Housfy, based in Barcelona, raised an additional 10 million euros funding for the further development of its products. The platform provides assistance in selling, buying or renting a house, as well as in obtaining a mortgage.
Housfy’s new funding comes through Seaya Ventures, Torch Capital, DN Capital, Cathay Capital and Aldea Ventures and CDTI, while so far the company has raised 23 million euros in five investment rounds.
These new funds are expected to expand the company’s growth, focusing on strengthening its presence in the Portuguese market, beyond Spain.
The company was founded in 2017 and has since helped its clients sell more than 5,000 properties and has facilitated 3,000 mortgages.
Acting primarily as a link between buyers and sellers, Housfy’s technology significantly reduces brokers’ commissions and improves the overall sales process, as well as the user experience through direct connections.
In addition to the process of finding a home, Housfy is gradually adding additional features to its product line, such as home renovation, moving and warehousing, insurance products, and utility bill management.
The CEO of the company, Albert Bosch commented that their purpose is to offer an easy digital solution that provides real estate-related services to all kinds of users to make their lives more direct and more practical.