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Luxury Presence, a Los Angeles-headquartered proptech startup, has launched a new mobile platform for real estate agents.

The company’s new Presence Copilot provides real estate professionals with an AI-powered mobile assistant that helps agents prepare for meetings, transcribe and summarize voice notes, update client preferences and instantly access the latest market data from over 270 MLS services. It also features an agent-branded consumer app to manage and collaborate with clients in one customized place.

“We believe AI is the biggest technology shift since the invention of the internet,” said Malte Kramer, founder and CEO of Luxury Presence. “It will transform how the real estate industry works, and we’re tapping into it to give agents superpowers. Presence Copilot eliminates mundane daily tasks and gives agents the tools to provide a memorable client experience every time. It delivers AI-driven market insights on-demand, an entirely new way to manage relationships on the go, a collaborative search feature that keeps agents and their clients on the same page, and an agent-branded app that wows clients and builds brand equity.”

Separately, Luxury Presence announced it has raised $19.2M in Series B-1 funding from Bessemer Venture Partners with participation from Switch Ventures and other existing investors. In January 202, the company raised $5.4 million Series A funding via Switch Ventures. Bessemer Venture Partners and Toba Capital.