TheHouseMonk, a B2B SaaS company focused on the rental real estate industry, announced that it raised $5 million in funding from Aurum PropTech Ltd as a combination of equity and debt.
TheHouseMonk plans to deploy these funds to fuel its expansion into Europe and US, as well as consolidate its position in Asia, which serves as its core market today.
The company also plans to hire aggressively into its tech team to build advanced AI/ML (artificial intelligence/machine learning) capabilities, and to strengthen its overall product portfolio.
Company: Monk Tech Labs Pte. Ltd.
Funding Month: December 2021
Lead Investors: Aurum PropTech Ltd
Company Website: https://thehousemonk.com/
Software Category: property management software platform
About the Company: TheHouseMonk is a complete property management software platform for your team & customers. TheHouseMonk helps real estate businesses market sell and manage their portfolio. The technology platform powers 100+ clients across 10+ countries and scaling rapidly. Headquartered in Singapore and with a development center in Bangalore (India), TheHouseMonk has been a leading player in the PropTech industry for over five years.