Tech Company Financing Transactions
PropHero Funding Round
PropHero closed a $8 million Seed funding round on 10/6/2022. Investors included Fifth Wall Ventures, AfterWork Venture and Jelix Ventures.
Transaction Overview
Company Name
Announced On
10/6/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Seed
Investors
Fifth Wall Ventures (Lead Investor) (Miguel Esteban)
Proceeds Purpose
The fresh capital will be used to build an integrated online property investment service, improve the company's data models and digital customer experience, grow partner referral channels in mortgage broking, accounting and financial advisory, hire for key roles and expand the company's geographic footprint into new international markets.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
Level 8, 11 York St
Sydney NSW, 2000
AU
Sydney NSW, 2000
AU
Phone
Website
Email Address
Overview
Developer of a property investment application designed to help people find, purchase and manage their investment properties. The company's AI-enabled digital property investment platform handles the due diligence and acquisition process of transactions and makes property investing simple, transparent, and profitable, enabling clients to define their strategy by understanding their needs and applying proprietary AI algorithms to help them find suitable investments.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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