Houm raises $1.3M to expand further into Chile

houm proptech house

LatamListHoum, a property marketplace, raises $1.3M from Fen Ventures, Magma Partners, and Fondo Alerce.

Houm is a platform for property owners to advertise their properties through an online marketplace. Potential tenants can book a virtual tour of a property through the platform, and after deciding on a place, can sign a lease without the need of a co-signer. These features are particularly attractive during the COVID-19 pandemic. 

The proptech also uses AI algorithms to recommend an optimal rent value to owners for their properties. 

Houm was founded by Benjamin Labra and Nicolas Knockaert in September 2018 in Chile. 

The startup plans to expand further into the Chilean market, hire additional staff, and improve the platform’s technology with the most recent round of funding.

Read more on Magma Partner’s blog.

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