Data-driven residential real estate platform Habi announced an additional $75 million in credit lines from financial institutions like TriplePoint Capital, as well as other leading fintechs and local banks. This news came just one month after Habi raised $200 million in equity in its Series C led by Homebrew and SoftBank Latin America Fund, which turned the startup into the second Colombian unicorn.
According to the proptech, these credit lines will be used to further expand Habi’s capacity to offer financial services to its consumers to buy and sell their homes through the platform. The company digitalizes and simplifies the process of buying and selling a property. Habi acquires homes, renovates them, and promises to sell them in a period of 45 to 60 days at competitive prices.
“Accessing these new credit lines, just one month after announcing our Series C, reiterates the confidence that several of the world’s most important financial institutions have placed in Habi, and even more importantly, that they continue to bet on our region to improve the quality of life for millions of Latin Americans,” said Habi’s CFO Marcos Kantt.
Founded in 2019 by Brynne McNulty Rojas and Marcos Kantt, Habi currently operates in more than 15 cities in Colombia and Mexico. Last January, the proptech acquired two Mexican online marketplaces: Propiedades.com and Tu Canton.
With over $450 million dollars in capital raised to date, Habi looks to continue expanding its suite of offerings, including iBuyer, brokerage, financial services and marketplace.
