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 »
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 »
Property data and analytics platform CoreLogic has acquired Victorian technology company, Plezzel. Plezzel provides real estate agents in Australia with customisable digital advertising and marketing. They also provide a platform to help agents respond to questions and requests from people interested in buying or renting properties. The cost of the acquisition was not disclosed. The… 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 »
Real estate technology investor Taronga Ventures has singled out 10 ‘realtech’ startups for its second RealTechX innovation program. RealTechX launched last year to support emerging technology startups in the real estate sector and broader built environment and has already attracted more than 300 applications from 25 countries hoping to take part in the program. This… Read more »
Soho CEO Jonathan Lui. Photo: supplied Property tech startup Soho has signed more than 400 PRDnationwide real estate agents and 80 offices across Australia to its app, which founder Jonathan Lui describes as “LinkedIn for real estate”. The free social networking app has more than 30,000 users and has featured more than 350,000… Read more »
Soho app CEO Jonathan Lui. Source: supplied After transforming the gig economy with an odd jobs app, Airtasker co-founder Jonathan Lui decided to turn his attention to real estate two years ago. The result is Soho, a property app that’s already being used by 30,000 people and connects owners, agents, buyers and renters. Lui describes… Read more »
British online real estate agent Purplebricks is pulling out of Australia after less than three years as the business struggles globally and the local arm is battered by the slump in property prices in the country’s two biggest markets, Sydney and Melbourne. The local market’s challenging conditions appear to have hit the business hard,… Read more »
Given Australia’s love of everything property and real estate, it’s fitting that innovation in terms of real estate-focused startups is strong. Over the last few years we’ve seen a range of companies launch, doing everything from helping people find and rate an agent, easily create property listings, showcase off-market properties, allow vendors to sell their… Read more »
Coworking community The Commons has secured a strategic investment from Melbourne-based property development group Riverlee that will help it scale its operations from three locations to 15 over the next three years.
Property platform YouWish believes there are homeowners who, while they don’t necessarily want to sell, could be drawn into selling for the right price.
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
:Different looks to make it easier – and cheaper – for owners to manage residential property through a fixed fee service.
Snug looks to shift the state of play in the rental space more in favour of renters, with its BondCover product taking aim at the rental bond system.
Working to deliver VR to the advertising industry is Melbourne startup FGMNT, a VR and augmented reality (AR) development company
NEW BREW: How this Perth coffee retailer is using tech to make the perfect espresso 
This vertical farming startup is growing fast – and you’re next with the 2024 evokeAG. Startup Program 
A new angel investment syndicate is backing Australia’s Techstars founders 
The NSW budget is bad news for startups – and a ‘blueprint’ is not what the sector needs right now 
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