Africa's Most Funded PropTech Startups.
The 17 Most Funded PropTech Startups In Africa.
Welcome to PropTech Roundup's rundown of Africa's most funded Proptech companies.
The 17 most funded PropTech startups in Africa have collectively raised an estimated $160 million in disclosed funding. This figure underscores growing investor confidence in the continent's real estate and construction technology sector.
The ranking is based on publicly disclosed funding figures as of May, 2026. The actual funding landscape may be more extensive due to undisclosed investment rounds.
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The annual convening of Africa’s PropTech founders, real estate developers, investors, and policymakers to accelerate technology adoption, capital formation, policy alignment, ecosystem collaboration, and housing accessibility.
1. Nawy (Egypt)
Segment: Comprehensive Online Real Estate Ecosystem
Funding Stage: Series A (Equity) + Debt Financing
Total Funding: $80M
Year Founded: 2019
Founders: Mohamed Abou Ghanima, Abdel-Azim Osman, Ahmed Rafea, Aly Rafea, Mostafa El-Beltagy.
Nawy is Africa’s leading proptech company, offering a full-stack real estate ecosystem. Founded in 2019, it simplifies buying, selling, investing, and managing properties through technology. Key services include property search, brokerage, mortgage solutions (Nawy Now), fractional ownership (Nawy Shares), and property management (Nawy Unlocked).
Nawy leverages AI and aims to digitize and improve transparency in the MENA region's real estate market, with recent significant funding for expansion.
Funding Insights:
Raised $52M in Series A equity (May 2025) led by Partech Africa, with e& Capital, Nclude Fund, Endeavor Catalyst, HOF Capital, March Capital Investments, Outliers, Plug and Play, Shorooq Partners, VentureSouq, and Verod-Kepple Africa Ventures.
Secured $23M in debt financing from major Egyptian banks.
Raised $5M in seed funding (Feb 2022) led by Sawiris family office.
2. Mubawab (Morocco)
Segment: Digital Real Estate Listings Hub
Funding Stage: Strategic Corporate Investments
Total Funding: $17.8M
Year Founded: 2010
Founder: Kevin Gorman
Mubawab is a leading online real estate classifieds platform, primarily dominant in Morocco and expanding across the MENA region. Launched in 2010, it connects buyers, sellers, and renters of residential and commercial properties. Backed by strategic acquisitions, Mubawab leverages technology to offer a comprehensive, user-friendly experience for both individuals and real estate professionals.
Funding Insights:
Secured $850K in seed funding (2012), $7M (2020).
$10M (2021) from Emerging Markets Property Group (now Dubizzle Group). Africa Property Portals assumed majority ownership in May 2025.
3.Yakeey (Morocco)
Segment: Real Estate Marketplace
Funding Stage: Series A
Total Funding: $15 Million
Year Founded: 2023
Founder: Karim Beqqali
Yakeey is a managed real estate marketplace building end-to-end digital infrastructure for property transactions in Morocco.
The platform integrates property search, AI-powered valuation, brokerage, verification, and financing — moving beyond traditional listing portals to create a trusted, seamless transactional experience.
Funding Insights:
Raised $15 Million in Series A funding in January 2026 — the largest PropTech funding round in Morocco history led by Beltone Finance, with participation from IFC (International Finance Corporation), Enza Capital, CDG Invest (via 212 Founders)
4. Flow (South Africa)
Segment: Automated Property Marketing Solutions
Funding Stage: Pre-Series A
Total Funding: $6.1M
Year Founded: 2018
Founder: Daniel Levy, Gil Sperling.
Flow is a South African proptech company that automates social media advertising for real estate agencies and developers. Launched in 2017/2018,
Flow's platform uses AI and APIs to create targeted ads on platforms like Facebook and Instagram, connecting properties with potential buyers and renters more efficiently. They've secured significant funding to expand their B2B growth strategy and integrate with international property portals and CRM platforms, aiming to modernize real estate marketing globally.
Funding Insights:
Raised $1.47M in seed funding (2019) from CRE Venture Capital and Kalon Venture Partners, followed by
$4.5M in Pre-Series A (2023) led by Futuregrowth Asset Management with Endeavor Harvest Fund and others.
5. Jumba (Kenya)
Segment: Construction Materials Digital Marketplace
Funding Stage: Seed
Total Funding: $5.5M
Year Founded: 2022
Founders: Kagure Wamunyu, Miano Njoka
Jumba is a Kenyan construction technology (ConTech) platform, founded in 2022. It streamlines the business-to-business (B2B) purchase and financing of construction materials. By connecting manufacturers and suppliers with hardware stores and real estate developers through a single marketplace.
Jumba simplifies the supply chain, offers competitive pricing, and provides financing solutions (including "buy now, pay later") to improve efficiency and affordability in the African construction sector.
Funding Insights:
Secured $1M in pre-seed (2022).
$4.5M in seed funding (2023) led by LocalGlobe with various other investors.
6. Kubik (Ethiopia)
Segment: Sustainable Affordable Housing
Funding Stage: Seed Extension
Total Funding: $5.2M
Year Founded: 2021
Founder: Kidus Asfaw
Kubik is an Ethiopian-based climate tech startup, founded in 2021. It tackles plastic waste and affordable housing crises by transforming hard-to-recycle plastic into low-cost, low-carbon, interlocking building materials.
Kubik's innovative approach offers a more sustainable and affordable alternative to traditional construction, aiming to build dignity through clean and accessible living across Africa.
Funding Insights:
Raised $3.34M in seed funding (2023)
$1.9M in seed extension (2024) from Plug and Play Tech Center, BESTSELLER Foundation, GIIG Africa Fund, African Renaissance Partners, and others.
7. Meta Egypt (Egypt)
Segment: Advanced Real Estate Marketplace
Funding Stage: Seed
Total Funding: $4.9M
Year Founded: 2023
Founders: Ahmed Sobhe
Meta Egypt is an Egyptian proptech platform launched in 2023 through a partnership between Coldwell Banker Egypt and Estate Waves. It aims to revolutionize real estate marketing by leveraging advanced 3D web technologies, including AI and virtual reality.
The platform showcases a vast number of real estate projects and units, providing immersive virtual tours and detailed information to enhance transparency, streamline transactions, and facilitate informed investment decisions in the Egyptian property market.
Funding Insights:
Secured $4.9M (EGP 150M) in May 2023 at platform launch; investment source undisclosed.
8. Admyt (South Africa)
Segment: Frictionless Ticketless Parking Solutions
Funding Stage: Seed + Later Stage VC
Total Funding: at least $4.1M
Year Founded: 2015
Founder: Jordan Wainer
Admyt is a South African proptech company, founded in 2015, that provides a ticketless and cashless parking management system. It uses license plate recognition and smartphone technology to offer seamless entry and exit at various locations, primarily shopping malls and office parks.
Admyt aims to improve user convenience by eliminating tickets, queues, and the need for cash, while also providing landlords with operational efficiencies and valuable data.
Funding Insights:
Raised $500K (2015),
$770K (2016)
$1.6M transformative funding from REdimension Capital (Dec 2023).
9. Spleet (Nigeria)
Segment: Residential Rental Facilitation
Funding Stage: Seed
Total Funding: $3.5M
Year Founded: 2017
Founders: Akintola Adesanmi, Daniella Ajala
Spleet is a Nigerian proptech company, founded in 2017, that provides a comprehensive rental management solution for both landlords and tenants in Africa. It addresses the common challenge of upfront annual rent payments by offering flexible payment options (monthly, quarterly, annually) and a marketplace for residential rentals.
Spleet also provides services like tenant verification, automated rent collection, facility management, and "Rent Now, Pay Later" financing to simplify and improve efficiency in the African rental market.
Funding insights:
Raised a $625,000 Pre-seed (March 2022)
$2.6M in seed funding (October 2022) from MaC Venture Capital, NOEMIS Ventures, Plug and Play Tech Center, and others.
10. SmallSmall (Nigeria)
Segment: Flexible On-Demand Home Rentals
Funding Stage: Seed
Total Funding: $3.1M
Year Founded: 2018
Founder: Tunde Balogun, Naomi Olaghere, Pidah Tnadah
Small Small is a prominent Nigerian proptech company, founded in 2018, that offers flexible and affordable living solutions. It revolutionized the rental market with monthly payment plans (RentSmallSmall) and has expanded to include flexible homeownership (BuySmallSmall), short-term stays (StaySmallSmall), and consumer credit via its Fair App. The company leverages technology to provide vetted properties and accessible financial solutions in Nigeria.
Funding Insights:
Raised $120K in seed (2021) from Techstars.
$2M in seed (2022, including $1M debt) from Oyster Ventures, Asymmetry Ventures, and others.
11. HouseME (South Africa)
Segment: Digital Rental Platform (Ceased Operations in 2021)
Funding Stage: Seed+/Venture round
Total Funding: At Least $3M
Year Founded: 2015
Founder: Ben Shaw , Kyle Bradley
HouseME was a South African proptech company, founded in 2015, that aimed to disrupt the long-term rental market. It provided a digital platform to connect landlords and tenants, automating processes like tenant vetting, credit checks, rent collection, and offering rental guarantees.
HouseME also introduced innovative features like "DepositFREE" renting and charged significantly lower management fees than traditional agencies.
However, it's important to note that HouseME ceased operations in 2021, citing the impact of the COVID-19 pandemic.
Funding Insights:
Raised at least $3M across multiple rounds before ceasing operations.
12. CutStruct (Nigeria)
Segment: Digital Marketplace for Construction Products/Services
Funding Stage: Seed
Total Funding: $2.4M
Year Founded: 2019
Founder: John Oamen
CutStruct is a Nigerian construction technology (ConTech) company, founded in 2019, that aims to streamline the procurement of building materials. It operates a digital marketplace that connects builders and contractors with verified suppliers, offering competitive pricing, efficient logistics, and transparent transactions.
CutStruct's platform helps reduce costs and inefficiencies in the construction supply chain by providing features like real-time price trends, bulk purchasing, and project management tools.
Funding Insights:
Secured $600K in Pre-seed (2022), $20K funding (2023) from Techstars.
$1.5M in seed (2024) from CRE Ventures and E3 Capital.
13. Agenz (Morocco)
Segment: Real Estate Agency Platform
Funding Stage: Seed+
Total Funding: $1.8M
Year Founded: 2021
Founders: Malik Belkeziz and Badr Belkeziz
Agenz is a Moroccan proptech startup, founded in 2020, that aims to bring transparency and efficiency to the real estate market through data and technology. It provides a data-driven platform offering real-time property valuations, market insights, and lead generation for buyers, sellers, and real estate professionals.
Agenz leverages AI and machine learning to offer comprehensive data and personalized recommendations, streamlining property transactions and informed decision-making across Morocco and with ambitions for wider African expansion.
Funding Insights:
Agenz has raised a total of $1.8M in funding.
This includes $540,000 Seed round in 2021 from Azur Innovation Partners.
$1.3 million pre-Series A round in 2023.
14. Partment (Egypt)
Segment: Co-Ownership Real Estate Platform
Funding Stage: Seed
Total Funding: $1.5M
Year Founded: 2022
Founders: Ahmed El Raggal, Chinmaya Das, Nadim Nagui
Partment is an Egyptian proptech startup, founded in 2022, that specializes in fractional ownership of second homes and vacation properties. Its digital platform allows multiple buyers to purchase shares in premium properties at a fraction of the full cost, making luxury real estate more accessible.
Partment also provides end-to-end property management services and a smart booking system, aiming to offer a hassle-free co-ownership experience and optimize property utilization.
Funding Insights:
Raised $1.5M in seed funding (2022) led by Nclude and Plus VC.
15. PropertyPro (Nigeria)
Segment: Real Estate Property Search Platform
Funding Stage: Seed + Series A
Total Funding: $1.4M
Year Founded: 2013
Founders: Fikayo Ogundipe, Oladapo Eludire, Sulaiman Balogun, Seyi Ayeni
PropertyPro is a leading Nigerian online real estate platform, founded in 2013, that simplifies the process of finding, renting, and purchasing properties. It provides a vast database of residential and commercial listings across Nigeria, connecting property seekers directly with verified agents and developers.
PropertyPro offers advanced search filters, real-time market trends, and advertising tools for real estate professionals, aiming to be the largest and most trusted real estate marketplace in West Africa.
Funding Insights:
Secured $230K in seed (2013) from Spark.
$1.2M in Series A (2016) from Frontier Digital Ventures.
16. Sakneen (Egypt)
Segment: Online Real Estate Marketplace
Funding Stage: Seed
Total Funding: $1.3M
Year Founded: 2019
Founders: Hussein El Kheshen, Ramy Khorshed
Sakneen is an Egyptian proptech company, founded in 2019, that aims to digitize and bring transparency to the real estate market. It provides an online platform for buying and selling residential properties, leveraging technology like AI to offer features such as real-time property valuations (Sakneen Valuation) and comprehensive market insights.
Sakneen also offers digital sales tools for real estate developers to manage inventory and connect with brokers, streamlining transactions and empowering both buyers and sellers with better information.
Funding Insights:
Raised $150K in pre-seed (2020) from Y Combinator.
$1.1M in seed (2021) led by Algebra Ventures.
17. DigsConnect (South Africa)
Segment: Student Accommodation Platform
Funding Stage: Series A
Total Funding: At Least $986,000 (+ Undisclosed Series A)
Year Founded: 2017
Founders: Greg Keal, Alexandria Procter, Brendan Ardagh
DigsConnect is a South African proptech company, founded in 2017, that operates the largest student accommodation marketplace on the African continent. It connects students and young professionals seeking housing with landlords and property managers. The platform offers a secure and user-friendly experience for finding and booking long-term accommodation, with features like verified users and easy communication between parties.
DigsConnect aims to address the student housing crisis by streamlining the search and booking process, and has expanded its reach internationally.
Funding Insights:
Raised $986K across earlier rounds
Undisclosed Pre-Series A (Jul 2022)
Undisclosed Series A (May 2023).
Methodology:
PropTech RoundUp relies on publicly disclosed information from sources like the companies own publicly releases. It primarily focuses on venture capital, and debt financing, excluding non-equity funding.
The data were collected from publicly available databases, acknowledging that numerous raises might occur without public disclosure of amounts, making tracking challenging.