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REA Group

511 Church Street, Richmond, VIC, 3121, Australia

Overview

REA Group Limited (ASX:REA) is a digital business specialising in property. Listed on the Australian Securities Exchange (ASX) in 1999, the Group operates Australia’s No.1 residential and commercial property websites, realestate.com.au and realcommercial.com.au, as well as the market-leading Italian property site, casa.it, and other property sites and apps across Europe and Hong Kong.

Total investments
2
Lead investments
2
Investments · 12mo
0
Active investors
8

Sector focus

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Investment portfolio

  • Jitty

    Led · Seed · Aug 2025

    Jitty offers an AI-powered, image-first home search platform that combines large language models, computer vision, and natural language search to help buyers find and evaluate properties. The product acts as a home-buying assistant with deep context, enabling complex searches, collaborative shortlisting, annotation, and shared decision-making. Jitty does not charge estate agents for listings or leads, prioritising transparency and buyer experience over agent fees. Since launching in 2023 the platform has powered over 250,000 property searches and established partnerships with estate agents including Nested, Meyers, Boardwalk, and Keller Williams Scotland. The team is 50% female and plans for the fresh funding include expanding UK supply and agent partnerships, launching rental offerings, growing the team, enhancing AI features, and pursuing international expansion after UK traction. Jitty builds an AI-based property search engine that extracts information from floor plans and understands photos and textual descriptions to show users comprehensive details about homes. The product is designed to surface “every thing about every home” by combining floor-plan reading with image and description understanding. The company is co-founded by Graham Paterson, James Storer and Daniel Cooper and is based in London, UK. Jitty raised funding to support its development efforts and further advance its product. The announced financing is intended to expand the team’s development work and accelerate product capabilities.

  • Managed App

    Led · Equity · May 2022

    Managed App offers an automated payments platform that streamlines trust accounts and accounting for property owners, agents, tenants and tradespeople. The company processes payments and automation to reduce manual entry, theft and fraud risk in property management. It reported 58,000 users (18,500 owners, 23,000 tenants and 5,500 tradespeople) and has surpassed $1 billion in transactions processed. Founded in 2017, Managed App is building an ecosystem of agents, brokerages, tenants, owners and tradespeople and has a lending partnership with Possibl. Century 21 recently chose Managed App as its preferred technology partner, supporting nationwide growth. The company says it will use the capital to expand sales, marketing and development teams and aims to double its user base over the next year.

Team