Colombian proptech Habi reaches unicorn status with $200M raise co-led by SoftBank and Homebrew – TechCrunch

Habi, a Bogota-based mostly proptech, has shut on $200 million in a Sequence C funding round co-led by Homebrew and SoftBank Latin The usa Fund.

The startup did not reveal its correct valuation, stating only it experienced achieved unicorn status — that means that it is now valued at far more than $1 billion.

The raise follows a year of sturdy progress, according to the company, which noticed its income increase by “well over 20x” in 2021. With this newest increase, Habi suggests it has turn into the second unicorn in Colombia and the only LatAm unicorn with a woman founder and CEO, according to Crunchbase. It also promises that it is now the initial proptech unicorn in Spanish-talking LatAm. Brazil — exactly where the populace speaks Portuguese — is household to much more than one proptech unicorn, like QuintoAndar and Loft.

Habi suggests its mission is to “empower” small- and middle-cash flow buyers in the housing sector by offering entry to liquidity and data “in a sector where details is minimal and the bulk of households are not listed on the web.” The startup at the moment operates in much more than 15 towns in Mexico and Colombia.

The corporation previous elevated in June of 2021 — a $100 million Series B led by SoftBank Latin The us Fund. Given that its 2019 inception, Habi has brought in in excess of $315 million in fairness funding. Banco Mercantil del Norte SA, Institución de Banca Múltiple, Grupo Financiero Banorte, Tiger Global, Encouraged Money, Clocktower Ventures, Endeavor Catalyst and Henry Kravis participated in the latest financing, among many others.

In excess of the earlier year, Habi claims it has labored on building out its services and proprietary database, so that it can give prospects a comprehensive stack of providers, like iBuyer, brokerage, fiscal products and services and a marketplace.

“With solid partnerships and an expanded sector presence, we are at the quite early levels of developing out the infrastructure to supply significantly-wanted facts, trust and liquidity to a housing market that desperately needs it,” stated Brynne McNulty Rojas, Habi’s co-founder and CEO, in a statement.

In January 2022, Habi announced its acquisition of online marketplace Propiedades.com and iBuyer Tu Canton as element of its effort to grow its presence throughout Mexico.

The enterprise ideas to use the new funds to expand geographically throughout Spanish-talking LatAm and double down on its press into embedded money products and services.