Placy, a Limassol, Cyprus-based proptech startup that offers an AI-powered real estate assistant, has secured €1 million in pre-seed funding. 

Investors 

The round was led by Zubr Capital, a private equity firm specializing in investments in fast-growing companies within the TMT sector. Based in Limassol, Cyprus, Zubr Capital focuses on growth-stage companies through buyouts.  

Placy Use of Funds 

The company will use the funds to enhance Placy Pro, a white-label SaaS tool for B2B AI integrations, and to improve its features for better integration with WhatsApp and Telegram. 

About Placy 

Founded in 2023 by Mike Vasiliev and Sergey Osipov, Placy provides AI-powered real estate assistants that analyze property listings, state registers, and social media to deliver detailed information about properties. The company automates various real estate tasks, such as property valuations, research, and scheduling viewings, helping professionals streamline their work and make transactions more efficient. Placy is based in Limassol, Cyprus, and plans to expand to Greece, the UAE, and the UK. 

Funding Details 

Company: Placy Ltd. 

Raised: €1.0M 

Round: Pre-Seed 

Funding Date: August 2024 

Lead Investor: Zubr Capital 

Additional Investors:

Company Website: https://www.placy.ai/  

Software Category: Real Estate Assistant 

Source: Chttps://cyprus-mail.com/2024/09/03/cypriot-ai-startup-raises-e1-million-in-pre-seed-funding/