PropTexx Ends Funding Round and Gears up for Pre-A Series Round

April 25, 2021
Share this Post: 

Singaporean proptech startup, PropTexx, which operates a high-quality media and 3D content curation platform for real estate professionals, has just announced the completion of a seed funding round where it received an undisclosed amount in funding. The next move is to begin a Pre-A funding round to support its AI strategy. 

Stefan Gunnarsson, CEO of PropTexx, said:

"Real estate brokers are in the business of selling property. That's what they do best. Not design, or web design, or photography work. However, these are services that are critical to them and that they can also resell to their customers. For real estate professionals, meaningful sales happen if they have a powerful portal they can leverage. PropTexx offers them that without any effort or brand dilution.”

PropTexx’s real estate media solution offers real estate professionals and agencies a way to develop their brand with top-of-the-line content. In turn, professionals that utilize this turnkey service can resell to their customers under their own brands. 

PropTexx also onboards professional photographers to sell their high-quality work through the platform. This has been one of the driving forces behind the Pre-A funding round goal. 

Gunnarsson explained:

"That's also why we are stepping into a Pre-A round of funding that will be aimed at supporting our AI strategy. We're already profitable, but we know that the wealth of AI-powered features we will add to PropTexx will seriously grow our business by helping real estate brokers grow theirs."

PropTexx has also acquired the entirety of, a 3D content provider in Southeast Asia, to increase its growing hold in the region. 

Gunnarsson concluded: 

"We offer real estate professionals with businesses of any volume an advanced tool that they can use to scale their operations. In turn, we can dramatically scale ours because wherever there is a real estate broker in need of a streamlined high-performing solution that helps them to showcase and promote properties and charge a premium for extra quality content that drives more conversions, PropTexx's white-label tools will be the natural service they'll choose. After all, Proptech experts like us will do all the complex tech, design, and 3D content production legwork for them.”

April 25, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Cian Going Public On Nyse
Russian Market Leader Cian Files for IPO on the NYSE

Russian market-leading real estate vertical Cian has filed with the SEC for an initial public offering on the NYSE with...

Read More
Onthemarket Coaching
OnTheMarket Offering Free Leadership Coaching to Agents

OnTheMarket has announced a partnership with business coaching firm Property Academy which will see some of the British portal's agent...

Read More
Mygate Homes And Housing Partnership
REA-Owned Ties Up Listings Syndication Deal With MyGate Homes in India

Indian property portal has announced a listings syndication deal with the newly launched FSBO marketplace MyGate Homes. The deal...

Read More
Daniel Bignold Ceo Of Propps
Ten Questions With Daniel Bignold, Founder & CEO of Propps

Like most markets right now, the Australian real estate market is super competitive. There are big bidding battles with all...

Read More

Popular News