Ex-Thylander investors’ Cortas raises €1.47M to build an AI property manager in Denmark

Cortas, a Danish startup founded by Christian Pind Schmidt and Frederik Buchardt, has raised about €1.47 million in a pre-seed round led by PSV Tech. JRNY Capital, EIFO and several tech founders also joined in, including people behind Flatpay and Spirii.

The pair met at Thylander Group, where they worked in property investment and ran into slow processes and systems that didn’t talk to each other. That frustration became the pitch for Cortas, which is based at Indiakaj in Copenhagen and wants to manage buildings directly through its own platform.

That is the unusual part. Property management software and property management itself usually live in separate companies. Cortas wants to combine both, handling tenant enquiries, move-ins, move-outs, bookkeeping and the financial side of the legal entities tied to institutional real estate investors.

The founders are careful about the AI label. They call the company AI-native, but say AI is not the strategy on its own. Their point is that software should be built in-house, tested every day, and used only where it improves the service. Sometimes that means automation. Sometimes it means people. Sometimes it means something more traditional.

The new money is meant to improve the product, expand the team and help Cortas position itself against established property managers. PSV’s Christian Dalsgaard said the team has the experience, drive and network to serve large, demanding investors from day one. Spirii founder Tore Harritshøj, also an investor, said the company is building a new operating model around AI rather than software for existing property managers.