Citics Scores $2.1M in New Funding Round
Deal News | May 19, 2025 | Aim Group
Vietnam-based proptech startup Citics has successfully raised $2.1 million in a recent funding round. The investment round saw participation from TVS, Ai Viet Ventures, and existing investor Vulpes Ventures. Citics, founded in 2018 by CEO Tran Minh Long, specializes in property valuation and transactions. This infusion of capital aims to strengthen Citics' technological capabilities and expand its operational reach within the emerging Vietnamese real estate market. This funding is a significant development for the company as it continues to innovate and enhance its offerings in the proptech industry.
Sectors
- PropTech
- Venture Capital
Geography
- Vietnam – The primary focus of Citics' operations and market is in Vietnam, making it the central geography for its business activities.
Industry
- PropTech – Citics operates in the PropTech industry, providing technology solutions for property valuation and transactions, essential components of the real estate market in Vietnam.
- Venture Capital – The participation of Ai Viet Ventures and Vulpes Ventures highlights the involvement of venture capital in funding innovative technology startups like Citics.
Financials
- $2.1 million – The total amount of money raised by Citics in the recent funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Citics | Target | Companies | A Vietnam-based proptech startup focusing on property valuation and transaction services. |
| TVS | Investor | Companies | One of the investors participating in the funding round for Citics. |
| Ai Viet Ventures | Investor | Companies | A venture capital firm that participated in Citics' funding round. |
| Vulpes Ventures | Existing Investor | Companies | An existing investor in Citics, participating again in the latest funding round. |
| Tran Minh Long | CEO | People | Founder and CEO of Citics, leading the company's strategic vision. |