Praefy Secures €120,000 in First Funding Round, Propelling Proptech Revolution

In a significant milestone for the burgeoning proptech sector, Praefy, a cloud-based software startup launched in 2022, has successfully closed its first funding round, raising an impressive €120,000. The round saw contributions from private investors and support from ENISA, empowering the company to further expand nationally and fortify its standing in the real estate technology market.

Praefy’s swift ascent is attributed in part to its inclusion in the prestigious Lanzadera acceleration program in September 2022, as highlighted in an official press release. The startup’s all-encompassing cloud-based software offers real estate agencies and agents a streamlined platform to synchronize property listings across various portals, manage client relationships, organize daily tasks, and maintain a personalized website synced in real-time with their portfolio.

Javier Pérez, Praefy’s CEO and co-founder, expressed satisfaction with the company’s rapid growth, acknowledging the positive response from clients. The funds acquired, he noted, arrive at a pivotal juncture, empowering Praefy to achieve scalability and enhance its product offerings.

“We are very pleased with the rapid growth of the company and the positive reception among our clients. This funding round comes at a crucial moment, making us stronger in achieving our objectives: scalability and product improvement,” Pérez stated. “In addition, this investment will also allow us to achieve new milestones in our journey to revolutionize the real estate industry.”

Looking ahead, the Praefy management team envisions additional funding rounds to expand their team and continue spearheading the technological transformation of the real estate sector. With 250 current users and clients and a short-term goal of reaching 1,500 users, Praefy is poised to leave an indelible mark on the proptech landscape.