Dubai-based property technology company Huspy has announced a funding round led by Balderton Capital, with participation from existing investor Fifth Wall among others.
Without sharing further details, the startup said that this latest round was at a ‘considerably higher’ valuation than its 2022 Series A, which raised $37 million.
Launched in 2020 by Jad Antoun and Khalid Ashmawy, Huspy started as an online mortgage platform. Today, it offers end-to-end home buying and selling services in the UAE and Spain. This new strategic investment marks a pivotal moment in its journey to build a super app for real estate across MENA and Europe. Balderton Capital leading this funding round further validates Huspy’s position in Europe