PORTLAND, Maine — Jan. 14, 2026 — Rely today announced the launch of its AI-powered platform that automates multifamily due diligence, allowing teams to complete full-coverage audits of institutional scale audits in hours instead of weeks.

Multifamily deal teams typically waste weeks manually auditing leases, reconciling rent rolls, reviewing vendor contracts, and more. They rely on spreadsheets and partial reviews that can miss errors, introduce risk and delay transactions. Rely’s platform replaces these processes by ingesting entire data rooms and performing full-coverage audits across leases, rent rolls, financials, utilities, and contracts, generating structured outputs that link directly back to original source documents.

“I was truly blown away by the results that Rely showcased after only one meeting,” said Will Azar, Pre-Development Manager at Cardinal Group. “Rely audited the same project as our audit team — the review was completed in hours instead of weeks, and the output had smaller variances than our manual results.”

Rely is already in use by institutional owners and operators across multifamily portfolios nationwide. Customers report drastically reduced diligence timelines, greater audit completeness, and improved confidence in underwriting and property transitions.

Rely is backed by a group of venture and strategic investors with deep experience in real estate and property technology, including Better Tomorrow Ventures and industry operators like Cardinal Group, Tarragon Property Services and Elm Grove Companies. Additional backers include real estate leaders Chase Gilbert, CEO of Built Technologies, Del De-Windt of Byld and Howard Smith, formerly of Walker & Dunlop. The company’s investors bring both capital support and direct operational alignment with multifamily deal teams.

Rely was founded in Portland, Maine, by George Matelich and David LoBosco, former PropTech leaders building AI-native transaction software for the multifamily industry. Visit tryrely.ai to book a demo.