Examen
Examen is an AI platform for commercial real estate that automates document review, underwriting, portfolio reporting, and tenant/lender communications for CRE acquisitions, investment management, and asset management teams via its Vault, Atlas, and Engage products.
- Company typePrivate
- Founded2024
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Examen does
Examen is an AI platform purpose-built for commercial real estate (CRE) acquisitions, investment management, and asset management teams. Its three-product suite — Vault (secure document storage and AI-driven data room analysis), Analyst/Atlas (a 24/7 AI analyst that generates underwriting models, portfolio reports, IC memos, comp sets, and screen outputs on demand), and Engage (AI-drafted, data-backed email responses to brokers, tenants, and lenders) — automates document review, deliverable creation, and external communications that historically consume analyst hours. The platform draws on multiple frontier LLMs, selected per task and enriched with institutional-grade market data and proprietary CRE knowledge, and explicitly commits not to train on customer data; AES-256 encryption is in place and SOC 2 Type II is under audit.
The business operates a SaaS subscription model priced via Order Forms tied to usage thresholds (computational resources, API calls, AI model tokens) with multi-year contract cadences. Go-to-market is enterprise field sales: prospects schedule demos, send deal documents (OMs, leases, rent rolls, T-12s, loan docs) into Examen for analysis, and a public ROI calculator anchors the value argument at roughly $126,173 in annual savings and 1,750 hours saved per team. Examen is headquartered at 1686 Union St, Suite #201 in San Francisco, California, was founded circa 2024, and operates as Examen, Inc., a Delaware C-corp led by CEO Ricardo Chamorro.
In March 2026 the company closed a $4.3M seed round, announced an Atlas product update, and is hiring across engineering, product, design, and sales. No parent company, public listing, or disclosed investor syndicate beyond the seed is reported; named customer logos were not disclosed in the available materials.
Examen firmographics
Firmographics- Name
- Examen
- Legal name
- Examen, Inc.
- Website
- https://examen.ai
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Examen is an AI platform for commercial real estate that automates document review, underwriting, portfolio reporting, and tenant/lender communications for CRE acquisitions, investment management, and asset management teams via its Vault, Atlas, and Engage products.
- Ownership category
- akta.pro rank
Where Examen is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Examen business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software-as-a-Service Subscription: Examen operates as a SaaS platform with subscription-based pricing. The Services Agreement references Order Forms specifying subscription tiers, authorized user counts, and usage thresholds including computational resources, API calls, and AI model tokens.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Order Form-based subscription tiers with usage-based consumption monitoring |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Examen product offering
Product offeringCore offering
Examen provides a domain-specific AI platform for commercial real estate that combines a secure document vault, an on-demand AI analyst, and AI-assisted email drafting. The platform ingests deal and portfolio documents (OMs, leases, rent rolls, T-12s, loan docs), extracts key terms, flags risks, and produces CRE-specific deliverables such as underwriting models, comp sets, IC memos, and portfolio reports. It is sold as a SaaS subscription to CRE acquisitions, investment management, and asset management teams.
Product overview
Examen offers a unified AI platform for commercial real estate with three integrated products: Vault (document management and analysis), Analyst/Atlas (24/7 AI analyst for automated reporting and deliverable generation), and Engage (AI email drafting). The platform leverages multiple frontier LLMs enriched with institutional-grade market data and proprietary CRE knowledge to deliver CRE-specific outputs including underwriting models, portfolio reports, comp sets, and IC memos.
Differentiator
Problem solved
Functional benefit
Brands
- Vault: A secure vault for storing, organizing, and analyzing data rooms and portfolio documents. Enables AI-powered document screening, key term extraction, risk flagging, and deal-ready deliverable generation.
- Analyst (Atlas)
- Engage
Products and services
- Vault Secure document storage and AI-powered document screening for CRE deal rooms and portfolio documents; extracts key terms, flags risks, and generates underwriting models, comp sets, and IC memos. Targeted at CRE acquisitions, investment management, and asset management teams.
- Analyst (Atlas) 24/7 AI analyst that automates diligence, reviews portfolios, and generates deliverables (PDFs, Word documents, email responses, Excel files) on demand; learns firm-specific criteria, objectives, and templates to produce tailored underwriting models, portfolio reports, and screening analytics. Targeted at CRE teams.
- Engage AI-powered email response tool for CRE professionals that auto-drafts data-backed replies to brokers, tenants, vendors, and lenders, citing relevant terms, exhibits, and numbers. Targeted at asset management and investment management teams handling tenant, lender, and broker communications.
Companies that use Examen
Customer profileSegments3 records
Ideal customer profiles3 records
Examen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature4 records
Examen partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights6 records
Examen competitors and assessment
Company assessmentDirect peers
- Dealpath: Dealpath is a CRE deal pipeline and management platform with AI-driven workflows for acquisitions, underwriting, and IC memo preparation — directly overlapping with Examen's Vault and Atlas/Analyst capabilities.
- Cherre: Cherre is a CRE data platform that unifies property, financial, and market data for portfolio analytics — overlapping with Examen's Vault data room centralization and Atlas portfolio analysis.
- Juniper Square: Juniper Square provides investment management software for private and commercial real estate sponsors, including portfolio reporting and investor communications — competing with Examen's Atlas portfolio and IC memo outputs.
Others
- CompStak: CompStak is a CRE lease and sales comp data marketplace that could power or compete with parts of Examen's comp-set research and underwriting workflow as an enabling data vendor.
Emerging players
- Northspyre: Northspyre applies AI-driven automation to CRE project cost tracking, invoicing, and development accounting — an emerging player addressing a different but adjacent CRE workflow with similar AI-native architecture.
- Skyline AI: Skyline AI was a venture-backed CRE AI startup applying machine learning to asset valuation and underwriting before its acquisition — a historical direct peer validating the CRE AI thesis.
Broad incumbents
- Yardi: Yardi is a leading CRE property and investment management software suite for owners and operators — a large incumbent with the data footprint and customer base to compete across all three of Examen's product lines.
- RealPage: RealPage is an entrenched enterprise SaaS provider spanning asset management, accounting, and resident services across multifamily and CRE — a broad incumbent that could bundle competing AI capabilities.
- Argus (Altus Group): Argus, owned by Altus Group, is the dominant CRE valuation, underwriting, and cash-flow modeling software used across institutional CRE — directly competing with Atlas's underwriting-model generation.
- CoStar: CoStar is the largest CRE data, analytics, and marketplace platform (LoopNet, Apartments.com) — a broad incumbent whose data assets and distribution could enable a competing AI analyst experience.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Examen compliance and trust
Trust signalCompliance2 records
Examen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Examen leadership team
Management profileNumber of profiles
Profiles1 record
Examen funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Examen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Examen
What does Examen do?
Examen provides a domain-specific AI platform for commercial real estate that combines a secure document vault, an on-demand AI analyst, and AI-assisted email drafting. The platform ingests deal and portfolio documents (OMs, leases, rent rolls, T-12s, loan docs), extracts key terms, flags risks, and produces CRE-specific deliverables such as underwriting models, comp sets, IC memos, and portfolio reports. It is sold as a SaaS subscription to CRE acquisitions, investment management, and asset management teams.
Is Examen a public or private company?
Examen is a private company. It is classified as venture growth investor backed and is currently operating.
When was Examen founded?
Examen was founded in 2024. It employs 11 to 50 people.
Where is Examen based?
Examen is headquartered in San Francisco, United States, in the North America region.
How does Examen make money?
One revenue line is on record: software-as-a-Service Subscription.
Who are Examen's main competitors?
Direct peers on record are Dealpath, Cherre and Juniper Square. CompStak is listed as an others. Emerging players are Northspyre and Skyline AI. Broad incumbents are Yardi, RealPage, Argus (Altus Group) and CoStar.
Does Examen have an API?
Yes. Examen offers API access to its services. The Services Agreement (Section 1.1) grants users a limited license to access and use the Services including APIs, dashboards and downloadable tools. The agreement references API calls and AI model tokens as part of usage monitoring (Section 4.5). Access credentials are required for authorized users. The company reserves the right to require use of the most recent version of the API.