About Propseller
Propseller is a company based in Singapore (Singapore) founded in 2018.. Propseller has raised $13.98 million across 3 funding rounds from investors including Partech Partners, Vertex Ventures SG and ICCP SBI Venture Partners. Propseller operates in a competitive market with competitors including Redfin, QuintoAndar, Square Yards, Compass and PropTiger, among others.
- Headquarter Singapore, Singapore
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Propseller Pte. Ltd.
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Annual Revenue
$4.42 M (USD)539as on Mar 31, 2022
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Net Profit
$127.31 K (USD)134as on Mar 31, 2022
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EBITDA
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Total Equity Funding
$13.98 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series A
Aug 30, 2022
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Investors
Partech Partners
& 20 more
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Employee Count
Employee Count
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Funding Insights of Propseller
Propseller has successfully raised a total of $13.98M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $12.0M
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First Round
First Round
(06 Dec 2018)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Propseller | Valuation | Vertex Ventures | |
| Oct, 2020 | Amount | Seed - Propseller | Valuation | Iterative , Hustle Fund | |
| Dec, 2018 | Amount | Angel Round - Propseller | Valuation | Yang Bin Kwok , Erwan Mace |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Propseller
Propseller has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Partech Partners, Vertex Ventures SG and ICCP SBI Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital is provided to global tech startups and scale-ups.
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Founded Year | Domain | Location | |
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Tech companies are funded by corporate-backed venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Propseller
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propseller
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propseller Comparisons
Competitors of Propseller
Propseller operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Redfin, QuintoAndar, Square Yards, Compass and PropTiger, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Residential properties are listed and brokered through an online platform.
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| domain | founded_year | HQ Location |
Rental properties are brokered online for seekers and owners.
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| domain | founded_year | HQ Location |
Technology platform for real estate transactions and mortgages is provided.
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| domain | founded_year | HQ Location |
Online brokerage for residential properties is facilitated via mobile apps.
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| domain | founded_year | HQ Location |
A platform for residential property buying is facilitated by PropTiger.
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| domain | founded_year | HQ Location |
App-based brokerage services for residential property sales are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Propseller
Frequently Asked Questions about Propseller
When was Propseller founded?
Propseller was founded in 2018.
Where is Propseller located?
Propseller is headquartered in Singapore, Singapore.
Is Propseller a funded company?
Propseller is a funded company, having raised a total of $13.98M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $729.84K, raised on Dec 06, 2018.
What is the annual revenue of Propseller?
Annual revenue of Propseller is $4.42M as on Mar 31, 2022.
What does Propseller do?
Propseller was founded in 2018 in Singapore within the real estate sector. An online platform is operated to connect users with residential properties. Discovery, comparison, and hiring of real estate agents are enabled for buyers and sellers. Services including property marketing, professional photography, copywriting, valuation, pricing reports, floorplans, and brochures are provided to support transactions. Operations focus on streamlining brokerage tasks in the local market.
Who are the top competitors of Propseller?
Propseller's top competitors include Square Yards, QuintoAndar and Redfin.
Who are Propseller's investors?
Propseller has 21 investors. Key investors include Partech Partners, Vertex Ventures SG, ICCP SBI Venture Partners, Vulpes Ventures, and Redbadge Pacific.