Placy, a real estate technology startup based in Limassol, Cyprus, has raised €1 million in pre-seed funding. The funding round was led by Zubr Capital, a private equity firm.
The newly acquired funds will be allocated to the development of Placy Pro, a white-label SaaS solution designed for B2B integrations, specifically aimed at real estate agencies and agents. The company also plans to enhance the core functionalities of its platform, including integration with messaging platforms such as WhatsApp and Telegram, to better connect landlords, sellers, and buyers.
Placy is also investing in research and development for its B2C product, Placy Assistant, which is intended to facilitate more efficient communication between property seekers and sellers. This tool aims to simplify the process of property transactions by automating tasks such as property valuation, research, scheduling viewings, and drafting agreements.
Founded ten months ago and led by CEO Mike Vasiliev, Placy leverages AI technology to streamline various real estate operations. The platform reduces manual workloads by automating key tasks, such as generating new client agreements, coordinating property viewings, and conducting comparative analysis of properties within the same area.
Currently, Placy is launching its services in Cyprus, with plans for future expansion into Greece, the UAE, and the UK.
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By Proptechbuzz
By Ravi Kumar
