Portfolio — Applied AI

Palimpsest

The clause that sinks the deal is on page 340 of a scan.

Pre-seed 2025 · $1.5M Applied AI Berlin, Germany

Palimpsest reads decades of inconsistent, scanned lease documents and pulls out the obligations that actually bind a portfolio — renewal windows, escalation clauses, restoration duties — into a structured record you can query instead of a shelf you can't.

The liability that blows up a property deal is almost never hidden. It's just buried in paper nobody's had time to read. Johanna knows precisely which clauses those are, because she used to be the one reading them at midnight. That domain sense is the whole edge.

Palimpsest

  • Pre-seed · 2025Stage
  • $1.5MRound
  • Applied AISector
  • Berlin, GermanyHeadquarters
  • 8Team
The founder

Johanna Vogel

Co-founder & CEO

Johanna is a real-estate lawyer who spent too many nights reading scanned leases that no one had opened in years, hunting for the one clause that changed everything. She decided a machine should carry that load.

How it's gone
  • 2025

    We came in

    Pre-seed, first portfolio abstracted straight out of the scanned archive.

  • 2025

    Held up

    Extraction checked against counsel's own review and stood.

  • 2026

    More owners

    Bringing on additional commercial real-estate portfolios.

An illustrative 99SA Ventures profile — founder, team and figures stand in until the company shares its own.

Building AI that has to be right, not just impressive?

If your model gets graded against something real, we're the easy meeting to get.