PROPZY

propzy-logo

Propzy is a full-stack real estate platform that originates and facilitates property sale and leasing transactions in Vietnam. By combining a real estate marketplace on the front end with logistics, documentation, and transaction services on the backend, Propzy has created a strong value proposition for consumers and has established a clear competitive advantage in Vietnam. Vietnam has a total population of 92m with a very high mobile penetration rate of 147%. By 2017 all 4 major mobile opera... tors had been issued 4G licenses, providing the platform for strong increases in Internet and smartphone penetration. Strong listing growth in 2017 is expected to significantly drive revenue growth due to the transaction focused business model. In Q1 2017, Propzy facilitated a total of $190mm in property transactions with an average share of the total commission of 0.40% and is currently on track for $300mm for Q2 (150% QoQ growth). In 2015 there were a total of 357k property sale transactions in Vietnam, with potential agency commissions for the whole Vietnamese market as high as US$1bn. The CEO and founder of Propzy, John Le, is a highly successful entrepreneur having founded and sold several technology businesses in North America. In 1999, he founded one of the Internetโ€™s first mortgage trading platforms (LoanTrader) and attracted top tier investors including Goldman Sachs, Citigroup and Koch Industries. John Le has been awarded the Ernst & Young Entrepreneur of the Year (Orange County) and Deloitteโ€™s Fast50 winner. In 2009 John Le returned to Vietnam to found Vietnamโ€™s first international credit bureau along with operating and financial partner TransUnion.

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PROPZY

Social Links:

Industry:
Marketplace Real Estate Social Media

Founded:
2014-07-01

Address:
Ho Chi Minh City, NA - Vietnam, Vietnam

Country:
Vietnam

Website Url:
http://www.propzy.vn

Total Employee:
501+

Status:
Active

Contact:
+842873066099

Email Addresses:
[email protected]

Total Funding:
33 M USD

Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Font API Google Analytics Apple Mobile Web Clips Icon Google Tag Manager WordPress Content Delivery Network


Current Employees Featured

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John Le
John Le CEO & Founder @ Propzy
CEO & Founder
2015-09-01

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Chau Tran Hai
Chau Tran Hai VP, Finance and Administration @ Propzy
VP, Finance and Administration
2015-09-01

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Quang Tran Hong
Quang Tran Hong Operation Director @ Propzy
Operation Director
2021-08-01

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Donald Henig
Donald Henig President @ Propzy
President

Founder


john-le_image

John Le

Investors List

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Insignia Ventures Partners

Insignia Ventures Partners investment in Series A - Propzy

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Softbank Ventures Asia

Softbank Ventures Asia investment in Series A - Propzy

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Gaw Capital Partners

Gaw Capital Partners investment in Series A - Propzy

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FEBE Ventures

FEBE Ventures investment in Series A - Propzy

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RHL Ventures

RHL Ventures investment in Series A - Propzy

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Breeze Ventures

Breeze Ventures investment in Series A - Propzy

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Next Billion Ventures

Next Billion Ventures investment in Series A - Propzy

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Insignia Ventures Partners

Insignia Ventures Partners investment in Convertible Note - Propzy

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GS Shop

GS Shop investment in Convertible Note - Propzy

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Frontier Digital Ventures

Frontier Digital Ventures investment in Convertible Note - Propzy

Official Site Inspections

http://www.propzy.vn Semrush global rank: 797.72 K Semrush visits lastest month: 49.16 K

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