PROPZY
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 Internetโs 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 Deloitteโs Fast50 winner. In 2009 John Le returned to Vietnam to found Vietnamโs first international credit bureau along with operating and financial partner TransUnion.
PROPZY
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
Founder
Investors List
Insignia Ventures Partners
Insignia Ventures Partners investment in Series A - Propzy
Softbank Ventures Asia
Softbank Ventures Asia investment in Series A - Propzy
Gaw Capital Partners
Gaw Capital Partners investment in Series A - Propzy
FEBE Ventures
FEBE Ventures investment in Series A - Propzy
RHL Ventures
RHL Ventures investment in Series A - Propzy
Breeze Ventures
Breeze Ventures investment in Series A - Propzy
Next Billion Ventures
Next Billion Ventures investment in Series A - Propzy
Insignia Ventures Partners
Insignia Ventures Partners investment in Convertible Note - Propzy
GS Shop
GS Shop investment in Convertible Note - Propzy
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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