Propic has secured a Series A investment
Propic has successfully completed its Series A raising of US$4.4 million. Funds raised will be used to expand the marketing of Propic’s products in Australia and internationally. The investment has been made by Australian Community Media (ACM), Australia’s largest privately owned media company.
Propic, an Australian-based proptech start-up, has developed two AI solutions that enable real estate agents and property managers to serve their consumers 24/7, along with a platform that tracks every property in Australia, every day. Propic’s products are used by a growing number of Australia’s leading real estate brands.
Oaklins’ team in Australia acted as corporate advisor to Propic in this transaction.
Talk to the deal team
Related deals
SRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn moreSun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn more