Capitalizarme, a Chilean Fintech startup specialising in real estate, has raised $6m in a bridge fundraising round led by Angel Ventures. The company will use the funds to support its expansion into the Mexican market.
Capitalizarme lets individuals make fractional investments in residential property commercial premises and land. Based in Chile, it recently expanded its business model into the more lucrative Mexican market with the heady goal of boosting its 2021 revenues of $180m to $1bn per annum.
Capitalizarme isn't the first Chilean startup to look north into Mexico, with Houm making the move earlier this year.
The company will likely look for further investment in 2023 after acquiring the real estate portal GoPlaceIt for an undisclosed sum earlier in 2022.
Online Marketplaces interviewed Capitalizarme co-founder Francisco Ackermann as part of a panel at the PropertyPortalWatch Español in December 2020. Find out what he said below: