Huspy
ActiveHiringDigital home-buying and mortgage platform
Proptech platform streamlining home buying with digital mortgage tools, processing 25%+ of Dubai residential mortgages.
Founders
Funding Rounds
Lead: Balderton Capital
Investors: Peak XV, ExBorder Partners, Turmeric Capital, BY Ventures
Lead: Balderton Capital
Investors: Balderton Capital, Fifth Wall, other investors
Amount and stage undisclosed by the company; led by Balderton Capital with Fifth Wall participating, at a valuation "considerably above" the 2022 $37m Series A. Wamda's May 2024 round-up (quoted by Arab News) counted it at $37m, which is the 2022 figure, so amount left null. Date is the article date. Also: https://www.arabnews.com/startups/startup-wrap-saudi-sifi-closes-10m-round-mena-funding-sees-413-mom-growth-2525551 https://www.arabianbusiness.com/real-estate/uae-proptech-huspy-secures-major-funding-round-led-by-balderton-capital https://www.menabytes.com/huspy-balderton/ https://www.arabnews.com/startups/startup-wrap-regional-startup-activity-flourishes-2516171 Confidence: confirmed (round 13, Wamda).
Lead: Sequoia Capital India (now Peak XV Partners)
Investors: Founders Fund
$37M Series A led by Sequoia Capital India, announced 20 June 2022; Balderton first invested in 2024.
Lead: VentureFriends
Investors: VentureFriends, Amir Farha (COTU), BY Venture Partners, Plug and Play, regional family offices
Amount undisclosed by the company; described as one of the largest seed rounds in MENA. Crunchbase lists $10,000,000 for this round - aggregator figure only, not confirmed anywhere. Breyer Capital and VentureSouq are later named as 'previous investors' at Series A, so they likely joined the seed or an unannounced extension. Also: https://gulfconstructiononline.com/ArticleTA/249909/dubai-proptech-startup-raises-largest-seed-rounds-in-mena https://www.adsmehub.ae/en/explore/post-details/huspy-uae-based-proptech-raises-significant-sum-in-seed-round Confidence: confirmed (round 13, Wamda).
Open Positions1
Frontend Engineer
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