# Grotto AI

> Grotto AI builds an AI coaching platform for multifamily leasing teams, listening in on calls and tours and nudging agents in real time toward the behaviors - curiosity, rapport, a well-timed laugh - that its data shows actually close leases. Founded in 2025 by Nick Deveau and Ben Epstein, veterans of the AI-in-insurance startup EvolutionIQ, the company raised a $10 million seed round led by ICONIQ Capital in February 2026 and already runs on portfolios for operators like Weidner Apartment Homes.

- **Founded:** 2025
- **Headquarters:** New York, United States
- **Founders:** Nick Deveau (Co-Founder & CEO), Ben Epstein (Co-Founder)
- **Team size:** 12 employees
- **Products:** Call Guidance, Tour Coaching, Grotto Intelligence
- **Notable:** $10M seed round led by ICONIQ Capital, one of the firm's earliest-stage investments, SOC 2 Type II and ISO 27701 certified, Deployed with Weidner Apartment Homes, a 70,000+ unit operator

## Products & services

- **Call Guidance** — Real-time AI guidance delivered to leasing agents during live prospect calls, helping with questioning, objection handling, and tour booking.
- **Tour Coaching** — Self-serve AI preparation before prospect tours and structured coaching after them, reinforcing the behaviors shown to drive conversions at a given property.
- **Grotto Intelligence** — Analytics layer that identifies the specific revenue drivers and conversion behaviors for each property, based on analysis of leasing interactions.

## Achievements

- $10M seed round led by ICONIQ Capital, one of the firm's earliest-stage investments
- SOC 2 Type II and ISO 27701 certified
- Deployed with Weidner Apartment Homes, a 70,000+ unit operator
- Research base built on analysis of hundreds of hundreds of thousands of real leasing interactions

## Latest updates

- **2026-02** — Announced $10 million seed round led by ICONIQ Capital, with participation from Asymmetric Capital Partners and multifamily/proptech angel investors.
- **2026-03** — Profiled by Commercial Observer and AlleyWatch discussing the platform's real-time coaching approach and Weidner Apartment Homes deployment.

## Links

- Website: https://grotto.ai
- LinkedIn: http://www.linkedin.com/company/grottoai

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Profile page: https://yespress.io/grotto-ai
Published by YesPress — https://yespress.io
Last updated: 2026-08-05