February 19, 2025

Startup Daily: Bailador leads $25 million Series A for real estate investment proptech

Via startupdaily.net

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ASX-listed VC Bailador Technology Investments has put its cash on the table to lead a $25 million raise for a investment property startup.

The fund (ASX:BTI) picked up half the tab, putting $12.5 million in to PropHero, supported by existing investors AfterWork, Jelix Ventures, Europe’s Samaipata and Fifth Wall, plus Opera Tech Ventures.

The Sydney- and Madrid-based proptech previously raised an $8 million Seed round in October 2022, led by real estate-focused Fifth Wall, just eight months after landing $1.6 million in pre-sSeed funding.

The startup’s valuation has reported doubled from $50 million in 2022 to $100 million with the Series A.

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