Prosperty receives new funding of 3.3 million euros

Greek startup Prosperty (theprosperty.com), which operates in the real estate sector in Greece, received an additional Seed financing cycle of € 3.3 million ($ 4 million).

Specifically, in the new round enter as investors another technological VC, that of BigPi, a large family office and some very experienced and internationally successful angel investors. It was also preceded in March 2020 by the initial (pre-seed) funding of 1.1 million euros received by Prosperty as a start-up from the technology VCs of Velocity Partners and Metavallon, which are again participating in the new investment, giving thus a vote of confidence in the company, raising total invested funds to 4.4 million euros ($ 5.2 million).

This funding will be directed to the further development of the company in Greece and other European countries in 2021 and 2022, with investments in human resources, creating a wide network of partners, in technology with new innovative services and especially in areas such as data analysis and interconnection. supply and demand, marketing and sales management, in order for Prosperty to become the dominant channel for Greeks, international individuals and institutional investors in the field of real estate. At the same time, the company prepares announcements for the application for pre-approval of mortgages through a complete digital process and innovative insurance products, providing more and more integrated services around the real estate market.

It is noted that Prosperty, created by Antonis Markopoulos, Nikos Patsiogiannis, and Antonis Despotakis, has already set up an experienced team of more than 30 people, with two offices in Athens and Thessaloniki. In this context, it offers integrated services through digital tools, which includes an advanced marketplace for all the needs of both the owner and the interested buyer / tenant, with certified information for each property and supportive end-to-end services.

To date, it has been trusted by more than 1,500 owners to move their property to Athens, Thessaloniki and other commercial destinations, while it has over 100,000 unique users per month. Finally, it has concluded agreements with the majority of banks, NPL / REO servicers and institutional investors for the effective management and digital utilization of their real estate portfolios, managing to already complete dozens of transactions with clients in Greece and abroad.

As the CEO of Prosperty, Mr. Antonis Markopoulos, stated in this regard, “In the age of technology and rapid changes, buying or renting a property should be an easy, fast, transparent and safe process for anyone interested. In this context, the pandemic accelerated developments, as it highlighted the need for digital and remote real estate services that has lagged far behind technologically. At Prosperty we promise to find the property, from the whole market, with the criteria that one is looking for, removing all the hassle from the bureaucratic obstacles and the complexity that accompany the majority of the processes in the real estate market. With the new financing we received, we plan to invest in the expansion of the company’s real estate portfolio, the development of an extensive network of partners with very privileged benefits for them and in the provision of constantly new innovative services to our customers, both in Greece and in other interesting European markets that followed immediately. “Real Estate is getting closer and closer to its full digitization.”