IBuildNew looks to raise $2M in investment round led by RACV

Australian proptech company iBuildNew has announced a new investment round of $2 million. RACV is leading the round, taking a strategic stake in the business.

iBuildNew adds to RACV’s portfolio of investments in consumer technology that assists homeowners to make informed decisions, with other ventures including land checked and property safe.

The iBuildNew solution acts as a marketplace for Australians looking to build or invest in a new home and enabling them to search, compare and connect with builders and land developers.

While assisting buyers in their purchasing decisions, iBuildNew offers a service for home builders, land developers and other industry building professionals who can gain online brand exposure and potentially generate new leads and clients.

Designed to be the destination for people looking to build, it matches buyers to a range of options online while also supporting consumers with their offline phone advisory service.

CEO of iBuildNew.com.au, Daniel Peterson, said the recent investment in the platform will propel them to the next phase and enable further expansion.

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