Proptech Labs

Australia Founded: 2022 • Age: 4 yrs Acquired By MRI Software
Provides digital tools for property management, inspections, and financial processes.
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About Proptech Labs

Proptech Labs is a company based in Australia founded in 2022 was acquired by MRI Software in October 2025. It operates as a SaaS, and B2B. Proptech Labs has completed 1 acquisition, including reHeroes. Proptech Labs offers products and services including Bricks+Agent, Inspection Manager, Invoice Automate, Key Automate, and reHeroes. Proptech Labs operates in a competitive market with competitors including RealPage, AppFolio, Entrata, Buildium and Johnson Controls, among others.

  • Headquarter Australia
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    MRI Software

    (Oct 07, 2025)

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Products & Services of Proptech Labs

Proptech Labs offers a comprehensive portfolio of products and services, including Bricks+Agent, Inspection Manager, Invoice Automate, Key Automate, and reHeroes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Simplifies workflows for property maintenance and management.

Enhances precision and ease in property inspections.

Streamlines invoicing and financial management for properties.

Redefines key handling for secure property environments.

Uses AI for natural language support in property tasks.

People of Proptech Labs
Headcount 50-200
Employee Profiles 18
Employee Profiles
People
Chinthaka Dissanayake
Chief Technology Officer
People
Jon Stul
Co-Founder
People
Keegan McDermott
Head Of Customer Experience
People
Kulunu Chamath
Software Quality Assurance Engineer

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Funding Insights of Proptech Labs

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Proptech Labs

Proptech Labs has secured backing from 1 investor. Prominent investors backing the company include MRI Software. 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.

All
Investor Description Founded Year Domain Location
Property management software is provided for residential and commercial properties.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Proptech Labs

Proptech Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include reHeroes. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI and SaaS-driven virtual assistants are provided for property managers.
2021
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Proptech Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Proptech Labs Comparisons

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Competitors of Proptech Labs

Proptech Labs 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 RealPage, AppFolio, Entrata, Buildium and Johnson Controls, 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
AI-enabled property management software is provided for residential properties.
domain founded_year HQ Location
SaaS-driven property management software for owners and residential property managers
domain founded_year HQ Location
SaaS-driven property management software is provided for owners and managers.
domain founded_year HQ Location
Cloud-based software for property and association management is offered.
domain founded_year HQ Location
Automotive batteries and HVAC equipment are manufactured and supplied globally.
domain founded_year HQ Location
Provider of a SaaS-driven tech-first rental agency
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Proptech Labs

Frequently Asked Questions about Proptech Labs

When was Proptech Labs founded?

Proptech Labs was founded in 2022.

Where is Proptech Labs located?

Proptech Labs is headquartered in Australia.

What does Proptech Labs do?

Proptech Labs develops software solutions that streamline property management tasks such as maintenance, inspections, and invoicing. Based in Melbourne, Australia, they use cloud-based technology to enhance efficiency for property managers, tenants, and trades. Their tools improve communication and decision-making, serving clients in real estate and housing sectors.

Who are the top competitors of Proptech Labs?

Proptech Labs's top competitors include RealPage, Entrata and AppFolio.

What products or services does Proptech Labs offer?

Proptech Labs offers Bricks+Agent, Inspection Manager, Invoice Automate, Key Automate, and reHeroes.

How many acquisitions has Proptech Labs made?

Proptech Labs has made 1 acquisition, including reHeroes.

Who are Proptech Labs's investors?

Proptech Labs has 1 investor. Key investors include MRI Software.

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