Our story

Why we started Parafin.

Parafin started with two of us, each with over a decade on opposite sides of the same workflow: real estate development and architecture. We watched the built world repeat itself for decades, learning the same lessons over and over while other industries compounded innovation. Parafin is what we built once the perspectives met.

Adam spent his career in real estate development, looking at 10 or 20 sites for every one that actually moved forward. Many more never got looked at at all. They got triaged on instinct, because architect-led feasibility cost weeks and thousands of dollars per site, and you can't spend that on every site that crosses your desk. The buildable deals he never put a number on were the ones that hurt most.

Brian was a pioneer in architectural technology, building bespoke software in-house at the country's largest firms. The industry never followed: he kept watching the same tools get rebuilt for every new project, never amortized. Architecture had become a commodity business with no incentive to invest in reusable infrastructure. The tools the built world needed never got built.

We started working together, and it clicked. It was simple: link generative design to how a developer actually thinks. Site, brand, budget, returns. Skip the back-and-forth. Get to a go/no-go decision in hours, algorithmically, instead of waiting weeks for an architect to draw something the developer then has to re-underwrite. We started with hotels because the strongest brands in real estate are here. We built it with them. Strong brands are the fastest path to adoption.

We both see where this is going. Technology compressed trading decades ago. Real estate development is next. Buildings constructed in weeks, designed in days, financed in minutes. Parafin is where we started, the feasibility layer where AI can already collapse weeks of work into hours. The rest of the value chain is coming. We'd rather drive what's coming than ride out an industry that hasn't moved in decades. Build it, adopt it early, or get lapped by the people who did.

Founders

An architect and a developer, working toward the same vision.

Both founders have spent careers at the intersection of real estate and generative design. Parafin is the product they wish they'd had.

Adam Hengels

Adam Hengels

Founder
LinkedIn

Adam spent over a decade in real estate development before co-founding Parafin. Educated at the University of Illinois, Illinois Institute of Technology, and MIT.

Earlier in his career he worked at Forest City Ratner on the $5B Atlantic Yards and Barclays Center development in Brooklyn. His team kept the project moving through the 2008 financial crisis after the original financing collapsed.

Built by architects, generative tools serve architects, not developers. Built by tech founders, they serve no one. Only a real estate developer can build for real estate developers. Adam built Parafin around what he knows: where a deal starts, what moves it, what kills it.

Brian Ahmes

Brian Ahmes

Founder
LinkedIn

Brian co-founded LINE, the computational design studio inside HKS Architects, and led a team building bespoke software for some of the firm's biggest projects, including NFL stadiums. They were years ahead of the industry. Many large firms later copied the model.

He later co-founded H.ME, which prototyped hotel concepts for Google, GSA, and others with investment from Hyatt Hotels.

Brian built Parafin's engine. Thousands of brand-compliant designs per site, generated in seconds. Nothing like it exists. Autodesk has named him a top construction influencer.

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Advisors

The people who told us this needed to exist.

Arol Wolford

Arol Wolford

Advisor & Angel Investor
Founder, CMD
Founder, SmartBIM
Early investor & Board, Revit

"I have seen data and BIM transform construction. Parafin puts real estate developers in the driver’s seat of the next wave of transformation."

Steve Weikal

Steve Weikal

Advisor
Managing Partner, MET Fund II
Industry Chair, MIT Center for Real Estate

"Parafin is the autonomous future of real estate — development getting faster, more automated, and increasingly digital."

Steve Haggerty

Steve Haggerty

Advisor
Founder, Bare Hill
Former Global Head of Real Estate & Capital Strategy, Hyatt Hotels

"Quickly understanding the feasibility of multiple hotel brands on a site is a game-changer for both brands and developers."

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