Unlockit funding news – Real-Estate Transaction Management Platform Unlockit Secures €1.4 million in Pre-Seed Round Funding
May 23, 2024 | By Team SR
Portuguese-based Unlockit, a real-estate transaction management platform, Secures €1.4 million in pre-seed round funding. The multinational financial services platform Eaglestone Group led this investment through Eaglestone Capital Partners, the group's venture capital firm. Portugal Ventures and current investors Republica and Reorganiza also participated.
SUMMARY
- Portuguese-based Unlockit, a real-estate transaction management platform, Secures €1.4 million in pre-seed round funding.
- unlockit.io is a Web3 PropTech & GovTech startup that manages real estate transactions using blockchain technology.
Apart from the technological advancement of the platform, the objectives of the investment will be to expand its offer to credit intermediation and initiate the preparation of internationalisation plans for Madrid, Dubai, and São Paulo.
Tiago Dias, founder of Unlockit, said: “This is a clear sign of the potential we believe the project has, especially from our perspective as a public interest startup. The support we have received over the last few years has been the cornerstone of making this round possible, and we are very grateful to be able to continue to count on the support of all those who share our vision for the property and housing sector.”
Pedro Neto, founder and CEO of Eaglestone Capital Partners, commented: “The investment in Unlockit is a major investment in innovation based on a strong team with well-defined objectives, which contributes to improving the business environment in Portugal, and with the potential for international expansion to the Middle East and South America.”
Teresa Fiúza, Executive Vice President of Portugal Ventures said, “Unlockit is a real success story from Call INNOV-ID and we are very proud to continue to invest in its development and share its objectives. This new round will allow us to invest even more in technological development, expand our portfolio of services and open the door to internationalisation. Since the first investment in 2023, Unlockit’s ability to find its place in the market and leverage its technology has been remarkable, and we are confident that its path will be successfully traversed,”.
At this point, the PropTech and GovTech startup is worth €6 million. With VOID Software as a Tech Partner, the company is dedicated to simplifying real estate transactions and fighting speculation and fraud through the use of its blockchain-based software, which is recognised as a Governance technology. The company's goal is to automate and digitise the real estate sector.
Read also - Colendi funding news – Fintech Startup Colendi Secures $65Million Series B Round Funding
One of the platform's primary points of differentiation within the ecosystem is its assurance of the efficiency, security, openness, and full compliance with the General Data Protection Regime of the property buy, sale, and rental procedures.
About Unlockit
unlockit.io is a Web3 PropTech & GovTech startup that manages real estate transactions using blockchain technology. It was founded in 2020 and uses digitalization and automation to digitise contractual processes related to real estate transactions while adhering to European laws regarding data protection, electronic signatures, and anti-money laundering.
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