Dubai Proptech Keyper Raises $6.5 Mn in Seed Funding for Global Expansion

Dubai's Keyper secures $6.5 million seed funding for global expansion, featured in The National. The proptech firm will enter Saudi Arabia in 2024 and explore other international real estate markets. The investment aims to digitize real estate processes and leverage AI for efficiency.

Dubai Proptech Keyper Raises $6.5 Mn in Seed Funding for Global Expansion
Image: Keyper

Dubai, UAE, October 24, 2023 — Keyper, a Dubai-based property technology start-up, has announced the successful closure of a $6.5 million seed funding round, as reported by The National. The funding was led by Access Bridge, an early-stage venture fund based in the UAE, in collaboration with Vivium Holdings, a single family office. The round also saw participation from Dubai's Middle East Venture Partners, Jabbar Internet Group, and a group of angel investors.

Keyper's expansion plans include entering the Saudi Arabian market in 2024, with further plans to explore opportunities in other global real estate investment hubs, including London, Istanbul, and New York.

The company's mission is to elevate the level of digitization in the real estate sector in the region, starting with the digitization of the rental payment life cycle within the UAE and the development of an investor app for streamlined investment reporting.

Keyper has already integrated artificial intelligence into its operations, leveraging AI in property management, tenant-vetting software, and in their innovative financial solutions, such as rent facilitation products.

Keyper has made substantial progress in the Dubai market, adding over 2,100 freehold residential units valued at approximately Dh4.5 billion ($1.23 billion) to its platform, and partnering with more than 800 landlords. With this significant funding round, Keyper is poised to have a more pronounced impact on the global real estate technology landscape, in line with its mission and the objectives