Wednesday, June 12, 2024
18.5 C
New York

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.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

U.S. Bank taps Greenlight for family-focused money management tools

U.S. Bank Partners with Greenlight to Enhance Financial Literacy...

Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000

Summary of Finseta's Sale of Capital Currencies:Transaction Overview:...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:...

Beobank selects Viva to power new corporate payment solutions for SMEs in Belgium

Beobank and Viva Partnership - Key Points:Partnership Objective:...

Siri and Google Assistant look to generative AI for a new lease on life

There’s a lot riding on next week’s WWDC 2024...

Centenary Bank embarks on tech overhaul with Oracle Flexcube core banking system

Centenary Bank Technology Transformation - Key Points:Bank Overview:...

Related Articles

Popular Categories