Agora, a New York-based SaaS startup that provides real estate investment management solutions, raised $34 million in Series B funding.
Investors
The round was led by Israel-based growth fund Qumra Capital, with participation from Insight Partners and Aleph.
Qumra Capital is an Israeli late-stage fund focused on investments in fast-growing technology companies, aiming to transform startups into global leaders in their field. With over $1 billion in assets under management, Qumra has proven expertise in methodically growing a portfolio of strong-performing companies.
Agora Use of Funds
The company will use the funding to accelerate its expansion efforts, and further enhance its innovative product offerings.
About Agora
Founded by Bar Mor, Lior Dolinski, and Noam Kahan, Agora is a fintech/SaaS company dedicated to helping real estate firms raise and preserve capital. They provide a comprehensive software solution that utilizes technology, automation, and real estate expertise to streamline investment management. By automating back-office processes, enhancing investor satisfaction, and offering advanced operational tools, Agora empowers clients to optimize efficiency. Trusted by top real estate firms like Decron Properties, Beachwold, and Electra America, Agora is revolutionizing the industry. The company is based in NYC and Tel Aviv, Israel.
Funding Details
Company: Agora Real Estate Technologies Ltd.
Raised: $34.0M
Round: Series B
Funding Month: May 2024
Lead Investors: Qumra Capital
Additional Investors: Insight Partners, Aleph
Company Website: https://agorareal.com/
Software Category: Real Estate Investment Management
Source: https://www.prnewswire.com/news-releases/agora-secures-34m-series-b-funding-to-drive-growth-and-transform-real-estate-investment-management-302147763.html