CarbonAI has raised $12 million to automate the analytical work behind commercial real estate loans, putting AI agents to work on underwriting, due diligence, investment memos, and monitoring after a loan closes. The funding, announced October 15, is led by Cowboy Ventures, with participation from Timber Grove Ventures, Bling Capital, and Max Ventures. The New York company is targeting work that often sits between a collection of documents and a consequential financial decision. A lender has to…
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