Australian proptech startup Agentsy has closed a $700,000 pre-seed funding round led by Empress Capital.
The raise was quietly completed in late December but was only just announced. This was to coincide with the company moving its AI platform from closed beta into full commercial release, opening access to real estate agencies nationwide.
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Agentsy positions itself as a purpose-built AI platform for the Australian residential real estate market. The company says its software has been designed specifically around local legislation, property data and industry workflows, rather than being adapted from general-purpose AI tools.
According to Agentsy, the platform has spent the past 12 months in development and testing with early design partners including Jellis Craig, Laing+Simmons, OCRE and BresicWhitney.
“The system is intuitive, efficient and remarkably easy to adopt,” said Michael Anania, head of property management at Laing+Simmons.
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“Our team feels more in control, less stressed and better able to focus on clients and property. Agentsy has set a new benchmark for real estate AI.”
The company says its beta deployments delivered productivity improvements by automating tasks such as email responses, compliance communications and marketing collateral. It estimates that administrative work can account for up to 60% of an agent’s time.
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Founder Tim Morris said the goal was to build technology tailored to the specific needs of the Australian market.
“Our industry doesn’t need more generic AI tools,” Morris said.
“We built Agentsy to understand how Australian real estate actually operates — from legislation to data flows to communication standards. Opening the platform means agents can now access AI that is immediately accurate, compliant and commercially valuable.”
Empress Capital founder and general partner Yash Varma said the investment reflected the firm’s broader focus on vertical AI platforms.
“Agentsy gives agents their time back while building a genuine moat through proprietary workflows and data,” Varma said. “This is AI-first investing with real impact from day one.”
Agentsy points to global estimates valuing the AI real estate software market at roughly US$600 million, with forecasts to exceed US$850 million by 2028. The startup argues that Australia has lacked a locally developed AI platform tailored to its regulatory and operational environment.
With the funding round now formally closed, Agentsy says it plans to accelerate onboarding of additional agencies as part of its national rollout.