Lugus Capital
41 Fitzwilliam Place, Dublin, Dublin 2, D02 XY54, Ireland
Overview
Lugus Capital acquires, develops, and manages real estate assets, focusing on healthcare and residential sectors.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Property Development
- Property Management
- Real Estate
- Real Estate Investment
Investment portfolio
- Lette AI
Participated · Seed · Oct 2025
Founded in March 2025, Lette AI has created an agentic AI operating system designed to streamline every step of the property leasing workflow. The platform removes up to 90% of administrative tasks and resolves tenant onboarding and service requests instantly. Already embedded across thousands of apartments, it is trusted by major Irish property managers such as Grayling Properties, Storyhouse by Ardstone, Hali, Liberties House, Rathmines House, and Lugus Capital. The company targets onboarding 25,000 properties by March 2026 and reaching $1.1 million in annual recurring revenue by the end of that year. To accelerate growth, Lette AI recently hired Jon Hammond as Head of Growth, leveraging his two decades of SaaS and prop-tech experience. Near-term plans include enlarging the engineering team, expanding into the UK and UAE, and rolling out autonomous AI agents across leasing, operations, and resident engagement.