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How Ivo Draginov bootstrapped his business and took it to an 8 figure exit

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Global
PropTechBuzz
8/4/2025

The Global PropTech Founders Forge hosted its highly anticipated 3rd edition—a selective, invitation-only virtual roundtable designed exclusively for top PropTech founders worldwide. Limited to just 15 participants, the event on July 31, 2025 offered an intimate setting for candid, high-impact conversations about the real challenges and strategic milestones behind building AI-powered real estate technology companies.

 

The spotlight was on Ivo Draginov, co-founder of BatchService, who brought invaluable firsthand insights from his remarkable journey of bootstrapping and scaling two successful PropTech startups—BatchLeads and BatchDialer—both of which achieved multi-million dollar ARR figures and were strategically acquired by Stewart Title-owned PropStream in 2024. 

 

This forum enabled Draginov to share practical leadership lessons on product innovation, growth strategies, customer retention, and navigating complex acquisitions, fueling peer learning within the PropTech community eager to redefine the future of real estate technology.

 

BatchService: The Engine Behind Modern Real Estate Intelligence

BatchService, Draginov’s flagship bootstrapped proptech venture, is designed to give real estate investors, agents, and wholesalers a competitive advantage by arming them with robust, actionable data tools. Three standout products have defined BatchService’s impact on the sector:

  • BatchLeads: An advanced platform enabling professionals to uncover and target motivated sellers through powerful data analytics, list stacking, skip tracing, and end-to-end lead management.

  • BatchDialer: A high-efficiency cold-calling tool helping teams scale their outreach and build relationships with property owners at speed.

  • BatchData: The powerhouse infrastructure behind both products—housing intelligence on 150 million-plus U.S. properties (ownership, equity, sale history, and more). As the “Plaid or Snowflake for real estate data,” BatchData enables seamless property intelligence integration via developer-friendly APIs.

Building, Scaling, and Exiting: The Dual Success Story

In 2024, Ivo led a strategic exit that saw BatchLeads and BatchDialer acquired by PropStream, a platform under the Stewart Title umbrella—one of the nation’s largest real estate service firms. This high-impact move integrated BatchService’s game-changing software into a broader real estate powerhouse, amplifying reach and market influence.

After the acquisition, Draginov sharpened his focus on BatchData, retaining its independence and transforming it into a dedicated B2B data platform serving enterprise clients, proptech disruptors, and institutional investors. Today, BatchData stands at the forefront of real estate data innovation—powering scalable analytics, smarter tools, and next-generation property intelligence applications.

Unfiltered Insights: Global PropTech Founders Forge

The significance of Draginov’s journey was spotlighted in the 3rd edition of the Global PropTech Founders Forge (July 31, 2025), an exclusive virtual event gathering just 15 of the world’s leading PropTech founders. In a candid, founder-to-founder format, Draginov detailed his startup evolution, the practical realities of scaling AI-driven platforms, and his playbook for navigating complex acquisitions.

Key themes that resonated from the discussion included:

  • The art of bootstrapping multi-million dollar ARR businesses without outside funding.

  • Operational challenges—balancing B2B and B2C models, managing churn, and deploying influencer-driven growth strategies.

  • The critical role of product rigor, high-quality data infrastructure, and developer-friendly APIs in building durable technology platforms.

  • The human side of exits: strategic negotiations, lessons in valuation, and the importance of creating founder optionality for the next wave of innovation.

The event sustained peer learning beyond the session, with recordings, curated takeaways, and a lively founder community supporting real estate technology’s rapid evolution.

Leading the Charge: Vision for the Future

As Head of Product at BatchData, Draginov remains laser-focused on anticipating industry needs through continuous innovation—making real estate data more usable, accurate, and actionable, and embracing the limitless possibilities of AI and predictive analytics. His mission is straightforward: equip proptech builders with the infrastructure to deliver smarter, faster, and more impactful solutions for the next decade of real estate transformation.

Lessons for the PropTech Community

Ivo Draginov’s story is a blueprint for today’s and tomorrow’s proptech leaders—emphasizing persistence, a deep commitment to customer needs, and a bold approach to building foundational technology. He proves that with vision, technical mastery, and resourcefulness, entrepreneurs can redefine industry standards, create exceptional value, and exit on their own terms.

For the PropTech innovation community, this leadership approach—rooted in transparency and operational excellence—is more than a case study. It’s a call to action for all founders committed to shaping the future of real estate.

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