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Cohabit raises $1.2 million to enhance its AI-driven data platform for housing blocks, led by Qantas chairman John Mullen and other prominent investors.

Jul 09, 202511 days ago

Amount Raised

$1.2 Million

SydneyArtificial IntelligenceSoftware

Investors

Christopher KerinMichael CindricShant KradjianJohn Mullen

Description

Cohabit, a Sydney-based proptech startup, has successfully secured $1.2 million in funding to accelerate its product development. The funding round included notable investors like Qantas chairman John Mullen and Shant Kradjian, CEO of DigiDirect and Booktopia. Founded in 2023 by CEO Thom Richards, Cohabit aims to provide a comprehensive digital profile and health score for strata and residential buildings. This funding will allow for the platform's continued enhancement and broader stakeholder access.

Company Information

Company

Cohabit

Location

Sydney, New South Wales, Australia

About

Cohabit is an AI-powered building health platform that digitises strata records, building information, pricing data and benchmarked industry data to create interactive health scores, smart dashboards and comprehensive building histories in a simple online profile.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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