Huspy Secures $59M Series B for Europe and Middle East Expansion
Deal News | Jul 08, 2025 | PR Newswire Cision Huspy
Huspy, a proptech company, has announced the closing of a $59 million Series B funding round led by Balderton Capital, with participation from Peak XV and several other investors. This investment aims to support Huspy's expansion in Europe and the Middle East. Huspy facilitates over $7 billion in real estate transactions annually and plans to extend its operations to over 10 cities by the end of 2025. The company is operational in cities across Spain and will soon enter the Saudi Arabian market. This funding will enable Huspy to invest in technology, strategic hiring, and establish tech hubs in UAE and Spain. The firm has shown remarkable growth, especially in its mortgage unit in the UAE, commanding a large market share. Huspy's mission is to empower real estate agents and mortgage brokers with technology and infrastructure, facilitating seamless home buying experiences.
Sectors
- Proptech
- Venture Capital
Geography
- United Arab Emirates – Huspy has operations in the UAE, particularly strong in the real estate market in Dubai.
- Spain – Huspy is actively expanding its operations across Spanish cities as part of its European growth strategy.
- Europe – Huspy is focused on expanding throughout major European cities.
- Middle East – Huspy aims to establish a significant presence in Middle Eastern cities, including a planned launch in Saudi Arabia.
Industry
- Proptech – Huspy operates in the property technology (proptech) sector, leveraging technology to improve real estate transactions.
- Venture Capital – The article discusses a Series B funding round led by venture capital firms, indicating a significant interaction with the venture capital industry.
Financials
- $59 million – Total funds raised by Huspy in the Series B funding round.
- $7 billion – Annual value of real estate transactions facilitated by Huspy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Huspy | Target Company | Company | A proptech company focused on transforming the home buying experience across the Middle East and Europe. |
| Balderton Capital | Bidding Company/Investor | Company | A leading venture capital firm in Europe, leading the Series B investment round for Huspy. |
| Peak XV | Bidding Company/Investor | Company | Formerly Sequoia Capital India and Southeast Asia, a returning investor in Huspy. |
| ExBorder Partners | Investor | Company | An investor participant in the recent funding round. |
| Turmeric Capital | Investor | Company | A firm involved in the investment round for Huspy. |
| BY Ventures | Investor | Company | Another investor backing Huspy in the Series B funding. |
| Dara Management | Investor | Company | Investing entity in the funding round. |
| COTU Ventures | Investor | Company | A participant in the funding round for Huspy. |
| KE Partners | Investor | Company | Part of the investment consortium for Huspy's funding round. |
| Jad Antoun | Co-Founder & CEO | Person | Co-Founder and CEO of Huspy, overseeing the company's strategic direction and expansion efforts. |
| Ziad Nassar | Deputy CEO | Person | Deputy CEO of Huspy, supporting the company's leadership in expansion and technological development. |
| Rana Yared | General Partner | Person | General Partner at Balderton Capital, involved in leading the investment in Huspy. |