Propic Secures $6m Series A Investment
Henslow is pleased to announce that Propic has successfully completed its Series A raising of $6m.
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.
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’s CEO and founder Jeffery Gray was on the Domain executive team during ACM Executive Chairman Antony Catalano’s 4 year stint as Domain CEO.
Henslow acted as Corporate Advisor to Propic. This raising adds to Henslow’s proven track record of raising capital for growing companies, both private and ASX listed.