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.
However, he recognized that regular people investing in real estate lacked access to such advanced tools. His friends were coordinating deals on WhatsApp or storing critical information in PDFs. Mohamed 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. He explained that 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. Mohamed described it as having an autonomous reasoning system. Rather than simply listing available deals, it can map 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, which typically takes lawyers, analysts, and brokers weeks to complete. It allows a person to use AI agents to handle the entire process. Even after a deal is brokered, Smart Bricks uses fresh data to continuously update the deal, monitor performance, simulate refinancing, and recommend actions as market conditions change.
The company recently announced a five million dollar 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 that 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., U.K., and the UAE. The funding will also go toward product advancement.
Mohamed said the last wave of proptech did not focus enough on the sector’s true bottleneck, which is cognition and execution. He explained 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 public markets, featuring intelligence layers, automated execution, and continuous decision-making powered by software.
Mohamed stated that 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 concluded by saying they are 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.