# MARC

> Contract intelligence and invoice review for institutional real estate owners.

## Why it is interesting

MARC connects vendor agreements with invoices so real estate finance teams can check billed prices against contractual terms. Work-Bench's thesis centers on operating-expense control and the potential to build opt-in anonymized spend benchmarks; neither proves independently validated savings.

## Profile

- **Latest funding:** Seed — $5M (October 22, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $6M
- **Stage:** seed
- **Status:** private
- **Industries:** proptech, enterprise-saas, ai-ml
- **Coverage:** full
- **Last updated:** 2026-10-25
- **Latest funding investors:** Work-Bench, MXV Capital, Des Traynor, Mark Ghermezian, Ian Nolan, Cyrus Claffey, Daniel Eberhard, Brian Moran

## Key facts

- $5M seed financing announced October 22, 2026; Work-Bench led and MXV Capital participated.
- Company-published Birge & Held case describes verified contract coverage increasing from 19% to 91%; this is not a measure of AI accuracy or independently audited cash savings.
- Work-Bench reports more than $100M in annual vendor spend managed; customer spend is not MARC revenue.

## Funding history

- Seed · $5M · October 22, 2026
  Source: https://www.work-bench.com/post/announcing-our-investment-in-marc
- Pre-seed · $1M (reported) · February 10, 2026
  Source: https://tech.eu/2026/02/10/ai-native-proptech-startup-marc-backed-by-a-group-of-angel-investors/

## Investors in our directory

- https://venturecapitaltracker.com/fund/work-bench
- https://venturecapitaltracker.com/fund/mxv-capital

## Related articles

- https://venturecapitaltracker.com/marc-5m-seed-property-invoice-audits

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 25, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/marc