Cactus is an AI-powered underwriting platform for commercial real estate that transforms raw deal materials into structured, source-backed financial analysis and exportable Excel models. The platform extracts data from documents like OMs, rent rolls, and T-12s, then audits every number against its original source so teams can review assumptions with full transparency. It also saves verified facts across deals, allowing a firm's knowledge to compound automatically with each new transaction.
Funding
Funding not disclosed
Founders
Product
Problem
Commercial real estate underwriting remains highly manual, requiring teams to move between offering memorandums, rent rolls, T-12s, leases, lender materials, Excel models, market data tools, and internal templates. This repetitive work is time-consuming, difficult to audit, and prone to errors, slowing down deal evaluation and increasing the risk of missed issues.
Solution
Cactus provides an AI-native underwriting platform that turns raw deal materials into structured facts, audited assumptions, market intelligence, financial analysis, and exportable Excel models. The platform extracts data from documents, traces every number back to its exact source, and exports to Excel with working formulas rather than a black box. It remembers verified facts from each deal and reuses them on future transactions, so a firm's knowledge compounds automatically. Cactus is purpose-built around commercial real estate workflows, giving teams faster analysis while keeping human professionals in control of final judgment.
Target Audience
Primary users are commercial real estate investors, brokers, lenders, asset managers, and operators who need faster, more consistent, and auditable underwriting from first look to investment committee.
Features
- Source-backed underwriting where every number traces to its exact source document for full auditability
- Excel export with working formulas, not static outputs, preserving the flexibility and reviewability teams rely on
- Persistent deal memory that saves verified facts and reuses them across future deals, compounding firm knowledge
- Automated extraction and structuring of data from OMs, rent rolls, T-12s, leases, and lender materials
- Market intelligence integration that supports context-aware analysis alongside financial modeling
- Risk flagging and assumption auditing to help teams identify issues earlier in the deal process