TechCrunch Startup News UAE proptech Huspy raises $59M to scale in Europe
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Jul 9, 2025 Discover how Huspy is revolutionizing home buying in the UAE by cutting through the red tape. With a recent $59 million funding boost, the startup is ready to expand into Europe. Learn about the digital solutions they're bringing to the complex world of property transactions and explore the challenges faced in the proptech landscape. Huspy's innovative network-based model is paving the way for a smoother, more efficient home purchasing process.
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Founding Huspy from Pain Points
- Jad Antoun started Huspy after witnessing lengthy mortgage paperwork delays and price discrepancies in Dubai banks.
- His experience inspired a digital home buying platform that rapidly grew in the UAE.
Innovation in Tough Proptech Market
- Huspy developed a repeatable and efficient city launch playbook with strong AI tools for brokers, raising industry standards.
- This positions them well in a challenging proptech sector amid global market pressures.
Uber-Like Model for Real Estate
- Huspy operates using a network-based model connecting freelance agents with property leads and mortgage integration.
- This approach resembles Uber more than traditional brokerages, reducing overhead and increasing efficiency.