Huspy Bags Investment Round Headed By Balderton Capital
The real estate technology firm is developing the greatest technology for brokers and agents to create a Super App for real estate.
News Desk
2 years ago·1m read
Property technology leader Huspy, headquartered in the UAE, has secured a significant funding round. The investment, led by Balderton Capital with participation from existing investor Fifth Wall and others, comes at a valuation exceeding their 2022 Series A round. This funding marks a turning point for Huspy's vision: building a comprehensive real estate Super App that revolutionizes home buying across Europe and the Middle East.
Launched in 2020, Huspy has become a major force in the region. Within its first year, it became the UAE's largest mortgage provider. Today, it facilitates over 25% of all residential mortgages in Dubai. Huspy offers a one-stop shop for home buying and selling in the UAE and Spain. The company aligns with the UAE's goals, attracting top talent and fostering innovation. They've brought over 200 professionals to the region from across the globe. Some of the most well-known venture capital companies in the world, including Founders Fund, Balderton Capital, Breyer Capital, VentureFriends, B&Y Venture Partners, COTU Ventures, VentureSouq, Peak XV (previously Sequoia Capital India & SEA), and others, have also contributed money to Huspy.
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