Proptech Mogul SG Raises $6.6m in Series A Funding—Looks Towards the Transaction

Mogul, an AI-driven property portal, has raised $6.6m in Series A funding to expand its platform in its native Singapore.

Mogul says it will use the funds to add additional features to its 3D map—including indoor mapping and navigation—and build out its data to deliver more accurate property valuations.

The company aims to eventually conduct property transactions directly on its platform.

Mogul helps users find properties through a custom keyword search algorithm that uses geospatial data, with over 5,000 searchable custom keywords that users can use to find locations based on specific characteristics and amenities. Users can also use a map drawing tool to refine their search further.

Residential developers in Singapore including Guocoland, Victory Land, and Amara Holdings have all signed off on rendering their upcoming projects on Mogul’s 3D map, which was launched earlier this year to provide users with a more immersive home-buying experience.

Mogul, founded by Gerald Sim in 2018, raised the cash from a funding round led by Nech Capital.