BuyersBuyers launches second round of funding
The national marketplace linking potential home buyers to agents BuyersBuyers has launched an additional follow-up investment round following its first round in June last year.
The funds raised will be used to enhance the company’s development strategy including B2C direct to customer advertising and B2B union with industry players.
Doron Peleg, CEO of BuyersBuyers is keen on expanding all areas of business and investing and attracting top talent to develop their creative marketing plan.
Peleg has ‘big plans’ for this year and beyond to fuel the company’s growth and development with the new round of capital raised.
“This will give us another 18 months of runway and will provide us with the opportunity to intensify our B2B referral program, continue our B2C marketing strategy, realise the potential of BuyersBuyers Home Loans, and invest in truly innovative R&D that will change the face of property buying forever,” he said.
He added that the company managed to increase the value of deals committed seven-fold and has increased the value of deals in the pipeline by 13 times during the past three months.
“Because of our strong traction, we have received commitments from some of our investors before even opening the round, with strong interest from investment funds and HNWI,” he said.
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