Kolena
AI-native lease abstraction platform
- Pricing
- Subscription
Vendor site does not publish tiered pricing; third-party estimate (kolena.com blog, self-reported) puts annual platform licenses at roughly $15,000-$75,000/year depending on volume/tier, plus $0.50-$5 in compute cost per lease processed. A free single-document lease abstraction tool is available with no signup. Contact sales for enterprise quotes.
- Asset classes
- All
- Built for
- Landlords Property Managers Asset Managers Lenders Brokers
Who it's actually for
Kolena is bought by CRE firms, insurers, and lenders who want to pull lease abstraction (and related document review like underwriting packets and loss runs) in-house instead of paying a third-party abstraction shop. It's an AI agent platform, not a lease admin system of record — output feeds into your existing property management or DD workflow rather than replacing it. Founded 2021 by AI engineers (CEO Mohamed Elgendy); reported deployments claim 85% faster per-lease review and 50-90% lower cost versus outsourced abstraction, though those are vendor-reported figures. Best fit for teams with real lease volume (100+/year) — a free single-document tool exists for one-off use but lacks batch processing, integrations, and multi-user access.
Profile last verified 2026-08-23. Work at Kolena? Correct or claim this listing — listing is free and no vendor can pay for placement.
Kolena alternatives in AI-Native CRE
| Tool | What it is | Pricing | Status |
|---|---|---|---|
| Cambio | AI-native commercial real estate operations platform | Not published | Status flag |
| Clik.ai | AI lease abstraction combined with automated underwriting (AutoUW engine) | Not published | Established |
| Skyline AI | AI-powered investment management and deal sourcing for multifamily CRE | Not published | Acquired |
| VergeSense | AI-powered occupancy intelligence and space analytics platform | Subscription | Established |
| LeaseLens | Freemium AI lease abstraction — free to view, pay to export | Free tier available | |
| Lextract | Per-lease AI abstraction tool, upload PDF and get ~126 structured fields | Usage-based |