LatAm List – Kzas, a Brazilian proptech platform, recently announced a $4M seed investment led by Redpoint eventures.
“We invested in Kzas because the company is well-positioned to drive significant change in the market through innovation. The co-founders are leveraging their enormous experience in the sector, combined with the latest technology, to solve a huge problem,” said Rodrigo Baer, Partner at Redpoint eventures.
The platform users are supported by a virtual assistant named Kimi that promotes kazamentos (from the word “casamentos” which means marriages in Portuguese) between home buyers and sellers.
Kimi analyzes needs, availability, documentation, and credit, and then suggests matches between properties and buyers based on compatibility.
“Our main objective is to turn this market right side up by focusing on the buyer. We provide an extraordinary and transparent shopping experience, in which the consumer feels safe, confident and, above all, valued,” said Eduardo Muszkat, Kzas CFO.
Upon closing a deal, Kzas rewards buyers with 1% of the transaction value and also makes a donation on their behalf to TETO, a nonprofit organization in Latin America that seeks to overcome poverty by building houses in communities in need, truly helping transform the housing market in Brazil in a broader sense.