IncentEdge
About IncentEdge

$340 billion in development incentives is left unclaimed every year.

We started IncentEdge because we watched it happen, project after project. The federal program nobody on the team knew about. The state grant whose deadline slipped. The local abatement that was not pursued because it was "too small to bother." Multiplied by every project, every quarter, the gap is staggering.

Our thesis

The incentive landscape is vast, fragmented, and deadline-driven. There are 4,700+ active programs across 54 jurisdictions in the U.S. alone. They change every legislative session. They have idiosyncratic forms, inconsistent eligibility rules, and post-award compliance that stretches a decade.

Most development teams handle this with spreadsheets and tribal knowledge. The result: a fraction of available capital actually flows. The teams that do best are not smarter — they are just better organized.

IncentEdge is the system that gets every project organized. Not advice. Not a deck. Software that runs the workflow, end to end, with an institutional system of record underneath.

What we believe

Six operating principles.

01

System of record, not advisory

Consultants charge by the hour. Software runs continuously. We charge a platform fee plus a small success fee on captured value — aligned, durable, and inspectable.

02

Statutory text is the source

Every program in our database is verified against the underlying statute, regulation, or NOFO. Citations on every claim. No marketing copy from agencies.

03

Audit trail by default

Time-stamped submission receipts. Document version history. Read-only auditor seats. SOC 2 Type II since year two. Built for the day someone asks "how do you know."

04

Capture, not coverage

A long list of programs you might qualify for is a distraction. We rank, score, and stage so your team works on the dollars that actually close — in deadline order.

05

AI assists, humans decide

We use models to draft, summarize, and surface. Every applied claim is shown with its source and ready to be edited. No autonomous filings. Ever.

06

Boring on purpose

This is institutional infrastructure. We optimize for legibility, accuracy, and uptime — not novelty. Our changelog is short on purpose.

The arc

Five years, six numbers.

2021
Founded

Started in Brooklyn after the founding team spent 18 months losing to deadlines on a 7-property NYSERDA portfolio.

2022
First $100M

First 12 customers. Mostly mid-market developers. $112M captured across 38 projects.

2023
Series A

Led by Founders Fund. Database expanded to all 50 states. Marketplace launched for transferable credits.

2024
Institutional

SOC 2 Type II. ISO 27001. Funds & PE platform. First $1B captured FY.

2026
Today

340+ teams. $4.2B captured FY 2025. Series B closed Q1. 78 employees, mostly remote.

Founders

Maria & Ben.

MR

Maria Reyes

Co-founder & CEO

Previously SVP Development at Halcyon Properties (28 active projects, $1.4B portfolio). Watched seven figures slip per project. JD Yale, MUP MIT.

BO

Ben Okafor

Co-founder & CTO

Previously staff engineer at Plaid; before that Stripe. Built the first version of the program database over a long weekend in 2021. BS CS Stanford.

Backed by
Founders Fund
Series A · 2023
Lightspeed
Series B · 2026
Bain Capital Ventures
Series A & B
Construct Capital
Seed
Join the team

We are hiring across every function.

Engineering, research, design, GTM. Mostly remote. Hubs in NYC and DC. Comp at the top of market for institutional infrastructure.

See open rolesRead the Trust Center