"Helsingborg-based proptech AI startup Proplab continues to build momentum. After opening up their platform for residential real estate this fall, the company has seen rapid growth, now with 100+ broker offices connected across Sweden, on top of their existing commercial property clients. Over the past months, Proplab has established a collaboration with a major brokerage chain and another one is now on the way in. Their traction is clear, revenues more than doubled from October to November this year."
"Real estate agents and property owners are losing deals due to inadequate visual content, even as buyers' first impressions are formed online. We see great traction and the feedback from our customers clearly shows that we are solving a real, everyday problem for the market. With this latest funding round, we look forward to accelerating our expansion,"
"This € 400.000 (SEK 4.5 million) is a follow-on investment that was backed by existing investors, including Jan Andersson, HETCH Ventures, HETCH Capital and existing angel investors."
Proplab expanded its proptech AI platform to residential real estate and connected over 100 broker offices across Sweden while maintaining commercial property clients. The company established a collaboration with a major brokerage chain and has another partnership pending, indicating strong market traction. Reported revenues more than doubled from October to November, reflecting rapid growth. The company notes that inadequate visual content causes lost deals as buyers form first impressions online. A €400,000 (SEK 4.5 million) follow-on investment from existing backers, including Jan Andersson, HETCH Ventures, HETCH Capital and angel investors, will support accelerated expansion.
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