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Estie raised JPY 2.8 billion (USD 19 million) in a Series B funding round led by Vertex Growth and the Development Bank of Japan to modernize Japan’s real estate market and expand into Southeast Asia.

PRIVATEOct 08, 2024

Amount Raised

¥2.8 Billion

Round Type

Series B

Minato CityReal EstateCommercial Real Estate

Investors

Globis Capital PartnersUniversity Of Tokyo Edge Capital PartnersGlobal BrainVertex GrowthDevelopment Bank Of Japan

Description

Estie, a Tokyo-based prop tech startup, secured JPY 2.8 billion (USD 19 million) in a Series B funding round to tackle the digital divide in Japan's commercial real estate market. The funding will help integrate AI with data infrastructure and accelerate product offerings.

Quick answer

Estie raised ¥2.8 Billion in a Series B round, dated October 8, 2024. Investors: Globis Capital Partners, University Of Tokyo Edge Capital Partners, Global Brain, Vertex Growth and Development Bank Of Japan. Estie is based in Minato City, Tokyo, Japan.

How much did Estie raise?
Estie raised ¥2.8 Billion in a Series B round on October 8, 2024.
Who invested in Estie?
Globis Capital Partners, University Of Tokyo Edge Capital Partners, Global Brain, Vertex Growth and Development Bank Of Japan are named as investors in this round.
What does Estie do?
Estie is a Tokyo-based prop tech startup established in 2018 that is focused on digital solutions for the real estate market.
Where is Estie based and how big is it?
Estie is based in Minato City, Tokyo, Japan.
Who are the decision-makers at Estie?
Fundz holds 1 contact at Estie. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Commercial Real Estate around the same time

Companies in the same sectors as Estie that raised within 45 days of this round, from Fundz verified event records.

  • Connexus raised $155K (Seed) on October 28, 2024.
  • Ejari raised $15M (Seed) on October 9, 2024.
  • Compass International Holdings raised $3.5M (Seed) on September 8, 2024.
  • Assetbird raised $2.7M (Seed) on August 30, 2024.
  • HomeLight raised $20M (Series D) on August 26, 2024.
  • Apaleo raised $21M (Private Equity) on November 20, 2024.

Who to call at Estie, and when

A new round usually means Estie is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Estie

Location

Minato City, Tokyo, Japan

About

Estie is a Tokyo-based prop tech startup established in 2018 that is focused on digital solutions for the real estate market. It aims to enhance transparency and accessibility within Japan's commercial real estate sector, traditionally dominated by opacity. The company recently raised JPY 2.8 billion to fuel its growth and expansion plans in Southeast Asia. With a blend of AI and robust data infrastructure, Estie is set to modernize the industry and bridge local assets with global investors.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Estie raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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