Rely, Inc.

Based in Dover, US, founded in 2025, Rely, Inc. offers an automation platform focused on streamlining due diligence in the multifamily real estate market. The company was co-founded by George Matelich (CEO as of 2026) and David LoBosco. In May 2026, Rely, Inc.

raised USD 4. 48 million in seed funding co-led by 2048 Ventures and Range Ventures, with participation from Better Tomorrow Ventures. Rely provides an advanced automation platform designed specifically for the multifamily real estate industry, focusing on streamlining the due diligence process. Its core product utilizes a Document AI extraction engine to convert unstructured data from various document types, such as PDFs, Word files, and scanned images, into structured information.

This capability is essential for clients in multifamily sectors, including conventional, student, affordable, and workforce housing, as it significantly reduces manual data entry time and enhances audit accuracy. Additionally, Rely’s intelligent deal room allows users to centralize files, manage deal pipelines, and execute workflows seamlessly, serving institutional-grade clients across various geographical markets, including the United States and Canada. The platform is primarily used by real estate teams involved in acquisitions, diligence, and compliance, aiming for efficiency and accuracy in their operations. Rely operates on a revenue model that combines a platform fee with usage-based pricing, allowing unlimited access for various user seats within client organizations.

Clients subscribe to Rely's services, covering functionalities such as lease audits, vendor contract audits, and financial audits. The transactional framework typically involves B2B interactions, where real estate teams utilize the platform to automate due diligence processes, thus reducing audit times by over 95%. Rely ensures that its offerings are audit-ready, integrating seamlessly with clients' existing file storage systems for effective data management. The company plans to use the May 2026 funding to expand its engineering team and deepen relationships with lenders and servicers.