An AI-native property management company rebuilding how condos, co-ops and HOAs handle money, maintenance, compliance and community - on one platform.
DAISY - The company's wordmark, set against its house green. Founded by Yotam Cohen and Nir Hemed, the New York startup takes its name from the idea of a building that quietly blooms when everything underneath it just works.
Daisy is a property management company that decided the job should be run like software. It manages residential buildings end to end - the finances, the leaky pipes, the city compliance filings, the board votes, the neighborly disputes - and it does it on a single platform instead of the usual patchwork of spreadsheets, email chains and third-party tools.
Most people notice their property manager only when something is broken: an ignored maintenance ticket, a surprise assessment, a phone that rings out. Daisy was built on the premise that those small indignities are not inevitable - they are a technology problem that the industry never bothered to solve.
The company was founded in 2020 by Yotam Cohen and Nir Hemed. Cohen had already built and sold a video-technology company, Wibbitz, to Vimeo. His next act came from personal frustration: after moving into a building where disputes and inefficiency had replaced any sense of community, he joined the board to fix it, and found an entire industry running on manual labor.
What he found became the pitch. By Daisy's own estimate, property management is a roughly $130 billion market in which about 70% of a management company's revenue goes to manual labor - and less than 1% is invested in technology. That gap is the whole business.
Daisy's answer is not to sell software to other managers. It became the manager itself, wiring its own proprietary platform into every role: boards, residents, supers, vendors, accountants and brokers. The software lowers the cost of running each building; the human managers stay proactive instead of reactive.
Daisy's customers are the boards of condos, co-ops and HOAs - the volunteer residents who, in New York, are legally responsible for millions of dollars of shared property and the daily lives of their neighbors. Its users, though, are everyone in the building: residents who pay charges and track packages, supers who close out work orders, vendors who need to get paid, accountants who need clean books.
The problems Daisy targets are the ones every apartment dweller recognizes. Requests that vanish into a void. Budgets nobody can see. Compliance deadlines that arrive as fines. In one case Daisy likes to cite, an Upper West Side building was facing a $58,000 penalty under New York's Local Law 97 - until Daisy discovered the previous manager had filed incorrect Local Law 84 energy data, corrected it, and the penalty went to zero.
That Uber analogy is the product philosophy stated plainly. Transparency at Daisy is not a slogan on a wall - it is a feature. Boards get a live dashboard of finances, operations and compliance. Residents get status they can watch. The intent is trust, engineered.
A single live view of a building's finances, operations and compliance, with instant actions. Relaunched as Dashboard 2.0 in 2025.
The resident app - pay charges, track packages, submit requests and actually engage with the building community.
Connected apps for supers, vendors, accountants and brokers, launched as Daisy moved into 400+ unit buildings.
Named AI coworkers - "Lily" handles ~22% of resident support; "Steven" runs building transitions and onboarding.
A transparent tool linking boards, supers and vendors that has cut resolution times by more than 30%.
Proactive handling of NYC rules like Local Law 97 and 84 - catching costly filing errors before they become fines.
The property management field splits neatly in two. On one side sit the legacy full-service firms - FirstService Residential, AKAM, Douglas Elliman's management arm - staffed and reliable but built on manual process. On the other sit software vendors like AppFolio, Buildium and BuildingLink, which sell tools but do not run your building.
Daisy's bet is that neither half is enough on its own. It is a full-service operator, so it carries the accountability of a real managing agent. But it owns its software stack, so it does not inherit the cost structure of a company where 70 cents of every dollar goes to labor. The AI agents absorb the repetitive work; the human managers keep the relationships.
That vertical integration is the differentiator, and it is hard to copy quickly. A software vendor would have to become an operator; an incumbent operator would have to rebuild its technology from the studs. Daisy started as both.
The opportunity underneath is large. Nationally, more than 40 million U.S. households live in some 365,000 HOA communities. In New York City alone there are roughly 14,400 condos and co-ops. Daisy's stated roadmap is aggressive: ten additional states by 2027, national coverage by the end of 2028, and global expansion by 2030.
Daisy earns management fees the way any managing agent does - buildings pay it to run their operations. The difference sits in the cost side of the ledger. Because Daisy built its own platform and layered AI on top, each building it adds does not require the same headcount a traditional firm would need. Software carries the volume; people carry the judgment.
That model rewards density and scale. The more buildings in a market, the more Daisy's fixed technology investment pays off - which is exactly why the company is pushing from one city into a second state and, on paper, toward the rest of the country.
| Round | Amount | Year | Lead / Notable investors |
|---|---|---|---|
| Seed | $4.5M | 2020 | Aleph (Michael Eisenberg), Shai Wininger, Gaia Real Estate |
| Series A | $20M | 2022 | Aleph |
| Total | $24.5M | - | - |
Round sizes and dates compiled from public filings and press; treat Series A figure as approximate.
Yotam Cohen and Nir Hemed launch Daisy and raise a $4.5M seed round led by Aleph's Michael Eisenberg.
A roughly $20M round funds an engineering build-out, bringing total funding to $24.5M.
Daisy announces its 100th building under management across Manhattan, Brooklyn and Queens.
Daisy takes on 400+ unit buildings and ships a dedicated platform for supers and onsite teams.
Past 4,000 units, Daisy expands into Hoboken and Jersey City and relaunches its board dashboard.