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UAE proptech Huspy raises $59M to scale in Europe
Huspy closes $59 million Series B to double down on operations across the Middle East and Europe, backed by Balderton Capital and Peak XV.
Huspy just closed a $59 million Series B to double down on operations across the Middle East and expand its European presence, led by existing investor Balderton Capital and Peak XV. Huspy has “built a repeatable and efficient playbook for city launches, and their pace of innovation — especially around AI tools for brokers and agents — continues to raise the bar for the entire industry,” said Rana Yared, general partner at Balderton Capital. Antoun, previously on the investment team at Dubai-based early-stage VC Beco Capital, and deputy CEO Ziad Nassar, who leads Huspy’s European expansion, believe the company has found a repeatable model that will be hard to replicate: enter mid-sized cities with high transaction volume and low agent efficiency, build supply through marketplace partnerships, onboard top-performing agents onto the platform, and layer in mortgage distribution.
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