This news comes on the heels of its Series C round. It plans to use the funds to expand its offerings, with a focus on embedded financial services. Here are the top-line bullets you need to know.
Habi, a Latin American proptech, has raised $200M in a Series C. The round drew participation from Homebrew, SoftBank Latin America Fund, and Tiger Global Management, among others.
HOW’S THE COMPANY PERFORMING?
- Colombia-based Habi helps middle-income customers buy and sell their homes.
- Habi witnessed 20x revenue growth in 2021.
- The company operates in over 15 cities across Colombia and Mexico.
- Habi announced the strategic acquisitions of online marketplaces Propiedades.com and iBuyer Tu Canton in January 2022 in an effort to expand its presence across Mexico.
Source: Habi
WHY DOES THE MARKET MATTER?
- The global real estate software market is expected to reach a value of $18.7B by 2028, growing at a CAGR of 9.7%, according to Grand View Research.
- Individuals and organizations are turning to real estate software in order to support data management and security amid increasing digitization.
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