What Cambio does

Cambio is an AI-native commercial real estate operations platform founded in 2022 by Leia de Guzman and Stephanie Grayson, both former institutional CRE operators from KKR, Goldman Sachs, Oxford Properties Group, and JPMorgan. The company targets institutional commercial real estate funds, asset managers, sustainability teams, and property operators, with a customer roster that includes Nuveen, Principal Real Estate, BGO, MetLife, JLL, Cushman & Wakefield, LaSalle, Madison International Realty, Boston Properties, HOOPP, Clarion Partners, and other large institutional owners. The platform covers 2.0 billion+ square feet across 12,201 buildings in 35+ countries, addressing the CRE industry's reliance on manual workflows for multi-million dollar decisions around acquisitions, retrofits, and compliance.

The core technology is an agentic AI platform built ground-up around large language models. The system ingests unstructured building data including utility bills, energy audits, architectural drawings, and regulatory filings using multi-language OCR covering 15+ languages, then runs multi-step reasoning to produce investment-grade outputs: ROI-ranked retrofit recommendations, IC memo appendices, decarbonization roadmaps, and one-click compliance reports for GRESB, TCFD, SFDR, CRREM, EnergyStar, LL97, BERDO, BEPS, and EPC frameworks. Proprietary capabilities include an AI voice agent that conducts tenant outreach by phone, automated retrofit audits during acquisition due diligence, and direct API integrations with thousands of global utility providers. The platform is SOC 2 Type II, ISO 27001, and GDPR compliant, hosted on AWS.

Cambio operates a sales-led enterprise SaaS revenue model with quote-based annual contracts targeting institutional funds managing $100B+ in real estate. A free tier (Cambio Vault) for EnergyStar users functions as a top-of-funnel lead generation channel, alongside a 3-month free trial of Cambio Premium for new benchmarking clients. The company raised approximately $22M in cumulative equity funding as of January 2026, including an $18M Series A led by Maverick Ventures at a $100M post-money valuation. Founded as part of Y Combinator's Summer 2022 cohort, Cambio spent an extended R&D and stealth phase before publicly launching in January 2026 and subsequently opening a London office for European and APAC expansion.

Name

Cambio

Legal name

Cambio AI Inc.

Website

https://cambio.ai

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

Cambio is an AI-native commercial real estate operations platform that transforms unstructured building data into ROI-ranked retrofit recommendations and automated compliance reporting for institutional CRE investors, asset managers, and property operators across 35+ countries.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Operations Software

akta.pro primary industry

Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

akta.pro secondary industries

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)

Keywords

• Commercial real estate software
• AI building analytics
• Decarbonization platform
• Energy benchmarking software
• Real estate compliance reporting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Enterprise SaaS subscriptions: Primary revenue stream is enterprise SaaS. Per Crunchbase feature: "Cambio operates an enterprise SaaS revenue model. It plans to use its new capital primarily to scale product and engineering." Targets institutional commercial real estate funds with multi-million dollar contracts.
2. Freemium lead generation (Cambio Vault): Free EnergyStar data backup offering (Cambio Vault) used as a freemium funnel into paid subscriptions. Includes free regulatory benchmarking exposure audit to convert EnergyStar users into paid platform clients.
3. Professional services (audit & assurance support): Partner Strategy team provides tailored playbooks, proactive check-ins, and deal-by-deal guidance acting as an "extension-of-staff." Includes custom onboarding, IC memo support, and audit/assistance workflows bundled with platform subscriptions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Cambio offers an AI-native commercial real estate operations platform that ingests unstructured building data (utility bills, energy audits, architectural drawings, regulatory filings) and applies agentic AI and large language models to reason over it. The platform surfaces ROI-ranked retrofit recommendations, automates compliance reporting across frameworks including GRESB, TCFD, SFDR, EnergyStar, LL97, BERDO, BEPS, and EPC, and generates investor-grade capital planning outputs such as IC memo appendices and capex forecasts. Free add-on Cambio Vault backs up EnergyStar data, while the autonomous Cambio Benchmarking Agent handles regulatory submissions with AI voice-based tenant outreach, serving institutional CRE investors, owners, and operators globally.

Product overview

Cambio offers a single AI-native commercial real estate operations platform, structured as a core platform with four role-based solution modules (Asset Management, Sustainability, Investments, and Property Management) plus the free Cambio Vault add-on for EnergyStar data backup and a set of autonomous AI agents (notably the Cambio Benchmarking Agent). The Core Platform handles end-to-end data ingestion, AI-ranked retrofit recommendations, performance measurement, and compliance/reporting, and the four solution modules layer on workflows tailored to each real estate function, while Cambio Vault and the Benchmarking Agent extend the platform with free utility backup and autonomous submission handling respectively.

Differentiator

Problem solved

Functional benefit

Brands

• Cambio Vault: Free EnergyStar backup and regulatory benchmarking audit offering for commercial real estate users, allowing backup of EnergyStar data, regulatory benchmarking exposure audit, dashboard analytics, and energy/emissions tracking.

Products and services

• Cambio Platform (Core Platform) AI-native commercial real estate operations platform that ingests building data from any source, surfaces AI-ranked retrofit recommendations, measures performance, and automates reporting and compliance across global institutional real estate portfolios.
• Cambio Vault Free EnergyStar data backup tool that syncs with ESPM to maintain a historical record of building performance, offers dashboard analytics and visual insights, and includes a complimentary regulatory benchmarking exposure audit for commercial real estate portfolios.
• Cambio for Asset Management Asset management module that automates business planning, budgeting, capital planning, and internal/LP reporting; surfaces AI-generated opportunities across leasing, debt, capex, and operations, with every figure traceable to its source system or document.
• Cambio for Sustainability Sustainability module that automates utility data collection, annual carbon reporting (GRESB, TCFD, SFDR, CRREM, EnergyStar, EPCs, municipal benchmarking like LL97/BERDO/BEPS), and AI-powered decarbonization roadmaps across the entire portfolio.
• Cambio for Investments Investments module for acquisitions and dispositions that generates AI-based capex audits during diligence, runs scenario modeling (retrofit now vs. hold vs. sell vs. exit as-is), and produces investor-ready IC memo appendices within 10 days.
• Cambio for Property Management Property management module that automates regulatory benchmarking submissions, energy and carbon reporting, system inventory and retrofit audits, and collaboration with tenants, asset management, and building engineers.
• Cambio Benchmarking Agent Autonomous benchmarking submission agent that matches assets to jurisdictions, pre-populates forms, runs automated tenant outreach (including an AI voice agent by phone), and pushes verified whole-building data into Energy Star Portfolio Manager for benchmarking submissions.

Quantifiable outcome

• 4x data quality improvement verified by third-party audit and assurance
• +7 more outcomes

Named customers23 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability15 records

Feature7 records

Partnerships

Five partnerships are on record, tiered flagship - ecosystem partner, core - compliance partner, core - infrastructure provider, core - product integration and core - compliance audit partner.

• GRESBflagship - ecosystem partnerStrategic or Co-development Partner · 8 April 2026Cambio is now an official GRESB partner. The partnership delivers tighter alignment between Cambio and GRESB so outputs feeding client submissions meet the standard's expectations. Cambio automates the GRESB submission process and supports the GRESB Technical Building Assessment (RA2).
• Vantacore - compliance partnerTechnology or Integration · 22 January 2026Vanta partnered with Cambio to seamlessly guide it through the SOC 2 Type II compliance process (per Security page). Vanta executives also participated as angel investors in the Series A.
• Amazon Web Services (AWS)core - infrastructure providerTechnology or IntegrationAll of Cambio's environments are backed by AWS security measures. Cambio uses AWS Identity and Access Management (IAM) for role-based access, AWS KMS for encryption key management, and AWS Secrets Manager for application secrets. AWS maintains ISO 27001, PCI DSS, and SOC 2 certifications.
• EnergyStar Portfolio Manager (EPA)core - product integrationTechnology or IntegrationCambio integrates directly with EnergyStar Portfolio Manager for ongoing synchronization, ENERGY STAR Score tracking, and automated regulatory benchmarking submissions. Customers can back up their EnergyStar data on the free Cambio Vault product.
• Advantage Partnerscore - compliance audit partnerImplementation/ SI/ Consulting PartnerAdvantage Partners partnered with Vanta to guide Cambio through the SOC 2 Type II compliance audit.

Scale indicators12 records

Recent moves7 records

Expansion highlights8 records

Direct peers

• Measurabl: Measurabl is the most direct competitor to Cambio's sustainability module — a SaaS platform for ESG/carbon reporting, GRESB/TCFD/SFDR benchmarking, and utility data management for commercial real estate. Both target institutional owners with overlapping compliance frameworks and similar buyer personas (sustainability and asset managers).
• Deepki: Deepki is a Paris-based CRE sustainability and ESG data intelligence platform used by major European institutional investors. Directly comparable to Cambio's Sustainability module for GRESB/SFDR/CRREM reporting, decarbonization planning, and utility data aggregation across European institutional portfolios.
• GreenLite (LightBox): GreenLite (formerly RE Tech Advisors' benchmarking product) automates municipal benchmarking compliance (LL97, BERDO, BEPS) and carbon tracking for U.S. CRE portfolios. Overlaps directly with Cambio Benchmarking Agent and Sustainability module for U.S.-based institutional and middle-market CRE owners.
• Bright Power: Bright Power provides energy benchmarking, audit, and retrofit analytics for multifamily and affordable housing portfolios, including EnergyStar benchmarking. Comparable to Cambio's affordable housing deployments (e.g., Nuveen) and the Property Management solution.

Emerging players

• Carbon Lighthouse: Carbon Lighthouse identifies and implements carbon-reduction retrofits in commercial buildings using a data-driven approach. Partial overlap with Cambio's retrofit identification and decarbonization roadmap capabilities for CRE investors.
• WiredScore: WiredScore is the dominant digital connectivity rating platform for commercial buildings, used by institutional landlords. Adjacent to Cambio's CRE data layer; both compete for the institutional landlord technology budget and surface building-level operational intelligence.
• Watershed: Watershed is an enterprise carbon accounting and reduction platform. Adjacent peer — overlaps with Cambio on corporate carbon reporting and decarbonization analytics but is not CRE-specific.
• UtilInsight: UtilInsight (formerly Metrus Energy/related utility data platforms) provides utility bill management and energy data analytics for commercial portfolios. Comparable to Cambio's automated utility API ingestion and benchmarking workflows at a smaller scale.

Broad incumbents

• JLL (Jones Lang LaSalle): JLL is a global CRE services firm that is both a Cambio customer and a competitor through its own JLL Technologies / proptech offerings (incl. building analytics and sustainability advisory). Comparable as a broad incumbent that could subsume Cambio's functionality within its managed services.
• Cushman & Wakefield: Cushman & Wakefield is a global CRE services firm that is also listed as a Cambio customer. Its C&W ESG advisory, EnergyStar benchmarking services, and digital tools overlap with Cambio's offerings, making it both a channel partner and a long-term competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cambioai

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cambio