Propally Secures 1.1 Billion Yen in Seed Funding
Propally Inc., headquartered in Minato, Tokyo, has successfully raised a total of 1.1 billion yen in seed funding, with Skyland Ventures leading the investment round. Other contributors include IYUMIRAI Fund, East Ventures, EedA Corporation, and several individual investors. This strategic financial boost aims to accelerate Propally's growth trajectory and enhance its offerings in the real estate investment sector.
Purpose of the Fundraising
The capital raised will primarily be allocated to three key areas:
1.
Strengthening Product Development: Enhancing the app's features and user experience to ensure that both novice and seasoned investors can navigate the real estate market with confidence.
2.
Organizational Strengthening: Building a robust team to support the growing needs of the business and to drive operational excellence.
3.
Expanding Marketing Activities: Increasing brand presence and outreach to attract more users to the platform.
About Propally
Propally envisions a future where the complexities and uncertainties of real estate investment are minimized, making it accessible for everyone. The app distinguishes itself by maintaining a neutral, non-affiliated position, thereby offering transparency and impartial guidance to its users.
The platform consists of two main components: the investor-facing app,
Propally and the support platform for real estate agents,
Propally for Agent.
Propally App
The Propally app allows users to manage every aspect of real estate investment directly from their smartphones. From property selection to purchase, income management, and eventual sale, users have one convenient solution for all their investment needs. The app also facilitates income simulations and optimally matches users with suitable professionals, providing a seamless experience.
Propally for Agent
On the flip side, the
Propally for Agent platform helps real estate agencies efficiently connect with high-quality investors. This synergy not only aids in generating leads for agencies but also ensures that investors access vetted properties that suit their investment criteria.
Investor's Perspective
Keihiko Kinoshita, the Managing Partner at Skyland Ventures, expressed enthusiasm about the investment, stating: "Propally democratizes real estate investment. It effectively matches knowledgeable investors with individuals looking to acquire properties. I firmly believe that Propally’s leadership, with CEO Ikori Saito at the forefront, possesses the multifaceted skills necessary to propel the industry into a new, more approachable era of real estate investing. We’ll continue to support their journey going forward."
CEO Profile
Ikori Saito, the CEO, graduated from Shibaura Institute of Technology and joined Open House Group as a fresh graduate. After five years in the real estate industry, he took the initiative to establish Propally. Saito has a remarkable track record, having become the youngest Manager in the history of Open House Group and achieving top sales in the region during his tenure. You can follow him on X (formerly Twitter)
here.
App Details
- - App Name: Propally
- - Available On: iOS / Android
- - Usage Fee: Free
- - Official Website: Propally
Company Information
Propally Inc.
- - Headquarters: 5-9-1 Toranomon, Minato, Tokyo.
- - CEO: Ikori Saito
- - Business Focus: Development and operation of a real estate investment app for users and a customer acquisition platform for sales companies.
- - Website: Propally
Media Contact
For more inquiries, please contact:
- - Public Relations: Propally Inc.
- - Email: info@propally.co.jp