Mirath Investments
16E, Silver Tower, Cluster I Jumeirah Lakes Towers, Dubai, United Arab Emirates
Overview
Mirath is a boutique investment firm that uses its funds to help & create a more sustainable environment for future generations.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Lhoopa
Participated · Equity · Jul 2024
Lhoopa operates a technology platform that uses machine learning and AI to analyze listings, identify undervalued properties, and digitize bureaucratic workflows for brokers, contractors and other stakeholders. The company partners with local brokers and contractor groups rather than selling directly to end customers, providing dedicated apps for brokers and contractors to coordinate listings, work progress and payments. Lhoopa monitors around 9,000 areas across the Philippines and has sold over 2,500 affordable houses in more than 58 cities. The firm employs 95 people and works with roughly 5,000 agents and 100 contractor groups. Lhoopa plans to expand its customer base to include people without full-time employment (eg, gig workers) and aims to enter at least one other Southeast Asian country within the next 18 months. Management says the company is already profitable and will use new capital to grow real estate acquisition and construction operations.
Team
No current team members are available.