Indonesian Proptech Startup Kozystay Secures Initial Funding from Cercano Management

In a significant development for the Indonesian proptech landscape, Kozystay, a rapidly growing proptech startup, has announced that it has secured initial funding from Cercano Management, a private investor based in Washington, United States, catering to ultra-high-net-worth individuals and their family foundations.

Kozystay, founded in 2021, has quickly become a prominent player in the property management sector in Indonesia. The startup has expanded its footprint across 30 locations, boasting a portfolio of 121 apartments, and has successfully served over 3,000 consumers. The company’s remarkable growth underscores its commitment to revolutionizing the hospitality industry through innovative tech-driven solutions.

At its core, Kozystay specializes in technology-based property management services, focusing on short-term to long-term vacation home rentals, primarily catering to the mid- to high-end property market. With the infusion of funding from Cercano Management, Kozystay aims to further enhance its technological infrastructure and expand its operations, ultimately offering an even more seamless and convenient experience for its customers.

Cercano Management’s decision to invest in Kozystay reflects the growing confidence in the potential of proptech startups in the Indonesian market. This strategic partnership is expected to open up new avenues for Kozystay’s growth and innovation, enabling it to tap into the ever-expanding demand for modern and tech-savvy property management solutions.

This funding announcement comes at a crucial time, as the global travel and hospitality industry is undergoing a transformation due to the changing preferences of travelers seeking unique and personalized accommodations. Kozystay’s dedication to redefining the hospitality sector aligns perfectly with this evolving landscape.

The collaboration between Kozystay and Cercano Management is set to generate excitement within the proptech ecosystem, as it serves as a testament to the potential of Indonesian startups in attracting global investments. As Kozystay continues to thrive, its journey promises to be a fascinating one, reimagining the future of property management in Indonesia and beyond.