PropHero Raises $16.8M in Series A Funding Led by Balidor
Deal News | Feb 19, 2025 | Aim Group
PropHero, a proptech company with operations in Australia and Spain, has successfully completed a Series A funding round, securing $16.8 million in capital. The funding round was led by Balidor, and also saw participation from prominent investors including Fifth Wall, Samaipata, and the venture capital arm of BNP Paribas, Opera Tech Ventures. This investment is expected to propel PropHero's growth and expansion in the rapidly growing real estate technology sector, further enhancing its platform for transforming the way people invest in property.
Sectors
- Proptech
- Venture Capital
Geography
- Australia – PropHero is based in Australia, marking the country's involvement in the proptech sphere.
- Spain – Spain is mentioned as one of the operational bases for PropHero, underscoring its geographical importance.
Industry
- Proptech – The article is rooted in the property technology industry, focusing on a company's efforts to enhance and innovate in property investment.
- Venture Capital – The article discusses a Series A funding round, involving multiple venture capital firms, highlighting its relevance to this industry.
Financials
- $16.8M – The total amount raised in PropHero's Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PropHero | Target Company | Company | A proptech company focusing on innovating property investment. |
| Balidor | Leading Investor | Company | The lead investor in PropHero's Series A funding round. |
| Fifth Wall | Investor | Company | A participant in the Series A funding round for PropHero. |
| Samaipata | Investor | Company | A participant in the Series A funding round for PropHero. |
| Opera Tech Ventures | Investor | Company | The venture capital arm of BNP Paribas, participating in PropHero's Series A round. |
| BNP Paribas | Parent Company of Opera Tech Ventures | Company | An international banking group, parent to Opera Tech Ventures. |