Wednesday, June 12, 2024
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Real estate investment management start-up Agora lands $34m Series B

Funding Details:

  • Amount Raised: $34 million.
  • Series: B.
  • Lead Investor: Qumra Capital (Tel Aviv).
  • Additional Investors: Insight Partners and Aleph (UK-based).

Company Overview:

  • Founded: 2019.
  • Headquarters: USA and Israel.
  • Product: SaaS platform for real estate investment management.

Platform Features:

  • Automation of Back-Office Processes.
  • Investor Portal.
  • Client Relationship Management (CRM).
  • Fundraising Tools.
  • Document Centre.
  • Automated Clearing House (ACH) Payment Services.
  • Other Operational Tools.

Use of Funds:

  • Expansion Efforts.
  • Research and Development:
    • Focus on payments.
    • Tax services.
    • IRA investments.
    • Liquidity solutions.
    • Other operational and financial services.

Impact and Reach:

  • Served Over: 70,000 real estate investors.
  • Assets Under Management (AUM): $150 billion.
  • Current Markets: North America, Europe, Israel.
  • Planned Market Expansion: Central and South America, Australia.

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