What Recarta does

Recarta is an EPFL spin-off founded in 2024 that operates a Swiss-hosted SaaS platform applying AI to the extraction and analysis of real estate documents. The company targets institutional property owners, pension funds, real estate developers, and property managers in Switzerland, automating review of rental agreements, contracts, RFPs, quotes, invoices, and deeds of sale in French, German, and English, including scanned and legacy formats. Core technology combines OCR with a proprietary LLM orchestration layer that segments documents into deterministic chunks, repairs ill-formatted outputs, and preserves source traceability for every extracted data point. Anomaly detection flags inconsistencies such as flat/parking mismatches and cross-reference discrepancies.

The product suite is organized into three modules: Transaction Manager (building acquisition due diligence), Performance Manager - CAPEX (construction and renovation project documents), and Performance Manager - OPEX (ongoing building operations and supplier contract management). Recarta monetizes via quote-based annual SaaS subscriptions, sells through an enterprise demo-led motion, and reports measurable outcomes including 2-3 days of administrative work saved per project and reconciliation of 50 rental agreements in 3 minutes versus 2 days manually. Customers include Realstone, the State of Fribourg Pension Fund, Confidata, Morges, and Negozia. The company is hosted at Trust Village on the unlimitrust campus, is part of the Tech4Trust ecosystem (Season 6 Industry Prize winner in 2025), and collaborates with Exoscale, Swiss Data Science Center, HEIG-VD, EPFL, Innosuisse, and Canton de Vaud.

Name

Recarta

Legal name

Recarta SA

Website

https://recarta.ai

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Recarta is a Swiss EPFL spin-off that sells a Swiss-hosted AI SaaS platform for extracting and analyzing real estate documents in French, German, and English, serving institutional property owners, pension funds, and developers with transaction, CAPEX, and OPEX workflows.

Ownership category

akta.pro rank

Product category

Real Estate Document AI Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Document AI extraction
• Real estate document analysis
• Contract intelligence platform
• Property due diligence software
• Swiss-hosted SaaS

Headquarters

HQ city

Prilly

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Swiss-hosted SaaS platform with subscription-based pricing model. Revenue generated from software subscriptions for document AI services targeting institutional property owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Recarta offers a Swiss-hosted AI-powered document analysis SaaS platform for institutional real estate owners. The platform automatically extracts structured data from real estate documents including RFPs, quotes, contracts, invoices, rental agreements, and deeds of sale across French, German, and English. It enables due diligence automation, CAPEX project management, and OPEX compliance monitoring through three core products: Transaction Manager, Performance Manager - CAPEX, and Performance Manager - OPEX.

Product overview

Recarta is an EPFL spin-off offering a modular SaaS platform called Recarta Document AI for institutional property owners. The platform comprises three integrated solutions: Transaction Manager for building acquisitions and due diligence, Performance Manager - CAPEX for construction and renovation projects, and Performance Manager - OPEX for ongoing building operations management. All solutions leverage AI to automatically extract and structure data from scattered documents (rental agreements, contracts, invoices, quotes, RFPs), enabling users to make decisions rather than search through paperwork.

Differentiator

Problem solved

Functional benefit

Products and services

• Recarta Transaction Manager Automates building acquisition due diligence by reviewing documents from brochures through rental agreements to purchase deeds, enabling quick filtering of acquisition opportunities and customized compliance checks for institutional property owners.
• Recarta Performance Manager - CAPEX Supports construction and renovation projects by automatically comparing RFPs, quotes, and contracts, identifying critical clauses (penalties, commitments, deadlines), and detecting incomplete or inconsistent documents across the project lifecycle. Targeted at real estate developers and project owners.
• Recarta Performance Manager - OPEX Manages ongoing building operations by extracting data from contracts, matching them against defined framework conditions, identifying critical clauses, and providing spreadsheet-based analysis for compliance and supplier management. Targeted at property management companies.
• Recarta Document AI The overarching AI platform that powers all Recarta products, enabling institutional property owners to extract structured data from RFPs, quotes, contracts, invoices, rental agreements, and deeds of sale using LLM orchestration and OCR across French, German, and English.

Quantifiable outcome

• 20-25% of customer document sets contain errors (flagged by Recarta in one case: 8 documents with flat/parking inconsistencies, 17 cross-reference discrepancies in 93 rental agreements)
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Tech4TrustcoreGTM or Marketing Partner · 1 January 2024Accepted into Tech4Trust Season 6 acceleration program. Met startups, investors, and experienced professionals through the program. Won the Industry Prize at program completion.
• Trust ValleycoreStrategic or Co-development PartnerHosted at Trust Village campus as part of Trust Valley ecosystem, a digital trust and cybersecurity hub in Canton Vaud.
• EPFL (École Polytechnique Fédérale de Lausanne)coreStrategic or Co-development PartnerRecarta is an EPFL spin-off. Co-founder Géraud de Laval conducted EPFL research on contract theory to reduce energy performance gaps. Company leverages EPFL academic foundation.
• SEAL - Innovation Program for Digital Trust and Cybersecurity of Canton VaudminorStrategic or Co-development PartnerPartnered with SEAL innovation program. Working on sovereign Swiss infrastructure model for customers in real estate and construction space.
• Swiss Data Science CenterminorStrategic or Co-development PartnerCollaboration on data science initiatives as part of the infrastructure development.
• HEIG-VDminorStrategic or Co-development PartnerPartnership with HEIG-VD (University of Applied Sciences Western Switzerland) for technology development.
• FundominorGTM or Marketing PartnerPartner organization listed on website.
• TayominorGTM or Marketing PartnerPropTech partner organization in Swiss real estate ecosystem.
• Fresque de la ConstructionminorGTM or Marketing PartnerSustainable construction initiative partner in Switzerland.
• SwissEscominorGTM or Marketing PartnerPartner organization in Swiss construction/energy sector.
• Viva VaudminorGTM or Marketing PartnerRegional economic development organization in Vaud, Switzerland.
• B CorporationminorGTM or Marketing PartnerListed as pending B Corp certification, indicating commitment to social and environmental performance.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• MRI Software: Global real estate software suite covering asset management, property management, and accounting for commercial and residential portfolios. Comparable as an incumbent whose installed base (institutional owners, REITs, property managers) represents both the buyer persona for Recarta and potential competitive substitution.
• Yardi: Large incumbent provider of real estate asset management and property management software globally. Comparable as a strategic incumbent whose customers are precisely the institutional property owners Recarta targets; Recarta can be a complementary point solution within Yardi's ecosystem or compete against its document-handling capabilities.
• PlanRadar: Austrian-headquartered SaaS for construction and real estate documentation, defect management, and reporting. Comparable because Recarta's CAPEX module addresses overlapping construction project documentation needs, though PlanRadar is broader and more field-task focused than AI-driven document extraction.
• M-Files: Knowledge work and document management platform with metadata-driven AI classification and extraction capabilities. Comparable as an enterprise document management vendor whose AI capabilities overlap with Recarta's structured data extraction, though M-Files is horizontal rather than real-estate-specialized.
• UiPath Document Understanding: Document AI capability inside UiPath's broader RPA and automation platform, widely deployed across enterprise back offices. Comparable as a competing AI document extraction vendor with significant enterprise reach and existing automation budgets at institutional buyers Recarta targets.

Direct peers

• Hypatos: Deep-learning document processing vendor targeting finance, procurement, and real estate back-office workflows. Comparable as a competing AI document extraction vendor pursuing similar enterprise automation use cases and language coverage across European markets.
• Rossum: AI document processing platform using LLMs to extract structured data from business documents (invoices, purchase orders, contracts) across European languages. Closely comparable technology and target buyer (mid-market and enterprise document-heavy operations), though Recarta is more narrowly specialized in real estate.
• Drooms: Swiss-headquartered virtual data room provider widely used for European real estate transactions and due diligence. Directly comparable because both companies serve the same Swiss/European real estate transaction diligence workflow, with Recarta adding AI document extraction on top of the document-review process Drooms already hosts.

Emerging players

• Affinda: AI document extraction platform supporting contracts, invoices, and other business documents with multi-language coverage. Comparable as a competing AI document extraction vendor with similar LLM-and-OCR architecture, though operating at a broader horizontal level than Recarta's real estate specialization.
• Koncile: French AI-powered document extraction startup focused on contracts and enterprise documents. Comparable as a European-language AI document extraction vendor targeting similar back-office automation, though smaller in scale and less real-estate-specialized.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/recarta

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Recarta