other

Updated:

Proper

Proper is an SEC-registered investment adviser in Tallahassee, Florida, registered since 2025. The firm manages approximately $132 million in regulatory...

Proper

Proper is an SEC-registered investment adviser in Tallahassee, Florida, registered since 2025. The firm manages approximately $132 million in regulatory assets. It has 7 employees and 3 investment advisers.

General information

Firm type

other

Principals

Mark Rojas

Founder & CEO

Qasim Ashraf

COO

Marcelo Villanueva

Head of Finance

Ramakrishnan Subramaniam

Director of Accounting

Chris Randone

Head of Sales

Uma Nesis

Chief of Staff, Jr.

Juan Morazano

Sr. Engineering Manager

Sector focus

PropTechReal Estate

Frequently asked questions

What does Proper actually sell — software or a service?

Proper sells an outsourced accounting service, not a software license. Its accountants run clients' books inside the property-management systems the clients already use, supported by internal AI automation tooling. Pricing is per-unit or per-square-foot on month-to-month contracts, with no disclosed onboarding fees.

Which property types does Proper's accounting team handle?

The firm's public materials list residential (single-family and multifamily), HOA, student housing, commercial, and what it calls unique assets — co-ops, mobile-home parks, and short-term rentals. Client-size thresholds start around 250 doors or 15,000 commercial square feet.

Who runs investment decisions at Proper?

Proper is an operating company, not an investment firm. Mark Rojas is the founder and CEO, with no public indication of a separate CIO or family-office investment function. The firm raised a $9M Series A from institutional venture investors (per TechCrunch, August 2021), signaling that capital-allocation decisions sit with Rojas and his board.

Does Proper participate in fund commitments or direct deals?

No. Proper is a venture-backed services company. It has not disclosed any investment activities, fund commitments, or portfolio-company stakes beyond operating its core accounting service.

Where does the underlying wealth come from?

The firm is not structured as a family office and has not publicly disclosed a wealth origin. Its founder, Mark Rojas, previously led product and design at Shopular, a Sequoia-backed mobile shopping startup, and grew up in New York's real estate industry (per the firm's website).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on investors?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More other profiles