Praefy Secures €120,000 in Initial Funding for Proptech Solutions

Praefy, a proptech startup specializing in software solutions for real estate agencies, has successfully closed an initial funding round, securing €120,000. This funding, supported by private capital and ENISA, positions the Spanish company for further national growth and market consolidation.

The company attributes its success to its participation in the Lanzadera acceleration program in September 2022, a pivotal factor in shaping Praefy’s trajectory.

Praefy’s comprehensive cloud software simplifies property synchronization across various real estate portals, streamlines client relationship management, organizes daily tasks, and provides clients with personalized, real-time synchronized websites to showcase their real estate portfolios.

With 250 current users and clients, the platform aims to expand its user base to 1,500 in the short term, following its launch in September of the previous year.

Javier Pérez, CEO and co-founder of Praefy, expressed satisfaction with the company’s rapid growth and positive client reception. He emphasized the significance of the recent funding round, stating, ‘This round comes at a key moment, making us stronger to achieve our objectives: scalability and product improvement.’ Pérez also highlighted the investment’s role in reaching new milestones in revolutionizing the real estate industry.

Looking ahead, Praefy’s management team plans additional financing rounds to expand the team and further advance its mission of transforming the real estate sector through technology.

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