HouseEazy, a Proptech Startup, Secures $1 Million in Seed Funding from Investors
- ByStartupStory | December 19, 2023
HouseEazy, a platform specializing in resale homes, announced securing $1 million in seed funding from investors, led by Antler. Notable participants in this investment round include India Accelerator, AC Ventures, Agility Ventures, Finvolve Ventures, along with industry veterans like Pirojsha Godrej, the Executive Chairperson at Godrej Properties, and Sandeep Aggarwal, the Founder at Droom, the company confirmed in a statement.
“HouseEazy aims to introduce trust, transparency, and convenience into secondary real estate transactions by constructing a comprehensive, data-powered technology platform. Our goal is to offer optimal prices to sellers while ensuring buyers access title-checked, refurbished, and immediately available homes,” the company stated.
Tarun Sainani and Deepak Bhatia, the founders of HouseEazy, previously collaborated at Godrej Properties, collectively bringing over 25 years of experience in the real estate sector.
“Housing.com data highlights proptech companies receiving $4 billion in funding since 2009, primarily driven by the increasing adoption of technology in real estate, particularly post the onset of the COVID-19 pandemic.”
“In November 2021, NoBroker.com, based in Bengaluru, achieved unicorn status in the proptech sector after securing $210 million at a $1 billion valuation,” the report added.
PropShare raised $47 million last June, including investments from WestBridge Capital, while Reloy, supported by HDFC Capital, obtained nearly $1 million in June this year to expand operations.
Other ventures in the proptech space, such as Property Pistol, Landeed, Crib, and Settl., have also secured substantial investments to fuel their growth and expand their technological solutions in the real estate industry,” the report concluded.
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