Proptech Innovator Offr Secures €2.1 Million Investment to Expand Global Footprint

Offr, the proptech company revolutionizing the property buying process, has successfully concluded an investment round, securing an impressive €2.1 million. This latest injection of funds brings Offr’s total funding to date to an impressive €6 million.

Founded in 2019, Offr has swiftly become a game-changer in the real estate sector, boasting over 100 real estate companies across Ireland, the UK, and South Africa as its users. The platform has processed a staggering 50,000 offers, totaling €20 billion in combined value, and facilitated 2,500 property transactions.

Offr’s CEO, Robert Hoban, highlighted the platform’s transformative impact on the Irish market, stating, “Before Offr, deals used to take six months to close, leading to dissatisfaction and a lack of transparency. Offr has not only streamlined the process but also gained rapid acceptance in the Irish market.”

The recent funding will fuel Offr’s expansion plans, targeting growth in Ireland and entry into new markets such as the UK, South Africa, and the United States. Currently used by 35,000 individuals to expedite property transactions, Offr also boasts 675 solicitor firms utilizing its data room to streamline the conveyancing process.

Notable brands, including CBRE, Sherry FitzGerald, Cushman & Wakefield, and Savills, have embraced Offr’s innovative platform, which automates over 90% of daily communication tasks for estate agents. With trust and transparency at its core, Offr’s independent register of offers, complete with proof of funds and anti-money laundering checks, sets a new standard in the evolving proptech landscape.