Estie Boosts Series B Funding to Over JPY3 Billion
Deal News | Jan 23, 2025 | Aim Group
Japan-based proptech firm Estie has successfully increased its Series B funding to over JPY3 billion. This milestone follows a previous investment of JPY2.8 billion secured three months ago. Mitsubishi Estate Co., Ltd. played a pivotal role as the underwriter in this recent investment round. Estie's mission is to innovate the real estate industry through digitization, and with this influx of capital, the company aims to enhance its offerings and expand its market presence. This financial backing underscores the growing interest and commitment from investors in the digital transformation of the real estate sector.
Sectors
- PropTech
- Real Estate
Geography
- Japan – Estie is based in Japan, and the investment activities discussed in the article are taking place in this country.
Industry
- PropTech – The article discusses Estie, a company involved in the PropTech industry, which focuses on technological innovations in real estate.
- Real Estate – Estie's efforts to digitize the real estate sector are central to the article, highlighting its focus on transforming this traditional industry.
Financials
- JPY3 billion – Total Series B funding raised by Estie after the recent investment round.
- JPY2.8 billion – Previous funding secured by Estie three months ago before the latest investment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Estie | Target Company | Company | Estie is a Japan-based proptech company aiming to digitize the real estate sector. |
| Mitsubishi Estate Co., Ltd. | Investor | Company | Mitsubishi Estate Co., Ltd. participated as the underwriter in Estie's recent funding round. |