Proptech Aptuno raises $1.9M for Colombia real estate

LatamList – aptuno, a Colombian proptech startup, raised $1.9M in funding from multiple investors. The round included FJ Labs, Inca Ventures, Magma Partners, Simon Baker, the former CEO of REA GROUP, and various other angel investors.

aptuno is an end-to-end marketplace for residential real estate that provides a seamless and efficient experience for buyers and landlords. The platform uses machine learning to reduce time-to-rent from five months to an average of one month. 

The platform currently operates in Bogotá and recently launched into Medellín. aptuno has experienced a ten-fold growth since its launch in July 2020 and is now looking towards regional expansion, starting with Mexico City.

“Our platform decreases the closing time from weeks to a couple of hours, thanks to the instant and accurate tenant screening process,” said Juan Martin Delgado, co-founder and co-CEO of aptuno. “This is especially valuable for our customers as low vacancy and peace of mind is critical to individual landlords especially in times of economic uncertainty.”

aptuno aims to revolutionize the Latin American rental market by putting data and technology at the center of the transaction process. The startup is following a similar model to that of QuintoAndar in Brazil, or Ziroom in China.