Melbourne-based proptech Listing Loop has closed the first tranche of its Series A, securing $2.1 million. Cofounder and CEO Rhett Dallwitz said the startup has more than 75% of its commitments and will finalise the balance of $500,000 over the coming weeks. “With a 174% YoY revenue growth, our company is at pivotal stage of… Read more »
The annual Proptech Awards have chosen a woman as Proptech Leader of the Year for the second year in a row, with Sarah Bell, cofounder of AiRE Software, taking the top gong, following on from Trish Mackie-Smith in 2022. More than 350 people gathered in Sydney this week for the Proptech Association Australia awards… Read more »
An Internet of Things (IoT) startup focused on home safety has raised $2.65 million in a Seed round backed by several prominent property sector investors. Sensor Global was backed by Shane Oswin, David Lynas and David Welsh, supported by Causeway Equities, and Second Century Ventures, the VC arm of the National Association of Realtors in… Read more »
Proptech Inspace has raised $6 million in a Series A for its virtual inspection software platform for commercial property promotions. The round was co-led by Facebook cofounder Eduardo Saverin’s B Capital and local VC Our Innovation Fund (OIF), an existing investor, with Investible also once again chipping in. Inspace previously raised$ 4 million in a… Read more »
Residential property management startup Different, has been handed to administrators, unable to attract new capital, despite being backed by Airtree and the Commonwealth Bank’s venture arm, X15. Seven-year-old Different Technologies Pty Ltd was placed in voluntary administration with KPMG on Thursday. Founded in 2017 by expat Silicon Valley entrepreneurs, Mina Radhakrishnan, a former Uber global… Read more »
You might wanna think twice before using proptech platforms like 2Apply and Snug to apply for a home. New research from CHOICE has revealed that over 40% of renters have been pressured to use these third-party platforms, which could lead to data breaches, extra costs, and exclusion from housing. CHOICE consumer data advocate Kate Bower… Read more »
Entries for the Proptech Association Australia (PAA) 2023 Proptech Awards are now open. The awards span three categories –startups, scale-ups, and established Suppliers – for each award and this year there are seven new awards. Proptech Association Australia President Kylie Davis said that this year there will be 33 awards in total. “We are recognising… Read more »
Digital property investment platform PropHero has appointed Sophie Hayek to the newly created role of CEO Australia. She joined the company in September 2022 as global chief operating officer. The proptech startup helps people find, purchase, and manage investment properties in Australia and Europe as a “next gen” buyer’s agent. Hayek said they want to… Read more »
Sydney- and Madrid-based proptech company PropHero has raised $8 million in a Seed round, just eight months after landing $1.6 million in pre-seed funding The round was co-led by real estate focused VC Fifth Wall, and European early stage fund Samaipata. Local VCs Jelix Ventures and AfterWork Ventures, who invested in February’s pre-seed round, also… Read more »
Climate focused proptech startup CIM (Continuous Intelligent Monitoring) has raised $10 million in a Series A. The round was led by Five V Capital, alongside Carthona Capital and several property executives, including Mark Steinert, former CEO of Stockland. The round values the business at more than $100 million. The new funds will be used to… Read more »
Seven West Media’s venture capital arm has thrown its weight behind a new proptech startup consortium by former Domain boss Antony Catalano and investor Alex Waislitz targeting the real estate sector. View Media Group (VMG) is a real estate digital media and agent services business, involving B2C and B2B proptech platforms. They include The Today… Read more »
Sydney proptech startup Yabonza has been placed in the hands of administrators after running out of capital. Mark Trowell, who spent eight years at Macquarie Group as senior project manager and innovation lead in banking and financial services, left the business in 2017 to launch Yabonza with colleague Simon Kinsey. Their startup set out to… Read more »
Arcanite, an off-the-plan sales management software solution, has set out to transform the way off-the-plan developments are sold using virtual reality and is now looking to help people crack into the property market. The proptech helps property developers and real estate agents simplify the management of their sales channels and projects, rapidly growing their networks… Read more »
PropHero, the AI-enabled digital property investment platform that helps people find, buy and manage investment properties, was named the Startup Proptech of the Year at the Proptech Association’s second annual Proptech Awards. It was one of several startup recognised alongside scaleup companies. The awards were held in Sydney with more than 300 people at the sold-out… Read more »
Payments and real estate property management platform Managed App has raised $5.3 million. The round was led by REA Group and Momentum Markets. The funds will be used to grow the sales, marketing and development teams, as the five-year-old startup looks to double its user base over the next year. Founded in 2017 by Nick… Read more »
Fintech tikpay pockets $1.6 million pre-Seed round to transform transport ticketing 
RAZZLE DAZZLED: Tech careers platform Earlywork named Best New Idea for 2023 
FLYING HIGH: Food waste management innovator Goterra wins Best Sustainability Startup 
‘A truly flexible workplace’: Melbourne insurtech Kanopi wins Best Startup Culture award 
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