Trending...
- Green Office Partner Named #1 Best Place to Work in Chicago by Crain's for 2025 - 109
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience - 101
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club
Houm will expand to 15 cities in Mexico, Colombia, and Chile in the next nine months
The proptech will triplicate their team quickly
The round was led by Goodwater Capital and Fifth Wall in Silicon Valley, followed by previous investors like OneVC, Elad Gil, Liu Jang, Fen Ventures; as well as relevant personalities such as Raul Mehta, Managing Partner in DST Global and Broadhaven.
The proptech will triplicate their team quickly
The round was led by Goodwater Capital and Fifth Wall in Silicon Valley, followed by previous investors like OneVC, Elad Gil, Liu Jang, Fen Ventures; as well as relevant personalities such as Raul Mehta, Managing Partner in DST Global and Broadhaven.
SANTIAGO, Chile - ColoradoDesk -- Houm, the leading proptech in Latam, is pleased to announce the closing of a $35 million Series A round, led by Goodwater Capital with Fifth Wall and follow ons from previous investors like OneVC, Elad Gil, Liu Jang, Fen Ventures, and relevant individual investors like Rahul Mehta, Managing Partner at DST Global, and Broadhaven.
This capital will push the expansion to 15 new cities in Mexico, Colombia, and Chile. The acquisition of talent to grow their team, and continue its exponential growth in the region is a top priority.
"Goodwater is the largest Consumer Internet fund in the USA and Fifth wall is the largest Proptech fund in the world with investments such as Opendoor, Loft, and Allbirds, for which they will be a huge experience contribution. We are deeply excited about this milestone and the arrival of new and important partners to the company. We achieved this on the basis of our effort, perseverance, and our top-notch team. It is gratifying to see how the best funds in the world see potential in Houm. This is just the beginning, great things are coming," said Benjamin Labra, CEO and Co-Founder of Houm.
More on Colorado Desk
The Series A comes just six months after Houm announced an $8 million Seed Series. Houm was part of the Y Combinator W21 cohort and sustained growth in Chile. Seed funding allowed Houm to expand and consolidate in Bogota (Colombia) and Mexico City, achieving a growth of more than 11x in revenue in the last year, exceeding its own expectations.
The proptech also expects to increase hiring 3x in the short term, including the recruitment of more Houmers, the team of independent professionals that allow them to streamline their operation and manage dozens of properties every day. Today their team has more than 300 people and more than 250 Houmers.
"Home seekers in Latin America have been underserved for a long time. With Houm's seamless search experience and digital closing process, the company is pioneering a consumer experience that is significantly better than the status quo. Landlords similarly love Houm's end-to-end technology platform for pricing, listing, and managing their properties, driving shorter vacancies and greater rental income. We are thrilled to be partnering with BenjamÃn and the entire Houm team on their journey to increase housing accessibility across Latin America," says Hatim Khety from Silicon Valley, Partner in Goodwater Capital.
More on Colorado Desk
Houm plans to become the leading digital brokerage in the region, and to soon be the most attractive and popular alternative in Latin America for people to lease, sell and manage properties, as they maximize their profit and enjoy a fast and 100% online process, affordably priced and totally secure.
"Ninety-five percent of our properties are leased in 30 days or less, and our freelance force, the Houmers, allow us to show properties every six minutes every day. We are happy to be able to fulfill our purpose and continue to expand our operation in the region, providing a safe and reliable service with multiple facilities and benefits, as we donate part of our income to help families in vulnerable situations," says Labra.
Press contact: Josefina Allende jo@houm.com +56985019863
This capital will push the expansion to 15 new cities in Mexico, Colombia, and Chile. The acquisition of talent to grow their team, and continue its exponential growth in the region is a top priority.
"Goodwater is the largest Consumer Internet fund in the USA and Fifth wall is the largest Proptech fund in the world with investments such as Opendoor, Loft, and Allbirds, for which they will be a huge experience contribution. We are deeply excited about this milestone and the arrival of new and important partners to the company. We achieved this on the basis of our effort, perseverance, and our top-notch team. It is gratifying to see how the best funds in the world see potential in Houm. This is just the beginning, great things are coming," said Benjamin Labra, CEO and Co-Founder of Houm.
More on Colorado Desk
- Security Alert: TZNXG Warns Investors About "Fund Recovery" Scams
- Assent Unveils Extended Producer Responsibility Packaging Solution to Simplify Compliance with Expanding Packaging Laws
- OtterBox Unveils New Sole Series: Where Rugged Protection Meets Street-Ready Style
- KatalisCoin: "Too Secure" for Bad Actors - Platform Embraces "Excessive Compliance" Criticism
- Keyanb Exchange Implements Enhanced Security Protocols Amid Industry-Wide Trust Challenges
The Series A comes just six months after Houm announced an $8 million Seed Series. Houm was part of the Y Combinator W21 cohort and sustained growth in Chile. Seed funding allowed Houm to expand and consolidate in Bogota (Colombia) and Mexico City, achieving a growth of more than 11x in revenue in the last year, exceeding its own expectations.
The proptech also expects to increase hiring 3x in the short term, including the recruitment of more Houmers, the team of independent professionals that allow them to streamline their operation and manage dozens of properties every day. Today their team has more than 300 people and more than 250 Houmers.
"Home seekers in Latin America have been underserved for a long time. With Houm's seamless search experience and digital closing process, the company is pioneering a consumer experience that is significantly better than the status quo. Landlords similarly love Houm's end-to-end technology platform for pricing, listing, and managing their properties, driving shorter vacancies and greater rental income. We are thrilled to be partnering with BenjamÃn and the entire Houm team on their journey to increase housing accessibility across Latin America," says Hatim Khety from Silicon Valley, Partner in Goodwater Capital.
More on Colorado Desk
- TSWHZC Platform Combines Automated Portfolio Management with Proof of Reserves for Brazil Market Entry
- AureaVault Positions Digital Asset Infrastructure for Shifting Monetary Policy Environment
- JQRBT Unveils High-Speed Trading Infrastructure Designed for Growing Institutional Crypto Market
- Denver Welcomes Year Three of MICHELIN Guide Colorado Awards with the State's First Two Starred Restaurant, Three New One Starred Restaurants, New Recommended and Three New Special Award Winners
- Boulder Homeowners Encouraged to Paint Before Move-In for a Healthier, More Beautiful Start
Houm plans to become the leading digital brokerage in the region, and to soon be the most attractive and popular alternative in Latin America for people to lease, sell and manage properties, as they maximize their profit and enjoy a fast and 100% online process, affordably priced and totally secure.
"Ninety-five percent of our properties are leased in 30 days or less, and our freelance force, the Houmers, allow us to show properties every six minutes every day. We are happy to be able to fulfill our purpose and continue to expand our operation in the region, providing a safe and reliable service with multiple facilities and benefits, as we donate part of our income to help families in vulnerable situations," says Labra.
Press contact: Josefina Allende jo@houm.com +56985019863
Source: Houm
Filed Under: Real Estate, Technology
0 Comments
Latest on Colorado Desk
- DivX Unveils Major DivX Software Update: Seamless Video Sharing and Customizable Playback Now Available
- Nespolo Mechanical Helps New Mexico Families Save Thousands on Heating Costs This Fall
- Leading Digital Finance Platform YNQTL Launches Revolutionary Web3 Digital Asset Trading Platform
- IDCXS Addresses Crypto Trading Pain Points with 2 Million TPS Processing and Multi-Layer Security Architecture
- Bridging Traditional Finance and Web3 Innovation: BLFCW Announces Strategic Vision for Regulated Web3 Economy
- NKSCX Responds to "Coordinated Smear Campaign" as Anonymous Critics Emerge Following Regulatory Milestones
- Broadway Gala Honored Also an Italian
- $ONI Listed on MEXC as ONINO Powers Europe's Tokenization Engine Into Public Platform Launch
- AZETHIO Crypto Exchange Whitepaper Reveals MPC-Secured Infrastructure Processing 1.2 Million Transactions Per Second
- CELOXFI Platform Demonstrates Advanced Security Architecture and Regulatory Framework
- Work 365 Launches PV 3.0: The Keystone Power App for Microsoft CSPs
- Local consultant shows small businesses how to turn red tape into real money
- Mayor Yemi Mobolade honors Connie Benavidez with Spirit of Colorado Springs Award
- Tour Napa Like a Local: Vines of Napa Valley Wine Passport AKA Vine Pass Unlocks Hidden Gems
- Dental Surgical Center Accepts Sedation Patients with Medicaid for MD, WV, PA and DC
- Backed by Local Launches FREE City Hubs to Empower Small Businesses in Colorado, Washington, & Oreg
- Colorado: Governor Polis Joins Governors' Call to Congress to Extend Health Care Tax Credits and Lower Costs for Families
- Colorado Leading the Way: New Study Finds Land Use Reforms, Many of Which Colorado Has Already Taken, Popular Especially Among Seniors
- Colorado: Governor Polis Releases Statement on Passing of American Icon and Actor Robert Redford
- Sloan's Lake Dental Launches New Website to Enhance Patient Experience and Access to Modern Dental Care