Propertymate, an Austin-based proptech startup that helps homebuyers to search, compare, and buy newly constructed homes, has raised $5.5 million in seed funding.
According to the company, the new infusion of funds will enable it to rebrand as NewHomesMate and expand its operations to eight more U.S. markets – it currently operates in Austin, Dallas, Houston, Orlando, Jacksonville, Tampa, San Antonio, Miami – Fort Lauderdale, Raleigh-Durham and Ocala-Gainesville.
Dan Hnatkovskyy and Sofia Vyshnevska launched the company in 2020 and raised $1 million in a 2021 pre-seed round led by Pragmatech Ventures, who joined as investors in this round as well.
“Within the next year, we plan to launch another eight markets, including Atlanta, Phoenix, Charlotte, Charleston and Denver,” said Hnatkovskyy.
