Dubai-based proptech company PRYPCO has raised a Pre-Series A round led by US investment firm General Catalyst.
The funding will support PRYPCO’s expansion, regulatory collaboration and scaling efforts. Since its launch in 2022, the company has facilitated close to $2.7bn in mortgages, assisted more than 3,000 Golden Visa applications and onboarded over 50,000 users through its platforms.
The company’s ecosystem now includes over 60,000 real estate agents, 300 exclusive secondary projects and a data hub of 1,500 projects.
Gulf Economist Staff Writer