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PRYPCO raises Pre-Series A from General Catalyst, marking a significant growth milestone. The funding aims to expand offerings and strengthen regulatory partnerships.

Sep 10, 20254 days ago

Round Type

series a

DubaiFintechFinance

Investors

General Catalyst

Description

PRYPCO, a UAE-born PropTech firm, has successfully raised funding in a Pre-Series A round led by General Catalyst. This investment marks General Catalyst’s first foray into the Middle Eastern PropTech sector. The company plans to utilize the capital to enhance its range of offerings and scale operations across the region.

Company Information

Company

PRYPCO

Location

Dubai, Dubai, United Arab Emirates

About

PRYPCO is a Dubai-based proptech startup focused on simplifying the real estate journey. It aims to build a leading real estate ecosystem in the region that is accessible to everyone. The company leverages technology to disrupt traditional real estate sectors, especially through innovative approaches like fractional ownership. PRYPCO is committed to democratizing access to property investment.

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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