Props to them. Meet Propseller! They're basically a real estate agency with their own agents — but supercharged with the power of tech! Oh, and they just raised a $12M Series A led by Vertex Ventures Southeast Asia & India.

Investor check. Partech, ICCP SBI, Vulpes Ventures, Redbadge Pacific, Hustle Fund, Iterative and Rapzo Capital also joined in.

• 👼🏻: Jani Rautiainen (Co-founder, PropertyGuru), Marta Higuera (Co-founder, OpenAgent), Steffen Wicker (Co-founder, Homeday) and Tushar Garg (Co-founder, Flyhomes).
• They last raised a $1.2M seed in 2020.

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🤨 House it going?

Their tech makes buying and selling real estate faster and more efficient, allowing them to charge only a 1% commission.

• Traditional real estate agencies in Singapore charge 2%. While that sounds like a small gap, it translates to thousands of dollars saved.
• With automation, their sellers focus on client relationships and close 6x more transactions than average.

Data's in the details. As an end-to-end real estate platform, they break down the entire process and record every step for the best results.

• This allows them to record data others don't have, optimize each step of the process and show users the likelihood of conversion at each step.

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🏡 How it works

Seller? Sell more of your properties faster, get total price transparency and earn more!!

• They'll handle everything from valuing your properties, getting professional photos (even video and VR viewings) and premium online and offline marketing.
• View the entire process. See where your property is being marketed, inquiries generated, scheduled viewings and offers.

Landlord? You'll have your properties rented faster than ever — get a tenant in days.

• Kick back and relax while they market your property to the max, handle the viewings, negotiate offers and everything else until they find you the best tenant.

Buyer? Find your dream property and the best price — hassle-free! All with a dedicated agent who'll help you from your first viewing to closing that perfect property.

• They'll plan your finances and shortlist the best properties, fully arrange your viewings, help you negotiate for the best deal and more!

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💰 What's with the $$$?

They'll be scaling their business model, expanding their offerings and entering new markets. Oh, and they're hiring a ton of folks from marketing and operations to engineering and sales!