Hard money lender building AI operating system for non-bank real estate lenders
The Idea
Prelia is an AI-native operating system for non-bank real estate lending firms ($10M–$500M AUM). Replaces legacy loan origination systems and adds an intelligence layer that recommends actions and flags risk, compounding in value as the customer base grows.
Who It's For
Hard money funds, bridge lenders, and private credit firms that have outgrown spreadsheets and legacy LOS tools. He co-manages an active hard money fund, so he's the customer.
What's Built
Demo live, 3 months in. Company materials built out, multiple conversations with lenders and servicers for product feedback and positioning. Operator-led discovery approach: sits on-site with each customer's team for a week before configuring their platform.
Early Traction
Pre-seed in motion. $50k personal commitment and soft commits from other interested parties. Prospects in active discovery.
Their Background
Co-President of Parallel Lending, which he built from $0 to ~$28M in committed capital across 100+ loans with a sub-1% default rate. Prior VP at Three Point Capital (film finance) and Co-Head of Media & Entertainment at The Forest Road Company. MFA in Film Producing from UCLA, BA in Economics from St. Edward's.
What They Need
A technical co-founder to lead engineering from demo to production. Multi-tenant architecture, third-party integrations, and document processing experience ideal. Vertical SaaS or fintech background a plus.