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 »
Marketplace lending platform CrowdProperty Australia has raised $1.5 million in a seed round as it aims to ramp up finance for SME property development. The raise was led by developer Oscar Done, supported by several property, financial services, and tech investors including Black Nova VP Alex Retzlaff and former TripAdvisor technology VP Jeff Lewis. CrowdProperty launched… Read more »
Construction contracting tech startup ProcurePro has raised $2.6 million in a seed round. The funding round included several local construction industry executives, including Geoff Tarrant, co-founder of construction progressive payments fintech Payapps, as well as several Australian and US-based investors. It will be used to accelerate Australian and international growth plans. Founder and CEO Alastair… Read more »
ASX-listed PropTech Group (ASX: PTG) has enlisted the support of fintech startups to build a buy now pay later (BNPL) real estate play. The joint venture project, called PropPay, is a payments platform that will allow real estate agents and third-party platforms to offer payments and solutions to their customers for property-related services in Australia… Read more »
After a long career in property, it wasn’t until he was buying his own home that Mark Allen ran into a common frustration that many house hunters face. Allen was trying to buy a home, but by the time he had arranged finance, the property had been taken off the market. After moving on and… Read more »
As a startup founder, I know first hand the enormous personal resilience it takes to overcome adversity, setbacks and challenges. During the GFC in Ireland I lost it all. With my young family, I decided to take a courageous leap of faith and relocate to Australia with only $5,000 in my pocket in search of… Read more »
Construction tech platform Mooven has raised $5 million in a series A. VC firm Equity Venture Partners led the round supported by Five Ventures Investment. The funds are earmarked to scale its Australian and New Zealand teams, and prepare for expansion into the United States. Mooven provides construction teams, project managers and governments with the… Read more »
An AI-based chatbot startup that allows real estate agents to communicate with customers 24/7 has raised $6 million in a series A. Propic, which has two proptech solutions for agents and property managers to respond and communicate via automated conversational or text AI, was backed by former Domain boss Antony “The Cat” Catalano and billionaire… Read more »
The Proptech Association Australia announced the winners of the inaugural Proptech Awards this week at a Sydney ceremony before 150 people. Others tuned into the livestream via satellite events in Brisbane and Perth (regrettably Melbourne’s event was cancelled due to the covid lockdown), as the winners of 15 category trophies, three Best of the Best… Read more »
This week the innovators in Australia’s property industry will be celebrating their hard-earned achievements. On Thursday, May 27, the Proptech Association Australia will host the inaugural Proptech Awards, Australia’s first nationally co-ordinated awards for the growing property technology sector. In Sydney, there will be a gala dinner in the Ballroom at Ashurst, the event’s major… Read more »
Melbourne proptech startup Rental Heroes has raised $1 million in seed funding for its AI-based tenant request SaaS platform. Seed investment group Investible led the round, with existing investor, Artesian, once again backing the two-year-old startup alongside US-based Hustle Fund and Morten Birk Belling, managing director of Menulog ANZ. Rental Heroes is pioneering the use… Read more »
Canadian building management company BGIS will expand its Australian operations centre in Adelaide to monitor clients across the Asia Pacific. The global company plans to utilise the latest Internet of Things technologies in Adelaide, South Australia to remotely control buildings in other states and countries through internet-connected devices and sensors. This includes the monitoring and… Read more »
Rupert Murdoch’s News Corp and REA Group are among several high profile investors backing a $3 million Series A round by fragmented property platform Bricklet, valuing the startup at $28 million after just 18 months. Original investors Lakeba, Mirvac Group (ASX: MGR), Stockland (ASX: SGP) and Mihubb also joined the round, along with property investment… 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 »
Daily startup news and insights, delivered to your inbox.
