UAE-based proptech startup Huspy, founded by Jad Antoun, is revolutionizing the home buying process with digital tools for finding homes and obtaining mortgages.
Huspy secured a $59 million Series B funding round led by Balderton Capital and Peak XV to expand operations in the Middle East and Europe, following earlier investments from various global investors.
The company experienced rapid growth in the UAE, capturing a significant share of the mortgage market and has expanded into Spain, utilizing a network-based model for real estate transactions.
With plans for further expansion into major cities across Europe and the Middle East, Huspy aims to capitalize on its success and established partnerships to continue its growth trajectory.