Technology

After raising US $ 200 million, Colombian prop tech Habi gained unicorn status.

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HabiIntroduced in 2019 to digitize the process of buying and selling homes in Colombia, this week became Colombia’s second unicorn. Lucky Pierrot was the first to win that position in 2018.

The company was founded by Sebastian Nogera of Colombia and Brin McNulty of the United States. According to a video Habi highlighted on his website, Noguera previously co-founded the online supermarket Merceo, and McNulty worked in US real estate and came to Latin America after marrying a Colombian.

The startup model is double-sided. For those who want to sell their property, Habi will buy the property quickly within 10 days. And for those who are considering buying, Habi will provide real estate to help you get a mortgage.

The company operated in more than 15 cities in Colombia and Mexico last January. They bought the real estate sites Properties.com and Your Canton.

Habi co-sponsors Brin McNulty and Sebastian Nogera. (Photo: Habi)

According to a press release, the investment round (a standard considered a unicorn) with a Habi valuation of over $ 1 billion was a $ 200 million round led by Homebrew and SoftBank LatinAmerican. Banco Mercantil del Norte SA, Institución de Banca Múltiple, Grupo Financiero Banorte, Tiger Global Management, Inspired Capital, Clocktower Technology Ventures, Endeavor Catalyst and Henry Kravis also participated.

by The Wall Street JournalHabi is part of a hot trend in venture capital investment: betting on real estate startups. They said this sector was one of the most popular sectors in the United States last year.

You may also be interested: A complete list of Latin American unicorns [2022]



https://contxto.com/en/colombia/after-raising-us200-million-habi-a-colombian-proptech-achieves-unicorn-status/ After raising US $ 200 million, Colombian prop tech Habi gained unicorn status.

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