Brazilian proptech Loomy raised $9.4M from EXT Capital.
Loomy develops integrated smart-condo systems using fiber-optic networks, artificial intelligence, and IoT. Its platform connects access control, perimeter security, AI-enabled cameras, and consumption sensors for water, energy, and gas, alongside integrated Wi-Fi. Residents and property managers use Loomy’s proprietary app to manage operations.
Loomy will use the funds to speed up the rollout of contracted projects and support operational growth. Loomy also plans to expand across Brazil and enhance its automation and connectivity solutions to reinforce its ecosystem.
Founded by Marcelo Szeer Loomy, reports more than R$120M in contracted revenue and operates in condominiums across six Brazilian states.
Read more on Startupi
