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Sumutasu Secures $10M To Digitize Japan’s Real Estate Market

Sumutasu Secures $10M To Digitize Japan’s Real Estate Market

04/28/22, 12:08 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/JP.svgtokyo
Money raised
$10 million
Industry
real estate
other
commerce and shopping
Sumutasu, a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 million in equity and $1.6 million in debt. The company has raised a total of $16 million since its 2018 inception.

Company Info

Company
Sumutasu
Location
tokyo, tokyo, japan
Additional Info
The company has raised a total of $16 million since its 2018 inception. The Japanese real estate tech startup operates its service in Tokyo but plans to take it to more areas like Osaka and Nagoya. With the latest funding, the company plans to continue to buy more houses, and launch its mortgage brokering service next year, aiming to increase sales five-fold compared to 2021. ” The company has a team of 30 people. Sumutasu says its platform enables users to access a fair house valuation in an hour.