Copenhagen startup Cortas raises €1.47 million to bring AI into property management

Cortas, a Copenhagen-based startup, has raised €1.47 million to bring AI into property management. The company aims to automate many of the manual processes that are still common across the real-estate sector.

The round is backed by PSV Tech, JRNY Capital, EIFO and several tech entrepreneurs. Cortas builds AI-driven workflows for property management, including automated maintenance scheduling and real-time property insights. The stated goal is a better experience for both landlords and tenants.

The pitch rests on the state of the industry. Property management still relies heavily on fragmented systems and a lot of manual administrative work. Cortas is betting that AI can make the sector faster, cheaper and more efficient by replacing that work with automated processes.

For now the company is focused mainly on Denmark. If its model works, it could eventually scale into a much larger European proptech opportunity. The story is also a reminder that AI companies do not always begin in a research lab: some start by tackling an inefficient, administration-heavy industry.