Investor view Residential Commercial & Multifamily Combined
The opportunity

Every building goes through due diligence over and over. Nobody owns the record.

At every acquisition, refinance and sale, owners pay thousands for environmental, survey and condition reports — then the data is buried. Between deals, portfolios run on spreadsheets. There is no persistent, verified system of record for a commercial or multifamily asset.

📄

Due diligence dies in the data room

Phase I ESAs, ALTA surveys and PCAs are commissioned every deal, then never reopened — owners re-buy what already exists.

🗂️

Portfolios run on spreadsheets

Property managers juggle work orders, vendors and tenant requests across buildings with no shared building record.

🏦

No condition system of record

Lenders and insurers re-underwrite the same asset repeatedly because verified condition data doesn't persist or travel.

The solution

Captured at the transaction. Operated every day. Owner-controlled.

🌱

Due diligence stored on the record

Environmental, ALTA survey and PCA reports are uploaded and filed to the building's permanent record — captured once, then reused at every refinance and sale.

🏢

One record across the portfolio

Owners, property managers, leasing, maintenance and tenants operate on the same building record, with role-based access.

🔑

Portable & owner-owned

The record transfers with the asset at sale or refinance — the next owner and lender start with full history.

Why we win — own the transaction, then the operating system.

Maintana sits at the commercial transaction — acquisition, refinance and sale — where due diligence is mandatory. Storing those records — plus the multi-tenant operating system between transactions — builds verified building data no CoStar or Yardi can replicate.

How we make money

Three revenue lines — built on the record.

🧰

Portfolio SaaS

Multi-tenant operating system for owners & property managers: work orders, vendors, tenants, documents, and the due-diligence vault.

🤝

Vendor marketplace

Flat-fee vendor placement by trade and territory — never a commission on a project.

📊

Data licensing

Lenders, insurers and CRE platforms pay for verified building-condition data.

Maintana stores due-diligence reports — environmental, survey, PCA — on the property record. We don't perform, broker or take a fee on them; they make the data asset and the software stickier.

Channel strategy — own the transaction moment

Capital-efficient. Sticky. Recurring.

Layer 01

Free portfolio software

Land property managers & CRE brokers with a free multi-tenant platform in exchange for transaction + condition-data rights.

Cost: engineering only · near-zero per portfolio
Layer 02

Capture the record

Owners upload every ESA, survey & PCA into the building's record — free storage in exchange for structured condition data + data rights.

Cost: storage only · builds the data moat
Layer 03

Subscription & vendor marketplace

Premium portfolio tiers plus a 10–20% take on maintenance & capital projects routed to vetted vendors.

Recurring: SaaS + marketplace
Layer 04

Lender & insurer pilots

Two paid pilots where Maintana condition data informs commercial / multifamily underwriting.

Proof: revenue/asset > cost/asset
Transaction · Portfolio OS · Marketplace

A three-phase path to a building-data moat.

I

Acquire the transaction channel

Year 1–2 · this round. Onboard property managers, commercial brokers and portfolio owners; capture their due-diligence records on the first deals.

Comp: VTS / Dealpath — CRE transaction workflow

II

Portfolio operating system

Year 2–4 · Series A. Become the multi-tenant system of record across buildings; launch the commercial vendor marketplace.

Comp: Yardi / AppFolio — recurring SaaS

III

Building-data marketplace

Year 4+ · Series B / exit. Verified condition data becomes the standard lenders and insurers price against, and that buyers pay for at sale.

Comp: CoStar — data-moat economics

The ask

$12M seed · 24–30 month runway to Series A.

Use of $12M proceeds

Product & engineering
Multi-tenant portfolio OS, due-diligence vault, condition scoring
$3.50M
Channel — PMs & CRE brokers
Onboarding + integrations to import due-diligence reports
$2.50M
Data platform & condition scoring
Verified building-data pipeline, integrations, vault
$2.00M
Lender / insurer pilots & data licensing
Two paid pilots, data science, compliance, BD
$1.50M
Go-to-market & brand
IREM / BOMA / NAA, CRE conferences, content, PR
$1.00M
G&A, legal, IP & reserve
Team support, trademark, licensing, cushion
$1.50M
Total$12.00M

Return profile

Round size$12.0M Seed
InstrumentPriced preferred equity
Target post-money$40–50M
Milestone (24 mo)150 portfolios · 30K units · 2 lender pilots
Series A target$25–35M @ $120–180M post
Lifetime path to $1B+3 rounds · $80–120M total
Strategic acquirersCoStar · Yardi · MRI · JLL · insurers