Stake
ActiveHiringFractional real estate investment platform
Digital real estate investment platform allowing individuals to invest in properties with as little as AED 500.
Founders
Funding Rounds
Lead: Emirates NBD
Investors: Emirates NBD, Mubadala (MENA Venture Capital Fund), MEVP, Property Finder, STV NICE, Wa'ed Ventures, GFH Partners, Ellington Properties
Oversubscribed. Total funding now $58M. For KSA expansion, tokenisation with Property Finder, StakeOne.
Lead: Middle East Venture Partners
Lead: Middle East Venture Partners
Investors: Middle East Venture Partners, BY Ventures, Vivium Holding, Combined Growth Real Estate
Labelled 'pre-Series A' by the company and all outlets; recorded here as bridge (same convention as the DB uses for pre-Series rounds). Wamda names MEVP and BY Ventures as co-leads; TechCrunch lists BY Ventures, MEVP and Vivium as the round's investors. Company said $12M raised to date after this round. Also: https://www.wamda.com/2022/08/stake-raises-8-million-pre-series-round https://www.forbesmiddleeast.com/innovation/startups/stake-raises-$8m-in-a-pre-series-a-funding-round https://gulfnews.com/business/property/dubai-real-estate-investment-startup-stake-reels-in-8m-in-pre-series-a-funding-1.1661841052464 Confidence: confirmed (round 13, TechCrunch).
Lead: Combined Growth Real Estate
Investors: Combined Growth Real Estate, Vivium Capital, Verve Ventures, Lama Holding, Mishaal Alireza, Chalgrove Properties Limited shareholders
Round led by Combined Growth Real Estate (Amer Hammour, Madison Marquette). Stake had launched about six months earlier; TechCrunch and Wamda later cite this as the $4M seed of June 2021. Also: https://www.wamda.com/2022/08/stake-raises-8-million-pre-series-round https://techcrunch.com/2022/08/29/dubai-based-stake-raises-8-million-to-let-people-across-the-globe-invest-in-local-properties Confidence: confirmed (round 13, MENAbytes).
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