PredictAP Secures $5M to Advance AI Invoice Coding

PredictAP, Inc. has announced it has secured $5,000,000 in new funding from investors, a substantial capital infusion poised to accelerate its growth in the real estate technology sector. This investment underscores investor confidence in the company’s innovative approach to accounts payable automation. Based in Boston and founded in 2020, PredictAP offers a leading AI-powered invoice coding solution designed specifically for the unique demands of real estate. Distinguishing itself from basic OCR and indexing services, PredictAP delivers fully coded invoices that are ready to flow directly through existing AP automation workflows. When integrated with industry-leading platforms such as Yardi Payscan and Nexus Systems, PredictAP empowers real estate companies to achieve massive cost savings and significant productivity growth by streamlining a traditionally labor-intensive process. The newly raised capital will be strategically deployed to accelerate PredictAP's product development initiatives, expand its engineering and sales teams, and broaden its market reach. This funding round is significant as it enables the company to enhance its cutting-edge AI capabilities and meet the growing demand for intelligent automation within real estate accounting and finance departments. PredictAP was founded by a team with extensive backgrounds in real estate, accounting technology, and artificial intelligence. The company's mission is centered on transforming complex financial operations for the real estate industry. With this recent funding, PredictAP is well-positioned to further solidify its market leadership and continue its trajectory of innovation, driving efficiency and operational excellence for its clients through advanced artificial intelligence solutions.