The market continues its erratic shift leftover from the COVID crisis and portals around the world are continuing their measures to meet the unpredictable problems as they arise.
One such is Spanish online real estate agency, Housfy, which has announced it secured $3.4 million in a recent funding round. The agency plans to use the funding to support digital transformation and accelerate growth.
Funding was donated by existing investor, Seaya Ventures, with participation from Torch Capital, DN Capital, and Cathay Capital.
Housfy is ready to use the injection to open a new rental channel and grow verticals for buying and selling mortgages across Spain.
Albert Bosch, CEO and Founder of Housfy, said:
“The Covid19 crisis is forcing all sectors to digitize ahead of schedule. Since our inception, we have always been committed to digital transformation and now more than ever, we see a unique opportunity to accelerate our growth to take an exponential leap.”
Innovation is experiencing a boom in the real estate industry. Companies everywhere are accelerating sooner rather than later to keep up with the ever-shifting market climate as they race to stay afloat amidst wobbling economies.
Recently, we reported that idealista has churned out another new feature. Homesnap has launched a new touchless payment option for agents to support social distancing. And others are switching up their entire business model to cut out any possible human interaction. With this newly raised funding, Housfy is joining the fray of proptech innovation.