Australian PropTech Soho Raises $500,000 in Exclusive Series B Funding

November 30, 2023

Property recommendation app Soho has raised funding of A$750,000 ($497,000 U.S.) in a pre-Series B round.

Feedback Ventures, an early-stage PropTech investor based out of Singapore, led the "exclusive" round, with the firm now valued at circa $20M.

Soho has a trademarked "PropertyMatch" AI that instantly creates a list of properties matching searchers' criteria. It then employs a Tinder-esque swiping system to let users pick their favourites from a pool of over 150,000 properties in Australia.

The platform is completely free to list for real estate agents.

Soho has raised in excess of A$5M to date and is apparently eyeing an international expansion in an expanded Series B moving into 2024.

November 30, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Untitled Design 16
Product and Services Roundup: Avito, Endeska, Dubizzle, NoBroker

This week's Product Roundup starts with Avito (twice)...   Europe: Avito partners with M2Data for listing verifications Avito Real Estate...

Read More
Omp Investment Roundup 1
Funding and Investment Roundup: Avito, Spotahome, Third Door Ventures, Property Sense

This week's funding and investment roundup starts with a major deal in Russia that could see a public flotation shortly......

Read More
Aurum Proptech Results 2
Aurum Proptech Trims Losses in Full Year Results

Aurum Proptech, the parent company of India-based rental platform NestAway, posted INR2.6 billion ($31 million U.S.) in consolidated operating revenue...

Read More
Untitled Design 15 1 3
Realtor.com Reveals Updated Traffic Claims in Blog

Realtor.com has reported strong growth in traffic, engagement, and search visibility on a new blog post, citing recent data from...

Read More

Editor's Pick