Mexico City-based Naya Homes, a proptech specializing in vacation and short-term rental management, raised a $5 million seed-round to continue its growth throughout Mexico City and Puerto Vallarta. The funding round was led by Flybridge Capital Partners with participation from Primary Venture Partners, Clocktower Technology Ventures, K50 Ventures, Carao Ventures, Trip Ventures, Colibri Equity Ventures, Derive Ventures, in addition to several former executives from Uber’s Latin America team.
Naya Homes uses advanced technology and data science to maximize returns to second home, investment owners, and real estate developers. The platform helps them maximize the profitability of their properties, minimize their operational stress and provide them with greater visibility into real-time financial performance. The proptech offers both full-service operations services and low-touch revenue management.
“At Naya Homes, we’re focused on maximizing returns for real estate investors and homeowners. By removing operating complexity and providing enhanced visibility into financial performance, we will drive tremendous value to owners in destinations across Latin America. Long term, we will leverage our data to unleash the potential of this asset class in the region with other products and services that will enrich the owner experience,” states Humberto Pacheco, Naya Homes Co-founder and CEO.
“We believe Naya can deliver incredible value to numerous stakeholders across the residential real estate value chain at scale,” says Jeff Bussgang, Partner at Flybridge Capital Partners. “Naya’s founding team is incredibly well-positioned, having on-the-ground experience managing operationally intensive businesses in LATAM, ranging from Uber to Sonder.”
This funding follows a $600-thousand pre-seed led by Primary Venture Partners in March 2022.