Prosperty raises €1.1m seed funding to transform the Real Estate market

  • Posted by Metavallon VC Team
  • On July 15, 2020
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Prosperty, a pioneering online platform that promises to change the way people buy and sell property, announced a €1.1. million seed funding from  Velocity.Partners  and Metavallon VC,  as well as from angel investors .

Prosperty, provides an innovative and complete digital solutions, as well as process automation, securing transparency and professionalism at competitive costs. Co-founders, Antonis Markopoulos, Nikos Patsogiannis and Antonis Despotakis are launching  an entirely new integrated and reliable experience in real estate management, with only fully audited property available, 3D assisted presentations and virtual tours, digitalization of property identification documents and online services regarding technical, legal and notary procedures required for the completion of property selling and renting. The platform offers full promotional services making the properties listed effectively visible in both Greece and abroad to both private buyers and investors.

“Over the last few years, the property market in Greece and in other similar countries is growing and attracting investors. However, despite the blooming market, buying, selling and renting property comes with complicated and time-consuming procedures with almost no technology applied. This leads to an overall poor experience for those involved. Prosperty addresses the technological stagnation of the real estate market by launching an innovative platform, theprosperty.com. The platform makes a difference by offering an experience based on reliable data, rich content, transparency, efficiency and digitization. It develops modern technologies and datasets to make transactions easier, to secure trust between those involved in a property selling, to upgrade their experience and to finally boost the market as a whole. We are extremely happy and proud that important investors recognized the innovation and prospect in our project and showed us trust to implement it in Greece and abroad”, notes Prosperty CEO, Antonis Markopoulos.