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# Mexican proptech Around raises $3.8 million for business expansion
- URL: https://www.techloy.com/mexican-proptech-around-raises-3-8-million-for-business-expansion/
- Published: 2022-06-22T18:29:02.000Z
- Updated: 2022-12-08T01:41:14.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Proptech, Mexico

[Around,](https://around.to/) a proptech startup based in Mexico has raised $3.8 million in its seed round funding led by LEAP Global Partners, to expand its business operations. 

- The fund will be used to launch financial products for landlords and workspace rentals, the firm claims.
- Founded in 2020, Around offers fully serviced office spaces for work teams with flexible online selection and payment options.
- With over 130 spaces, the firm has reached $2.5 million in annual revenues, with a plan to expand in Latin America including Brazil and Sau Paulo in the next 12-18 months.
- Latitud Ventures, Ganas Ventures, Gaingels, Unpopular Ventures, August Hill, a16z scout fund invested in the round.