Property tech and development company raises €10m from state agency
Prop.ie plans to use the funds to develop 46 properties in Co Louth in order to demonstrate its software to other businesses
Prop.ie, a Dublin-based property technology and development business, has raised €10 million in debt financing from Home Building Finance Ireland, the state agency tasked with funding the delivery of new houses.
The business was started in 2017 by Kevin Sands, 28, and is creating technology designed to enable more direct communication between property developers and buyers.
Prop.ie is using the investment to develop 46 properties in Drogheda, Co Louth, in part to demonstrate the efficacy ...