Daily Markup

Daily Markup #705: 99 Group lands US$11M Series C extension to boost the convenience of property buying and renting for more people

March 20, 2023 · 1 min read
Credit: 99 Group

Bringing home the bacon

  • It’s hard to imagine what life was like before we could search, buy and rent properties online.
  • In Singapore and Indonesia, this convenience exists thanks to 500-backed proptech company 99 Group, which raised US$11M in a Series C extension round co-led by OCBC NISP Ventura and existing investor Gaw Capital Partners.
  • This brings the company’s total Series C round to US$48.6M. The fresh funds will support 99 Group’s continued growth and expansion through strategic partnerships and acquisitions.
  • Launched in 2014 by Darius Cheung, Yan Phun, and Conor McLaughlin, the team operates 99.co, SRX, iProperty, and Rumah123.
  • These platforms help users simplify their property buying and renting process with nifty features such as smart filters, price analysis data, and financial planners.
  • Congratulations to 99 Group!
  • Read the full article on Tech in Asia.
Daily
Tags:
0
Share
• • • KEEP READING

Daily Markup

  • Daily Markup is brought to you by 500 Global, Southeast Asia

  • All content herein is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively “500 Global”) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Global and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies’ markets, competitors, performance, and fundraising has been provided by those companies’ founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Global, or an offer to provide any investment advisory service with regard to securities by 500 Global. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Global. Prospective investors considering an investment into any 500 Global fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Global fund may have a financial interest in one or more of the companies discussed

    All users of this website should note these important Terms of Use governing the use of this website.

  • Copyright © 2024 500 Global | All Rights Reserved

  • Privacy Policy
    Terms of Use
    Code of Conduct