Agora, a New York and Tel Aviv, Israel-based rapidly growing vertical SaaS company, which develops a real estate investment management platform and financial products that optimize back-office operations, announced that it raised $20 million in Series A funding.
The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from Aleph.
The funding round will be used to further enhance Agora's real-estate investment management platform, continue to expand the industry-specific financial products offered to customers, and capture a larger market share.
Company: Agora Real Estate Technologies Ltd.
Raised: $20.0M
Round: Series A
Funding Month: Aug 2022
Lead Investors: Insight Partners
Additional Investors: Aleph
Company Website: https://www.agorareal.com/
Software Category: Real estate Investment Management platform
About the Company: Founded in 2019, Agora is a fintech/SaaS company based in NYC and Tel Aviv, that develops an advanced real estate investment management platform. Agora helps real estate firms raise and preserve more capital by automating their back-office processes, increasing their investors' satisfaction, and providing them with advanced tools to optimize operational efficiency. Agora supplements its core software with financial products, including tax operations, payments, and compliance directly through the platform. Agora is trusted by some of today's leading real estate firms, including Livwrk, Gaia Capital, Open Path Investments, Electra, and AmTrust. The Agora leadership team has a vast history in technology, product development, and real estate. With a focus on North America, Agora has helped real estate firms across the globe. In total, these firms have over 14,000 investors, 23,000 investments, and $40 billion in assets under management.
Source: https://www.prnewswire.com/news-releases/agora-raises-20m-series-a-led-by-insight-partners-to-accelerate-the-growth-of-real-estate-firms-with-digital-transformation-301607419.html