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 »
The Proptech Association Australia (PAA) has announced the finalists in the 2022 Proptech Awards, the only nationally coordinated awards for Australia’s booming property technology sector. PAA President Kylie Davis said entries for the 2022 awards jumped 31% on last year to 124 across the 23 categories. “It’s super exciting to celebrate these success stories in… Read more »
Queensland proptech startup UrbanX has raised a multi-million dollar war chest as it looks to ramp up its disruption of the traditional real estate sales model. The round – the exact figure was undisclosed – was led by 29North co-founders Ross Hayward, Ben Korst, and Brendan Larsen, supported by Archie Douglas, co-founder of PRD Nationwide.… Read more »
Melbourne startup The Room Xchange has launched a mandatory verification feature on its house-sharing platform. Founder and CEO Ludwina Dautovic said the new ‘Verified’ feature also ensures that all profiles are real and current, with the site’s search algorithms simplifying the matching process to make it easier for people to find the right housemate based on personality,… Read more »
Residential building software platform canibuild has raised $8 million in a Series A. The round was led by EVP, with support from Regal Funds Management, with the funds earmarked towards growth in Australia, New Zealand and the US, and plans to expand into additional markets Founded in 2020 by Timothy and Stella Cocaro, Deepankur Malhotra… Read more »
Australian proptech venture PropHero has raised $1.6 million seed round for its property investment platform. The round was led by GFC Global Founders Capital and supported by AfterWork Ventures, Jelix Ventures and The Fund. The cash is earmarked to improve the company’s data models and digital customer experience, key hires, and to expand the footprint nationally across Australia… Read more »
Adelaide real estate software company HappyCo has raised US$52 million (A$72m) in a Series B and it looks to ramp up its US expansion. The raise was led by US venture capital firm Camber Creek. The cash will be used to develop new services and hire more Australian staff as co-founders Jindou Lee and Andrew… Read more »
Proptech platform Inspace, which enables real estate agents to host virtual property inspections, has raised $4 million in a pre-series A as it eyes off the US and UK markets. The round was led by Our Innovation Fund (OIF) with support from Aconex co-founder Leigh Jasper, seed VC Investible and Artesian. OIF Partner Geoff Levy,… Read more »
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