Properati, a Buenos Aires, Argentina-based online and mobile real estate marketplace in Latin America, raised an undisclosed amount of seed funding.
Backers included new investor GroupArgent and other institutional and angel investors.
The company plans to use the funds to continue its pan-regional expansion, particularly in the Brazilian market where it will hire local people to grow its realtor and user bases.
Led by Gabriel Gruber, Founder and CEO, Properati provides consumers seeking homes, apartments and condominiums with enhanced search capabilities complete with price, property and neighborhood data and information.
The company currently serves the markets of Brazil, Mexico, Argentina, Colombia and Chile.