Propy, a Miami, FL based tech company using AI and blockchain to automate real estate closings, has raised a $100 million credit facility led by Metropolitan Partners Group.
Propy has attracted strong M&A interest for its roll-up strategy, recently completing a second $5 million acquisition and signing a letter of intent for a third $6 million deal, with about $75 million in active deals in its pipeline.
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The company plans to acquire businesses earning $5M to $20M a year in California, Texas, Tennessee and other states, keeping local teams in place while using automation to boost volume and improve margins.
Propy, a tech company using AI and blockchain to automate real estate closings, announced a $100 million credit facility from Metropolitan Partners Group, a U.S. private investment firm. The funding will help Propy combine title and escrow companies into a single AI-powered, end-to-end closing platform.
This announcement comes as two trends converge: the growing need for affordable housing and AI reaching enterprise-level reliability. Home transaction costs can get 10% of a property’s value due to multiple parties and manual, fragmented processes sometimes exceeding the down payment and wiping out years of savings for U.S. buyers. Propy’s technology tackles this overlooked barrier by streamlining every closing. Its new AI Agent can perform tasks such as checking emails, opening transactions 24/7, monitoring bank accounts, and contacting lenders and HOAs, automating some of the work typically handled by escrow officers.
We’re creating the infrastructure that lets real estate operate like modern financial markets—AI-powered and more liquid,” said Natalia Karayaneva, Founder and CEO of Propy. “By using multi-agent orchestration, transactions can become so fast and affordable that people could buy homes whenever they move. Instead of 4–7 million homes sold each year, we expect 20 million to change hands.
We’re excited to support Propy as it brings greater efficiency and transparency to residential
real estate,” said Paul Lisiak, Managing Partner and CIO of Metropolitan. “As investors in growing, asset-backed businesses, we were attracted not only to the strength of title and escrow operations but also to Propy’s practical use of AI to improve the closing process. We look forward to partnering with Natalia and the Propy team as they make real estate transactions faster, simpler, and more affordable for homebuyers across the U.S.
Propy plans to acquire businesses earning $5 million to $20 million a year in California, Texas, Tennessee and other states, keeping local teams while using automation to boost volume and margins. Acquired firms receive automated workflows that reduce manual work by up to 70%, with blockchain providing secure auditable support for settlements.
Propy’s advisory board includes Chris Campbell (former U.S. Treasury Assistant Secretary), Mike Jones (Science Inc.), Dr. Michael S. Piwowar (former SEC Commissioner), and Michael Casey (Chairman of the Advanced AI Society). The company is backed by successful investors such as Tim Draper and other prominent backers.
About Propy
Founded in 2015 by CEO Natalia Karayaneva, Propy is a tech company with licensed title and escrow services powered by AI and smart contracts. Its platform automates the entire real estate closing process—from offer to deed recording allowing 24/7 transactions with fewer intermediaries, less paperwork, and greater security. Propy removes inefficiencies from outdated systems and lowers cost barriers to homeownership.
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