# Prophia

> Prophia is a San Francisco-based AI platform that turns the messy stack of commercial real estate lease documents into structured, searchable, decision-ready data. Founded in 2018 by Cameron Steele and Chris Hsu, the company combines machine learning with human quality control to deliver lease abstracts, rent rolls, and portfolio insights for CRE owners and asset managers.

- **Founded:** 2018
- **Headquarters:** San Francisco, California, United States
- **Founders:** Cameron Steele (Co-Founder & CEO), Chris Hsu (Co-Founder & CTO)
- **Team size:** ~41 employees
- **Products:** Prophia Essentials, Prophia Portfolio, AI-Powered Lease Abstraction, Instant Lease Abstracts
- **Notable:** Voted one of PropTech's most promising new companies, 250% ARR growth in 2022, 100% customer retention reported through 2022

## Products & services

- **Prophia Essentials** — Core lease abstraction and CRE data management platform for landlords and asset managers.
- **Prophia Portfolio** — Portfolio-level analytics, stacking plans, rent rolls, and critical date management across an owner's full asset base.
- **AI-Powered Lease Abstraction** — Machine-learning-driven extraction of lease terms, clauses, and obligations from PDFs, paired with human quality control.
- **Instant Lease Abstracts** — Generative AI features that produce structured lease summaries on demand for faster reporting and due diligence.

## Achievements

- Voted one of PropTech's most promising new companies
- 250% ARR growth in 2022
- 100% customer retention reported through 2022
- 330M+ square feet of assets on platform
- 140,000+ lease documents processed

## Latest updates

- **2024** — Launched generative AI features for instant lease abstracts and expanded retail-sector capabilities.
- **2022-12** — Closed $10.2M Series A led by Cercano Management with participation from SignalFire.
- **2022** — Reported 250% ARR growth and doubled customer base.

## Links

- Website: https://prophia.com
- LinkedIn: https://www.linkedin.com/company/prophia
- Twitter/X: https://twitter.com/prophia
- YouTube: https://www.youtube.com/@prophia

---

Profile page: https://yespress.io/prophia
Published by YesPress — https://yespress.io
Last updated: 2026-06-28