Jad Antoun (left), co-founder, and Ziad Nassar, deputy general manager of Huspy. (Credit: Huspy)
Huspy, the company co-founded by Lebanese Jad Antoun and specialized in digital real estate, announced Monday a $59 million Series B funding round. The goal: to strengthen its presence in the Middle East and accelerate its European expansion, especially in Spain, where it is already active in Valencia, Madrid, Malaga and Alicante. The round was led by the British fund Balderton Capital, which had already invested in the first round. Other funds also renewed their support, such as Peak XV, Dara Management and KE partners.Founded in 2020 in Dubai by Antoun and Khaled Ashmawy, Huspy has become one of the leading Emirati property tech companies, combining digital technology with classic real estate practices to make it easier to buy and sell properties. The company digitizes the entire journey of a buyer, from property search to obtaining a...
Huspy, the company co-founded by Lebanese Jad Antoun and specialized in digital real estate, announced Monday a $59 million Series B funding round. The goal: to strengthen its presence in the Middle East and accelerate its European expansion, especially in Spain, where it is already active in Valencia, Madrid, Malaga and Alicante. The round was led by the British fund Balderton Capital, which had already invested in the first round. Other funds also renewed their support, such as Peak XV, Dara Management and KE partners.Founded in 2020 in Dubai by Antoun and Khaled Ashmawy, Huspy has become one of the leading Emirati property tech companies, combining digital technology with classic real estate practices to make it easier to buy and sell properties. The company digitizes the entire journey of a buyer, from property search to obtaining...
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