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Cambio

Category: AI Agents

AI-native commercial real estate operations platform for asset managers, sustainability leaders, investors and property managers. Cambio was founded in 2022. The company is led by Leia de Guzman & Stephanie Grayson (Co-CEOs). Based in San Francisco, USA. Team size: 101-500. Total funding raised: $22M. Latest round: Series A. Key investors include Maverick Ventures, Y Combinator, Adverb Ventures, Peterson Ventures, angel investors (execs from Procore, OpenAI, Anthropic, Vanta, Vercel, ServiceNow, Notion, Amplitude).

Founded
2022
Headquarters
San Francisco, USA
Team size
101-500
Total funding
$22M

Value proposition

Uses large language models and agentic AI to ingest unstructured building data (PDFs, spreadsheets, utility data) and produce ROI-ranked retrofit recommendations and automated compliance/ESG reporting for institutional real estate portfolios.

Products and solutions

Core Platform (data ingestion, integration, escalation/collaboration), Cambio Vault, retrofit identification & execution, compliance & reporting (GRESB, TCFD, SFDR, EnergyStar, regulatory benchmarking).

Unique value

Built by former institutional real estate investors/operators (ex-Goldman Sachs, KKR, JPMorgan, BGO, CBRE, Oxford Properties) combined with Silicon Valley-grade AI/agentic tech — deep domain expertise plus LLM-driven automation of building data.

Target customer

Institutional real estate asset managers, sustainability managers, investors (LP/GP/JV), and property managers at large real estate funds and REITs.

Industries served

Commercial real estate, ESG/sustainability reporting, asset management, property management

Technology advantage

Agentic AI + LLMs for unstructured document/data ingestion across thousands of PDFs/spreadsheets; integrations with thousands of utility providers and EnergyStar Portfolio Manager; SOC 2 Type II and ISO 27001 certified.

How they differentiate

Team composed of former institutional real estate operators (not just software engineers), giving operator-centric product design vs. generic proptech/ESG reporting tools; combines data management with capex/retrofit recommendations in one platform.

Main competitors

Enertiv, Measurabl, VTS

Key partnerships

GRESB official partner, integrations with EnergyStar Portfolio Manager and thousands of utility providers, customers/case studies with Nuveen Real Estate, CalSTRS-backed industrial fund, Principal Real Estate.

Notable customers

Nuveen Real Estate, Principal Real Estate, CalSTRS-backed industrial fund, unnamed leading global bank with RE PE arm

Major milestones

Founded 2022, YC-backed, public launch + $18M Series A announced Jan 2026 at $100M valuation, became official GRESB partner, helped Nuveen identify $9.2M in energy cost savings across affordable housing portfolio, co-CEO Stephanie Grayson named 40 under 40 by Crain's New York Business.

Growth metrics

2.0 billion sq ft managed on platform; 12,201 buildings served; operations in 35 countries; ~60 employees (per YC); Series A closed at $100M valuation.

Market positioning

Premium AI-native operations platform for large institutional CRE portfolios (2 billion+ sq ft managed, 12,000+ buildings, 35 countries).

Geographic focus

Primarily North America with global institutional portfolio coverage (35 countries served).

About Leia de Guzman & Stephanie Grayson (Co-CEOs)

Leia de Guzman: Director of Investments at Oxford Properties Group/OMERS (deployed $8Bn globally across Europe & Asia Pacific); climate tech investor at G2 Venture Partners; BS Environmental Science, MBA Stanford, CFA. Stephanie Grayson: launched platforms at Goldman Sachs, KKR ($30bn REIT), and JPMorgan; MBA & MS Sustainable Built Environment, Stanford; BA Economics, Harvard.

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