Proptech Prypco secures pre-series A round led by General Catalyst

Prypco lands pre-series A funding from General Catalyst: UAE-based proptech platform Prypco secured an unspecified amount of pre-series A funding from a round led by venture and investment firm General Catalyst, according to a press release.

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What’s next? The funds will go toward expanding Prypco’s offerings, advancing regulatory collaboration, and growing its regional footprint, the statement read. The firm previously raised USD 10 mn in a seed funding round.

About Prypco: Founded in 2022 by Amira Sajwani (LinkedIn), the proptech firm merges real estate, tech, and residency services, enabling digital-first property investment. To date, over 50k users have invested nearly AED 20 mn across 21 properties through Prypco Blocks — its fractional property ownership platform, while its tokenized property investment platform Prypco Mint partnered with Dubai Land Department to tokenize title deeds.