Huspy Secures $59M Series B to Propel Global Real Estate Revolution
July 12, 2025, 9:32 pm
Proptech innovator Huspy secured $59M Series B funding, led by Balderton Capital. This capital fuels global expansion. Huspy plans new markets in Europe and Saudi Arabia. It empowers real estate agents and mortgage brokers with advanced technology. The platform streamlines home buying, facilitating over $7B in transactions annually. Huspy is a top UAE mortgage provider. Its growth includes new AI tools. The company seeks talent. Goal: revolutionize global real estate.
Huspy, a prominent force in proptech, has closed a significant funding round. The UAE-based company secured $59 million in Series B capital. This infusion targets ambitious global expansion. It will accelerate the firm's reach across Europe and the Middle East.
Balderton Capital spearheaded the investment. This marks their continued support for Huspy. Balderton Capital previously invested in the proptech firm in May 2024. Other key investors joined this round. Peak XV, a long-term partner, participated for a third time. ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, and KE Partners also contributed. This diverse investor group underscores confidence in Huspy's vision.
Founded in 2020 by Jad Antoun and Khalid Ashmawy, Huspy rapidly established its presence. It operates in the United Arab Emirates and Spain. The platform has become a critical tool for the real estate sector. It facilitates over $7 billion in real estate transactions annually. This immense volume highlights its market penetration.
Huspy's core mission is clear. It empowers real estate agents and mortgage brokers. The company provides best-in-class technology. It offers robust infrastructure. High commissions further incentivize professionals. This strategy boosts efficiency. It helps agents serve home buyers and sellers more effectively. The aim is to simplify a complex process.
The new capital allocation is strategic. A significant portion targets European expansion. Huspy has a strong foothold in Spain. Current operations span Madrid, Valencia, Alicante, and Malaga. The company plans to enter six more Spanish cities by the end of 2025. This aggressive growth strategy solidifies its European footprint.
Beyond Europe, Huspy eyes the Middle East. Saudi Arabia is a key target market. The company will expand into the Kingdom. This move broadens its regional influence. By the close of 2025, Huspy expects to operate in over ten cities globally. This rapid geographic expansion is central to its growth model.
Technology investment forms another pillar of the funding. Huspy continuously refines its platform. Advanced systems drive its operational agility. The company builds best-in-class tools for brokers and agents. This tech focus translates into efficiency gains. Brokers can close deals faster. They serve more clients.
Huspy also invests heavily in talent. Strategic hiring is underway. The company seeks top professionals for expansion roles. Technology-specific positions are also a priority. Huspy has established tech hubs. These centers are located in both the UAE and Spain. This distributed talent strategy supports its global ambitions.
Innovation drives Huspy's market leadership. In April 2025, Huspy launched Huspy.Ai. This is the GCC's first AI-powered mortgage chatbot. It aims to transform home financing. The AI tool streamlines the mortgage application process. It offers instant support. This positions Huspy at the forefront of proptech innovation.
Huspy's market performance is robust. It is recognized as one of the fastest-growing proptech companies in the UAE. Its mortgage unit holds a dominant position. Huspy processes over 25% of all residential home financing in Dubai. This makes it the largest mortgage processor in the region. The scale of its operations allows for competitive offerings. Huspy secures exclusive interest rates for its customers. These rates are market-leading.
The company's Spanish real estate business demonstrates impressive growth. It achieved more than 20x year-on-year growth in 2024. This rapid expansion in Europe complements its success in the UAE. Huspy's dual-market strategy proves effective.
The broader real estate market context supports Huspy’s growth. Dubai's market remains strong. Mortgage transactions rose by 4.76% in the first quarter of 2025. This indicates strong buyer confidence. It also shows increased accessibility to home financing. Huspy benefits directly from these positive trends. It aims for continued growth in Dubai and Abu Dhabi.
The home buying journey presents universal challenges. Fragmented services plague the process worldwide. Buyers require affordable financing. They need access to top properties. Huspy addresses these pain points directly. It provides a single platform. This platform covers everything from financing to home purchase.
Huspy's focus extends beyond simple transactions. It builds essential infrastructure for the real estate ecosystem. This enables agents and brokers to grow their businesses. It allows them to serve home buyers efficiently. The company's vision is comprehensive. It aims to provide the right tools for all stakeholders. This approach transforms the entire home buying experience.
The latest funding accelerates this mission. It allows Huspy to double down on European expansion. Spain is the initial focus. New European countries will follow. Entry into Saudi Arabia is also critical. That market offers immense potential. It currently lacks advanced technology tools for home buyers, agents, and brokers. Huspy seeks to fill this gap.
Huspy is not merely a platform. It is a catalyst for change. It digitizes a traditionally slow industry. It enhances transparency. It improves efficiency for millions. The company's trajectory suggests continued disruption. Its model is scalable. Its technology is cutting-edge. Huspy drives the future of global real estate transactions.
Huspy, a prominent force in proptech, has closed a significant funding round. The UAE-based company secured $59 million in Series B capital. This infusion targets ambitious global expansion. It will accelerate the firm's reach across Europe and the Middle East.
Balderton Capital spearheaded the investment. This marks their continued support for Huspy. Balderton Capital previously invested in the proptech firm in May 2024. Other key investors joined this round. Peak XV, a long-term partner, participated for a third time. ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, and KE Partners also contributed. This diverse investor group underscores confidence in Huspy's vision.
Founded in 2020 by Jad Antoun and Khalid Ashmawy, Huspy rapidly established its presence. It operates in the United Arab Emirates and Spain. The platform has become a critical tool for the real estate sector. It facilitates over $7 billion in real estate transactions annually. This immense volume highlights its market penetration.
Huspy's core mission is clear. It empowers real estate agents and mortgage brokers. The company provides best-in-class technology. It offers robust infrastructure. High commissions further incentivize professionals. This strategy boosts efficiency. It helps agents serve home buyers and sellers more effectively. The aim is to simplify a complex process.
The new capital allocation is strategic. A significant portion targets European expansion. Huspy has a strong foothold in Spain. Current operations span Madrid, Valencia, Alicante, and Malaga. The company plans to enter six more Spanish cities by the end of 2025. This aggressive growth strategy solidifies its European footprint.
Beyond Europe, Huspy eyes the Middle East. Saudi Arabia is a key target market. The company will expand into the Kingdom. This move broadens its regional influence. By the close of 2025, Huspy expects to operate in over ten cities globally. This rapid geographic expansion is central to its growth model.
Technology investment forms another pillar of the funding. Huspy continuously refines its platform. Advanced systems drive its operational agility. The company builds best-in-class tools for brokers and agents. This tech focus translates into efficiency gains. Brokers can close deals faster. They serve more clients.
Huspy also invests heavily in talent. Strategic hiring is underway. The company seeks top professionals for expansion roles. Technology-specific positions are also a priority. Huspy has established tech hubs. These centers are located in both the UAE and Spain. This distributed talent strategy supports its global ambitions.
Innovation drives Huspy's market leadership. In April 2025, Huspy launched Huspy.Ai. This is the GCC's first AI-powered mortgage chatbot. It aims to transform home financing. The AI tool streamlines the mortgage application process. It offers instant support. This positions Huspy at the forefront of proptech innovation.
Huspy's market performance is robust. It is recognized as one of the fastest-growing proptech companies in the UAE. Its mortgage unit holds a dominant position. Huspy processes over 25% of all residential home financing in Dubai. This makes it the largest mortgage processor in the region. The scale of its operations allows for competitive offerings. Huspy secures exclusive interest rates for its customers. These rates are market-leading.
The company's Spanish real estate business demonstrates impressive growth. It achieved more than 20x year-on-year growth in 2024. This rapid expansion in Europe complements its success in the UAE. Huspy's dual-market strategy proves effective.
The broader real estate market context supports Huspy’s growth. Dubai's market remains strong. Mortgage transactions rose by 4.76% in the first quarter of 2025. This indicates strong buyer confidence. It also shows increased accessibility to home financing. Huspy benefits directly from these positive trends. It aims for continued growth in Dubai and Abu Dhabi.
The home buying journey presents universal challenges. Fragmented services plague the process worldwide. Buyers require affordable financing. They need access to top properties. Huspy addresses these pain points directly. It provides a single platform. This platform covers everything from financing to home purchase.
Huspy's focus extends beyond simple transactions. It builds essential infrastructure for the real estate ecosystem. This enables agents and brokers to grow their businesses. It allows them to serve home buyers efficiently. The company's vision is comprehensive. It aims to provide the right tools for all stakeholders. This approach transforms the entire home buying experience.
The latest funding accelerates this mission. It allows Huspy to double down on European expansion. Spain is the initial focus. New European countries will follow. Entry into Saudi Arabia is also critical. That market offers immense potential. It currently lacks advanced technology tools for home buyers, agents, and brokers. Huspy seeks to fill this gap.
Huspy is not merely a platform. It is a catalyst for change. It digitizes a traditionally slow industry. It enhances transparency. It improves efficiency for millions. The company's trajectory suggests continued disruption. Its model is scalable. Its technology is cutting-edge. Huspy drives the future of global real estate transactions.