors including Y Combinator, Susa Ventures, RXR Arden Digital Ventures, and others.
The funding comes as Henry strengthens its position across the commercial real estate industry, with more than 150 firms, including teams from all of the largest CRE brokerages, using its platform to automate document-intensive workflows.
Henry's AI platform streamlines the creation of offering memorandums, underwriting packages, pitch decks, and buyer lists, helping firms dramatically reduce manual effort. The company has generated more than 20,000 client-ready deliverables representing over $150 billion in deal value, reducing analyst production time by up to 90% and cutting work that once took 15 hours to approximately 30 minutes of human review.
Building on this momentum, the company has launched Henry Deal, a new platform designed to transform decades of proprietary transaction data into an intelligent system of record that supports the entire deal lifecycle, from underwriting and marketing to execution and closing.
“Every deal in commercial real estate is buried under a pile of documents that someone had to make by hand,” said Sammy Greenwall, Co-founder and CEO of Henry.
“But the documents are just the surface. The real problem is that these firms are sitting on the most valuable data in the industry and can't actually leverage it. We started by automating the deck. With Henry Deal, we're shipping the system of record that turns that institutional knowledge into every deliverable a deal needs. Winning the deal today, the entire back office tomorrow.”
Henry's technology is already delivering measurable results for customers across the industry. Real estate firms have significantly reduced turnaround times for property valuations, offering memorandums, and marketing packages, while more than 20% of customers report reducing staffing requirements through automation.
Explaining the firm's investment, Adam Nelson, Partner at FirstMark Capital, said:
“What made Henry impossible to ignore was not just the growth, but the evidence that customers were beginning to treat it as an extension of their team. Henry combines deep commercial real estate expertise with a technical team that is translating that insight into product at remarkable speed. The company began with one of the industry's most painful back-office bottlenecks; today, it is becoming the system firms rely on to underwrite, win, and execute deals. We believe Henry is on a path to becoming the intelligence layer for commercial real estate.”
Henry plans to use the new funding to expand its engineering and product teams while accelerating its vision of becoming the central operating system for commercial real estate transactions.
“The bottleneck in CRE has never been the data, it's the cost of turning data into finished deliverables,” said Adam Pratt, Co-founder and CTO of Henry.
“Every step in the deal chain has been done manually by expensive people under deadline pressure. We built Henry to automate that entire layer. Now we scale it.”
The funding and launch of Henry Deal underscore the growing role of artificial intelligence in commercial real estate, as firms increasingly adopt AI to automate workflows, unlock institutional knowledge, and improve the speed and efficiency of deal execution.