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# UAE-based proptech firm Huspy raises $37 million in Series A round
- URL: https://www.techloy.com/uae-based-proptech-firm-huspy-raises-37-million-in-series-a-round/
- Published: 2022-06-21T12:26:18.000Z
- Updated: 2022-12-08T01:43:18.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Proptech, Tech in UAE

[Huspy,](https://huspy.com/) a UAE-based proptech firm has raised $37 million in its Series A funding round led by Sequoia Capital India with participation from other investors. 

- The fund will be used for technology development and to support its growth and expansion plans in UAE, Spain and Europe.
- Huspy is a housing platform offering services in home financing and solving challenges in home buying.
- The firm has reached $2 billion in annualized gross merchandize value since it launched in 2020, it claims.
- Founders Fund, Fifth Wall, Chimera Capital, Breyer Capital, VentureFriends, COTU, Venture Souq, and BY Venture Partners invested in the round.