In January 2026, the San Francisco-based commercial real estate (CRE) operations platform Cambio announced its public launch alongside an $18 million Series A funding round. The investment was led by Maverick Ventures, with participation from Y Combinator, Adverb Ventures, and Peterson Ventures.
The company is led by Co-Founders Leia de Guzman and Stephanie Grayson. Cambio is leveraging “Agentic AI” to re-architect the $20 trillion commercial real estate sector, automating the collection and analysis of unstructured building data to drive investment-grade decisions on capital planning and decarbonization.
The CRE industry currently spends billions annually on manual data gathering from fragmented PDFs and spreadsheets. Cambio addresses this by deploying autonomous agents that reason across complex building codes and energy audits to identify ROI-ranked retrofit opportunities in minutes rather than months. This real-time observability of physical assets mirrors the function of AI observability platforms in digital infrastructure.
The new capital will be used to expand Cambio’s engineering team and accelerate its global footprint, which already spans 35 countries. By automating the extraction of regulatory and operational insights, Cambio provides an operational lever similar to industrial asset management systems, enabling owners to maximize asset value while meeting net-zero mandates.
Market Signal
- The “Action-First” Pivot: Cambio’s $18M round validates a shift where AI is moving beyond simple data reading to autonomous reasoning. Investors are backing platforms that can execute complex logical workflows—much like AI-native code security tools—rather than just providing passive analytics.
- Institutional Founder-Market Fit: De Guzman and Grayson bring nearly two decades of combined experience from KKR, Oxford Properties, and Goldman Sachs. This “insider” pedigree allows Cambio to solve the specific “interpretation gap” that has historically hindered proptech adoption among institutional landlords.
- Decarbonization as Alpha: As regulatory pressure (such as SFDR 2.0) intensifies, sustainability has shifted from a reporting obligation to a core driver of asset valuation. Cambio’s ability to prove the investment rationale for retrofits turns environmental compliance into a competitive advantage for global portfolios.
Key Details
- Company: Cambio (Cambio AI)
- Funding: $18M Series A ($22M Total)
- Headquarters: San Francisco, CA
- Lead Investor: Maverick Ventures
- Co-Founders: Leia de Guzman, Stephanie Grayson
- Use Case: Agentic AI for CRE operations, automated capital planning, and building decarbonization
