Houm, a Chilean proptech startup, raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital.
Fifth Wall also participated in the financing, along with existing backers OneVC, Elad Gil, Liu Jang, and new investors Fen Ventures, Broadhaven, and Rahul Mehta, managing partner at DST Global. With the latest round, Houm has raised a total of $45 million since its inception.
Santiago-based Houm plans to use the new capital mostly to expand to 15 new cities across Mexico, Colombia, and Chile — the three countries in which it currently operates as well as to triple its current headcount of 350.
Company: Houm Group Inc
Raised: $35.0M
Round: Series A
Funding Month: November 2021
Lead Investors: Goodwater Capital
Additional Investors: Fifth Wall, OneVC, Elad Gil, Liu Jang, Fen Ventures, Broadhaven, and Rahul Mehta
Company Website: https://www.houm.com/
Software Category: Rentals, sales, and property management
About the Company: Houm offers an online service that helps homeowners rent and sell properties, Houm is a start-up that is reinventing the way of leasing properties in Latam by leveraging technology, data, and design to transform a currently painful and bureaucratic process into a pleasant, quick and simple experience, both for the landlord and the tenant. The startup also developed an AI algorithm called ReV, which allows clients and owners to instantly know the optimal rental or sale price of any property based on other similar properties in the area they are considering.
Source: https://techcrunch.com/2021/11/11/chilean-proptech-startup-houm-raises-35m-series-a-to-expand-across-latam/