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, 2025•11 days ago
Amount Raised
$1.2 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers