Xavier Kong · · 1 min readAustralian proptech firm brings home $5.2m in seed capital
Australia-based PropHero secured an additional A$8 million (US$5.2 million) in funding after closing an oversubscribed seed round co-led by VC firm Fifth Wall and early-stage fund Samaipata.
PropHero co-founders (from left) Pablo Gil Brusola and Mickael Roger / Photo credit: PropHero
Jelix Ventures and Afterwork Ventures, which had invested in the proptech firm’s pre-seed fundraise, participated in the seed round as well.
Founded in 2021 by Pablo Gil Brusola and Mickael Roger, PropHero is a digital property investment platform that includes investment strategy consultations and support from personal property coaches.
This is done through the firm’s proprietary service, which harnesses big data analytics to identify and match investment properties to clients.
PropHero will use the funds to build an integrated online property investment service into the platform, improve data models and customer experiences, grow its partner referral channels, hire for key roles, and expand to new markets.
Currency converted from Australian dollar to US dollar: US$1 = A$1.54.
See also: 🇮🇩 proptech firm bags funding from Sinar Mas unit
Editing by Miguel Cordon and Eileen C. Ang
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