Huspy, a fast-growing property technology startup, has successfully raised $59 million in a Series B funding round to accelerate its expansion across the Middle East and Europe. The funding round was led by two prominent venture firms, Balderton Capital and Peak XV, signifying strong investor confidence in the company’s vision and operational model.
Founded in 2020, Huspy aims to streamline and digitize the home buying and financing process, offering an end-to-end platform that connects buyers with properties and mortgage services. By removing traditional barriers and inefficiencies often associated with property transactions, Huspy has positioned itself as one of the most innovative proptech companies in the region.
The newly secured capital will be used to strengthen Huspy’s presence in existing markets including the United Arab Emirates and Spain, while also enabling entry into new European and Middle Eastern markets. The startup plans to invest significantly in technology enhancement, talent acquisition, and operational infrastructure.
According to Huspy, the company has witnessed significant traction over the last two years, processing billions of dollars in mortgage volume and partnering with key financial institutions and real estate agencies. The Series B round follows earlier funding milestones, with the company previously raising capital from other well-known investors in the fintech and real estate sectors.
Balderton Capital, based in London, has a strong track record in backing early-stage tech companies across Europe. Meanwhile, Peak XV—renamed from Sequoia Capital India & SEA—is a dominant player in the Asian venture capital landscape. Their participation in this round not only brings financial support but also strategic insights that are expected to guide Huspy through its next growth phase.
With this investment, Huspy is poised to challenge legacy systems in continental real estate and financing markets. The company’s broader mission remains to make the process of buying and financing homes as seamless and transparent as possible, leveraging digital tools to empower consumers and partners alike.
As the global proptech sector continues to evolve, Huspy’s latest funding move reflects a growing demand for digital-first solutions within the property purchase and mortgage industries.
Source: https:// – Courtesy of the original publisher.
