Proptech startup Jasper announces investment from M7 Real Estate

September 17, 2019
Share this Post: 

Jasper, a commercial property company based out of Auckland, New Zealand, has recently announced that that is has raised $2.3 million in seed funding after investment made from M7 Real Estate, a European asset managing firm.

The proptech start-up aims to increase access to commercial real estate opportunities by allowing investors to purchase fractional ownership in assets.

Jasper Co-Founder Mark Campbell says the M7 investment will help to accelerate the democratization of commercial property investment and ensures the business is on track to launch this year.

“M7 is an established European business and their support shows that those at the forefront of the industry see a changing property investment environment led by technology.”

Jasper will use a fully digitized onboarding, accreditation and subscription process. It will offer lower minimums, lower fees and improved liquidity compared to analogue incumbents.

A secondary market will also be provided. This will give investors the potential to sell their equity to other investors, ensuring liquidity in a traditionally illiquid asset class.

M7 Real Estate CEO Richard Croft says that they recognize the value of Jasper’s technology-led marketplace and the potential impact it will have on the commercial property sector.

Read more here

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Summit 2019

September 17, 2019

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

Shutterstock 1958725735
Spotahome Tells Staff That It Expects Another Round of Layoffs

Madrid-based on-demand rentals specialist Spotahome has announced it will go through another round of layoffs, weeks after firing two senior...

Read More
Homely And Ptg Skyline
Aussie Portal Homely Integrates with Proptech Group's VaultRE and Eagle CRMs

Australian challenger portal Homely.com.au says it will be easier than ever for agents to list in more places after announcing...

Read More
Jason Tebb Onthemarket Quote
Jason Tebb: "I dread to think where prices from the others would be if we hadn't been around" - OnTheMarket Boss Speaks Exclusively to OnlineMarketplaces.com

In an exclusive interview with Online Marketplaces, Jason Tebb admitted that OnTheMarket's mission was not to go after Rightmove... Since...

Read More
Urban.com .Au Image
CarSales Founder Steve Kloss Invests in Urban.com.au and Gets Board Seat

The Australian primary real estate marketplace company Urban.com.au has secured investment from CarSales.com.au founder Steve Kloss. Kloss joins the portal's...

Read More

Editor's Pick