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# Singapore-based proptech 99 Group secures $52 million in Series C round
- URL: https://www.techloy.com/singapore-based-proptech-99-group-secures-52-million-in-series-c-round/
- Published: 2022-07-28T12:45:32.000Z
- Updated: 2022-12-07T23:06:13.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Proptech, Tech in Singapore

[99 Group,](https://www.99.co/) a proptech startup based in Singapore has secured $52 million in its Series C funding round led by Gaw Capital Partners.

- $37 million of the raise has been completed while the remaining $15 million will be closed in the coming months.
- The firm will invest the funds in its markets in Singapore and Indonesia, in leading innovation in the real-estate space, research and development, and expand to new geographies in Southeast Asia.
- 99 Group is a real estate technology company that operates real-estate portals across Southeast Asia, with a speciality in digital property advertising. It is currently operational in Singapore and Indonesia with over 350 employees.
- The property company has 8xed its sales growth in the Q1 of 2019-2022 and 4xed its traffic to 30 million per month in the same phase.