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.