Casafari Secures $135M in Funding

Casafari

Casafari, a Lisbon, Portugal-based real estate data platform, raised $135m in funding.

This include:

  • a $120m mandate from private equity investors, such as Geneva based investment group Stoneweg, to be deployed in a buy-to-let strategy targeting the acquisition of fragmented units in residential and commercial real estate.
  • a $15m Series A equity funding led by Prudence Holdings, with participation from Armilar Venture Partners, Amavi Capital, HJM Holdings, 1Sharpe and FJ Labs, as well as existing investor Lakestar.

Founded by Mila Suharev, Nils Henning and Mitya Moskalchuk in 2018, Casafari is an independent real estate network connecting real estate professionals to property listings. Casafari has developed proprietary machine learning technology and extensive data operations to automatically index, clean, classify and match duplicates of millions of property listings from thousands of websites in different languages. With operations in Portugal, Spain, France, and Italy, the company has grown to serve 1,500 clients and 15,000 professionals supported by 90 employees of 24 nationalities.

Since launching in 2018, the company has won major clients from brands such as Sotheby’s International Realty, Coldwell Banker, RE/MAX franchises, Savills, Fine & Country, Engel & Voelkers, Keller Williams and important institutional investors and developers like Stoneweg, Kronos, Vanguard and Vic Properties.

FinSMEs

07/07/2021