Ohmyhome raises US$2.9m in Series A funding round

28 Sep, 2018
1 min read
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Ohmyhome, a Singapore-based proptech marketplace, announced that it has raised S$4 million (US$2.93 million) Series A funding led by Golden Equator Capital (GEC), Singapore's award-winning fund management company. The investment will support the proptech market leader’s expansion into Southeast Asia, as they continue to simplify property transactions for both buyers and sellers.

Since its launch, more than 2,000 homes have transacted through Ohmyhome which represents a combined value of more than S$850 million. It has also saved customers a total of S$20 million in commission as of September 2018. To-date, Ohmyhome’s mobile application has recorded more than 200,000 downloads and has an average of 52,000 monthly active users.

Read more on Digital News Asia.