For much of his career, Mohamed Mohamed worked at institutions like BlackRock, Goldman Sachs, and McKinsey. He observed that these firms treated real estate as a computational problem. They utilized proprietary data pipelines, internal valuation models, simulation tools, and early AI systems to support underwriting and capital allocation decisions for property investments.
However, Mohamed knew that regular people investing in real estate did not have access to such advanced tools. He saw friends coordinating deals on WhatsApp or storing critical information in PDFs. He noted there was no unified data layer, no consistent modeling, and no easy way to reason about risk, liquidity, or execution from start to finish. Decisions involving millions of dollars were being made without anything resembling a modern intelligence stack.
In 2024, he left his job at Boston Consulting Group to found Smart Bricks, an AI-powered proptech company designed to help investors find high-quality real estate investments. The company is based in London and San Francisco.
The Smart Bricks product analyzes millions of public and proprietary data points across areas like pricing, liquidity, transaction history, supply, and financing terms. It features an autonomous reasoning system that goes beyond simply listing available deals. Instead, it maps to the expected outcome of a deal using automated valuation models, cash-flow forecasting, downside risk modeling, and market reasoning.
The AI tools can also help complete the transaction workflow, a process that usually takes lawyers, analysts, and brokers weeks to complete. It allows a person to use AI agents to handle it all. Even after a deal is brokered, Smart Bricks uses fresh data to continuously update the deal, monitor performance, simulate refinancing, and recommend actions as the market changes.
The company recently announced a $5 million pre-seed funding round led by Andreessen Horowitz. Other participants in the round include South Loop Ventures, Cornerstone VC, Techstars, and angel investors from OpenAI, Airbnb, Anthropic, Blackstone, and DeepMind. The startup is also currently participating in Andreessen Horowitz’s prestigious Speedrun program.
Mohamed met the team at Andreessen Horowitz last year while exhibiting at TechCrunch Disrupt. At the time, the company was still under the radar, but the investment has allowed them to scale. The fresh capital will be used to expand the product’s infrastructure into additional markets, as it currently operates only in the U.S., UK, and the UAE, the latter being Mohamed’s home country. The money will also go toward product advancement.
Mohamed believes the last wave of proptech did not focus enough on the sector’s true bottleneck, which is cognition and execution. He stated that real estate transactions are slow and opaque because the reasoning lives in people’s heads and the process spans too many disconnected systems. The company is betting that the next era of proptech will resemble what happened in the public markets, featuring intelligence layers, automated execution, and continuous decision-making powered by software.
Smart Bricks is building the AI infrastructure that allows real estate to operate more like a modern financial system, even across borders. Others in this space include reAlpha and RoofStock. Mohamed said Smart Bricks is different because others are building on top of an existing tech stack, while this product has built the stack itself.
He explained that the company is closer to what Bloomberg did for public markets or what algorithmic trading platforms did for equities than to a consumer property portal. The goal is not to show more options, but to enable better outcomes through autonomous reasoning systems.