Colombian proptech startup, Habi, secures $5.5M in pre-seed round

Colombian proptech startup, Habi, secures impressive %5.5 million in a pre-seed investment in just six months since its launch.

Leading this round was Tiger Global Management accompanied by Homebrew and Zigg. Supernode Ventures, Reshape Holdings and FJ Labs also played a part.

Now, what made this startup such a hit so early in the game? Perhaps the answer lies in Habi’s combination of real estate insight and tech to simplify the process of buying and selling a home in Latin America. But hey, don’t take my word for it.

“The early support from these high-caliber institutional investors demonstrates the strength of our business and confidence in our team of seasoned technology and real estate professionals."

— Sebastián Noguera, President of Habi

Providing quick sources of liquidity, Habi has its eyes set on middle-class homeowners and hunters. Reportedly, this startup can reduce the sales time of property from 14 months to around two weeks. All the while, it reduces the need for intermediaries. Since Habi purchases the properties, it also lowers the risk sellers face in such transactions.

Chugging along, the startup shall spend these funds to launch into three middle-class neighborhoods in Bogotá and eventually into other Latin American markets.

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