Nomad Homes is a marketplace for residential real estate listings across Europe and the Middle East, building an MLS-like infrastructure in markets with fragmented transaction processes. The company was co-founded in 2019 by Helen Chen, Daniel Piehler and Damien Drap and currently operates in France, Spain, Portugal and the United Arab Emirates. In February it launched Nomad Agent, a B2B network that enables real estate agents to collaborate and standardize commission sharing. Nomad is also expanding mortgage capabilities and developing an AI-powered co-pilot to provide automated recommendations to buyers. Management reports revenue growth of 6x year over year and 24x since its Series A, and the team has grown to over 100 employees. The company says gross margin is already above 80% and is forecasted to increase, supporting a target of reaching profitability by early next year. Nomad Homes is creating a personalized house-hunting platform and its own MLS to simplify buying across Europe, the Middle East and Africa. The product matches buyers to properties via a "style quiz" and pairs technology with local customer-service experts to support search, financing and document signing. The platform is live in Paris and Dubai and the company is expanding into Southern Europe while building teams in the United States and Europe. Transaction volumes grew more than 16x in the first half of the year. The company has a team of 32 and plans to double headcount by year-end. Nomad Homes was founded in 2019 by Helen Chen, Dan Piehler and Damien Drap; the founders have backgrounds at Blackstone, Addepar and Uber, and Chen left Stanford GSB to start the company. A portion of the new funding will be used to accelerate into new markets, invest in technology and product (including fintech offerings), and grow the team. Nomad Homes is a Dubai, UAE-based proptech startup that provides a tech platform enabling people to buy and finance homes. Founded in 2019 by Helen Chen and Dan Piehler, the site is designed to offer an enhanced end-to-end experience, including financial products that facilitate deals. The company raised $4M in seed funding to support its growth. It intends to use the funds to expand operations, develop its platform and extend its business reach internationally. The core product combines property discovery with financing solutions to streamline home purchases.

Total raised

$44M

Funding rounds

3

Latest round

Series A

Latest activity

Oct 2023