Singapore tech-based property firm Propseller raises $1.2 million seed round

by RJ Shara | Oct 19, 2020 | Fundings and Exit, Startups

Propseller, a Singapore-based property company that combines a tech platform with internal agents to close deals quicker, announced today it has actually raised$1.2 million in seed funding. The round included financial investment from Iterative; Hustle Fund; XA Network; Rapzo Capital; Lazada co-founder Stein Jakabo; and Dot Property founder Ben Neve. Propseller also said”three […]
The business declares it is presently handling about SGD$75 million worth of properties each year. Throughout the pandemic, tech-enabled services like online control panels and virtual viewings have allowed Propseller’s representatives to continue working with clients. In a press statement about its investment in Propseller, Iterative partner(and creator of Divvy Homes, a San Francisco-based proptech startup) Brian Ma stated, “Worldwide, modern estate companies are currently taking market share at breakneck speeds. …