Marc Raises $5M Seed

Marc, a New York and Dublin-headquartered property management startup, has raised $5 million in an oversubscribed seed round to support its expansion across the United States and Canada. This funding brings the company's total capital raised to $6 million.

Investors

The round was led by Work-Bench and MXV Capital. Additional participants included Mark Ghermezian, co-founder of Braze; Des Traynor, co-founder of Fin; and Ian Nolan, co-founder of Brightflag.

Marc Use of Funds

Marc plans to use the new capital to scale its product, engineering, and go-to-market teams over the next 12 months. The funds will also support the growth of its New York base to better serve its institutional real estate customers throughout North America.

About Marc

Founded in 2026 by Technological University Dublin graduate Aaron Devitt, Marc provides an AI-powered platform designed for property management. The software analyzes fragmented vendor contract and invoice data to help property managers identify discrepancies and prevent overpayment within large institutional portfolios.

Funding Details

Company Website: https://marcprop.com

Company: Marc
Raised: $5M
Round: Seed
Funding Date: October 23, 2026
Lead Investor: Work-Bench, MXV Capital
Additional Investors: Mark Ghermezian, Des Traynor, Ian Nolan
Software Category: Property Management Software
Source: https://www.siliconrepublic.com/start-ups/tud-graduates-ai-start-up-marc-bags-5m-to-fund-us-expansion