Downsizer (market-facing brand of Block Builder Pty Ltd) develops a SaaS platform at the intersection of fintech, proptech, and insurtech focused on the 50+ downsizer market. Its core product, the Deposit Power Downsizer Bond, lets homeowners use home equity to back a deposit bond and secure a new dwelling without a cash deposit; the product is also available to investors including SMSFs. The platform includes digital content and market insights for lead generation, a national off‑the‑plan property marketplace, and a real-time sales dashboard for developers. Downsizer runs on R3 Corda blockchain technology to enable faster geographic expansion to similar markets. The company targets property developers, agents, financial advisors, mortgage brokers, lenders, insurance brokers, and underwriters engaging Baby Boomers and Gen Xers. Founded in 2019 and based in Sydney, the startup says the new funding will accelerate growth of its technology and commercial partnerships.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2023