Proptech Houm raises $8M for regional expansion

LatamListHoum, a Chilean real estate startup, raised a $8M seed round. Investors in the round included Y Combinator, Goodwater Ventures, OneVC, Vast VC, and Liquid 2.

Houm is an all-in-one real estate marketplace that helps homeowners rent and sell their properties. The platform cuts out the realtor by employing freelancers to prepare and manage properties ready for sale. The platform also acts as a guarantor to make the buying process easier.

“In Colombia and Mexico, for someone to be your guarantor, they have to have a property that’s free of mortgage so it can be used as collateral,” said Benjamin Labra, CEO and co-founder of Houm.

Houm recently graduated from the Winter 21 Y Combinator accelerator program. 

The startup currently operates in Chile, Mexico, and Colombia, but plans to expand regionally with the new funding. It will also look to improve the platform’s algorithm and accelerate growth.

Read more on TechCrunch.

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