Huspy provides end-to-end digital tools that connect buyers, freelance agents, and banks to streamline property search, CRM, transaction support, and mortgage pre-approvals. It operates a network-based model (rather than owning inventory) where freelance agents access leads from marketplaces like Property Finder and Idealista while Huspy supplies CRM, transaction support, and integrated mortgage products through banking partnerships. The company says it captured 30% of the UAE mortgage market (25% in Dubai), has helped over 25,000 people buy homes, and facilitates over $7 billion in transactions. Revenue comes from commissions and success fees from agents and banks, and Huspy reports revenue growth of more than 10x since 2022 and claims over 20x year-on-year growth in Spain. It already operates in six Spanish cities and says it is one of the top three real estate companies in Valencia by transaction volume. Huspy plans continued expansion across Europe and the Middle East, including a launch in Saudi Arabia and a goal to operate in over 10 cities by the end of 2025. Huspy is a proptech company building a one-stop ‘super app’ that connects property search, purchase, financing and ancillary services (furnishing, maintenance, property management). Headquartered in Dubai with offices in Madrid and Abu Dhabi, Huspy places real estate agents at the center of transactions and has launched a ‘super app for agents’ in Madrid. It also operates in the Spanish mortgage market through two brands: Bayteca for residents and Mortgage Direct for non-residents. Huspy opened its first European “Agent Hub” in Madrid and has plans to expand to additional Spanish cities as part of a broader European rollout. Since its creation three and a half years ago, the company has facilitated more than €5.5 billion in housing transactions and helped over 13,500 people purchase properties. The firm aims to double its activity in Europe and become the largest home‑buying company in Europe and the Middle East. Huspy offers a suite of digital solutions for buyers, property agents, and mortgage brokers, including a home finance product that scrapes banks weekly to provide mortgage quotes and loan locks in minutes. It also operates a property marketplace that lists verified properties (integrated via agency CRMs), lets users book visits, and completes transactions on customers' behalf. The company claims to process $2 billion in annualized GMV, is growing revenue 25% month-on-month, closes transactions three times faster than other platforms, and reports a conversion rate north of 90%. Huspy monetizes by charging banks 1% per mortgage transaction and charging real estate agencies 2–3% for closed transactions. Founded in 2020 by Jad Antoun and Khalid Ashmawy and operating across Dubai and Madrid, Huspy acquired Dubai-based Home Matters in January to ramp up growth. The company says it is the market leader in the UAE and plans to double down on growth in the UAE and Spain, expand into other parts of Europe, and invest in technology and product development.

Total raised

$96M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2025