FoundIt Raises AUD2 Million in Pre-Seed Funding
Deal News | Jun 30, 2025 | Aim Group
Australia-based proptech startup FoundIt has successfully raised AUD2 million (approximately $1.3 million U.S.) in a pre-seed funding round. The investment came from individual investors, highlighting the growing interest and confidence in PropTech innovations. FoundIt is poised to serve buyer agents by launching its minimum viable product (MVP) by the end of August. This funding will enable the company to further develop its technology and expand its services within the vibrant Australian real estate market. As the company gears up to launch its MVP, it aims to streamline the real estate process, providing robust tools and solutions for buyer agents.
Sectors
- PropTech
- Real Estate
Geography
- Australia – FoundIt is an Australian-based company, and its initial market focus is within Australia.
Industry
- PropTech – The article discusses a startup within the property technology sector, focusing on innovative solutions in real estate.
- Real Estate – The company is developing software solutions for buyer agents in the real estate market.
Financials
- AUD2 million – The total amount raised by FoundIt in its pre-seed funding round.
- $1.3 million U.S. – The equivalent value of the AUD2 million funding in U.S. dollars.
Participants
Name | Role | Type | Description |
---|---|---|---|
FoundIt | Target Company | Company | A proptech startup based in Australia, focusing on developing tools for buyer agents. |
Individual Investors | Investors | People | Private individuals who have invested capital in the pre-seed funding round of FoundIt. |