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Prosperty

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Retail & Consumer TechPropTech
2020
Year Founded
2021
Year Selected
Athens, Greece
Location(s)
101-250
Team Size

THE MISSION

Prosperty, a Scale Up Cohort 3 member, is reshaping the real estate experience with a digital-first platform that simplifies buying, selling, renting, and managing properties. Based in Athens, Greece, and also operating in Cyprus, Prosperty makes real estate transactions straightforward and transparent. With detailed property data, virtual tours, and drone imagery, users can explore properties in depth before committing.

For renters, Prosperty’s platform allows direct price negotiations with landlords, eliminating costly commission fees. Beyond rentals, Prosperty offers services like mortgages, auctions, and B2B real estate management tools, ensuring tailored solutions for every need. Prosperty inspects and verifies property data, so users can trust they’re making informed decisions.

Whether users are buying a home or managing rentals, Prosperty’s technology streamlines the process, with real-time updates through customer panels. Since launching during the COVID-19 pandemic, Prosperty has facilitated over 100,000 property searches from users across 120 countries, cementing its place as a market disruptor in real estate.

The company has raised $5.1 million, with Greek Big Pi Ventures, Metavallon VC and Velocity Partners as its main investors. Prosperity is one of the few Greek startups to have three Greek VCs & EquiFund invested.

Prosperty in Three:

What problem is Prosperty solving? Prosperty solves the complexity of traditional real estate market by providing a user-friendly platform that simplifies and streamlines the buying, selling, and renting processes.

What’s innovative about Prosperty? Prosperty is innovative in its digital-first approach, offering end-to-end digital services that enhance transparency and efficiency in real estate transactions.

Who can use Prosperty? Prosperty can be used by homebuyers, renters, real estate agents, property owners, and investors seeking a straightforward and transparent real estate experience.

OUR TAKE

Prosperty's unique selling points, including its user-friendly digital platform, pricing transparency, and streamlined transaction process, make it an attractive investment opportunity. Additionally, the company's resilience and success in launching during a challenging time for the real estate industry demonstrates strong leadership and adaptability. Furthermore, Prosperty's mission to disrupt the traditional real estate market by simplifying and streamlining the buying and renting process aligns well with the Endeavor mission of supporting high-impact entrepreneurs who are transforming industries and driving economic growth. We are excited about Prosperty's potential to create positive change in the real estate industry and their commitment to innovation and customer-centricity.

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Prosperty: The digital revolution in the real estate market

Jan 10, 2023
Podcast