Gavl provides live streaming and bidding technology and a mobile app for real-estate auctions, capturing all bids for analytics and real-time result sharing. Launched in December 2016 by Joel Smith, Leith Donaldson and Michael Artup, the platform has enabled 200 Australian real estate agencies to broadcast 3,500 auctions and reach 2.5 million views. Its app has been downloaded in 44 countries and the company now employs a permanent staff of 25. Gavl’s technology records every bid, which it uses to provide bidding analytics and to share auction results in real time. The company intends to use new funds to continue developing its technology and to expand its sales teams. Prior to this round the business was bootstrapped with $300k from Smith and his father-in-law and received earlier investment to support product launches.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2017