• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Tech Start-up Huspy Raises $37 Million in Latest Round

by Vishvas Narayan
June 21, 2022
in Business, Future Tech, Startups, Tech
Reading Time: 2 mins read
0
Tech Start-up Huspy Raises $37 Million in Latest Round
TwitterWhatsappLinkedin

Prop tech start-up company Huspy has just received investments amounting to $ 37 million USD in their latest round of investments. This was a round A investment and it is one of the largest investments ever at that stage of funding. The funding was primarily led by Sequoia Capital. Founders Fund, an American venture capitalist company also took part in this round which was their first ever investment in the Middle East region.

You might also like

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

Google Is Shutting Down Android Instant Apps Due to Low Usage

Huspy is a start-up company in the real estate industry. The company allows their customers to receive home loans and other finances for their property through their portal and platform. There is almost no paper work required to receive the finance which is the biggest differentiator between Huspy and other companies. The company was founded just 2 years ago back in 2020 and its head office is situated in Dubai, United Arab Emirates.

Huspy by Mena

Fifth Wall, which is a venture capital fund that solely focuses on real estate and tech companies also took part in this historic round. A few other venture capitalists and fun management companies also took part in this round.

Real estate has slowly been booming now as the coronavirus is looking to be a thing of the past. There has been a 59% increase in world real estate business in 2021 when compared to 2020. It is expected that business in the industry will grow even more in 2022 as the world is slowly going back to how it was before the corona virus.

While tech and real estate have come together in the form of start-ups in North America, South America, and parts of Asia like Japan, Singapore, and South Korea, the Middle East is now a market that shows great potential for growth and Huspy has snapped up on this opportunity quickly as they look to take over the region’s real estate.

Most of the hoops that you have to jump through when property buying is offline in the Middle East. There are now online and digital aspects to the transactions now, but they are all fragmented and decentralised. However, with Huspy, the entire process of buying property including the financing can be done on their platform. According to Antoum, over 5 agents work with a single customer while buying a property making it a hassle for the people. However, using just a single platform to get the deal done could just be a blessing, especially at a time when the market is booming.

Tags: #Huspy#Realestate#startupsinvestmentsPlatformtech
Tweet54SendShare15
Previous Post

How to get started with Facebook Dating

Next Post

how to do photo slideshow on tiktok

Vishvas Narayan

Recommended For You

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

by Anochie Esther
June 14, 2025
0
Android 16

Google has officially launched Android 16, the latest iteration of its mobile operating system. As expected, the update is rolling out first to Pixel devices, with wider availability...

Read more

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

by Anochie Esther
June 14, 2025
0
Nippon Steel

Shares of U.S. Steel dropped by 4% after a Nippon Steel executive told Japan’s Nikkei newspaper that the company's planned $14.9 billion acquisition of U.S. Steel hinges on...

Read more

Google Is Shutting Down Android Instant Apps Due to Low Usage

by Anochie Esther
June 14, 2025
0
Google

Google has officially confirmed that it will be sunsetting Android Instant Apps in December 2025, bringing an end to one of its more ambitious efforts to simplify app...

Read more
Next Post
How to flip camera on TikTok live

how to do photo slideshow on tiktok

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?