The 5 Most Funded Proptech Startups in ME&A in 2024
The PropTech boom across the Middle East & Africa is reshaping real estate, securing over $250M in funding in 2024. Leading the space is Dubai-based Property Finder, which raised $90M in debt financing to repurchase shares from early investor BECO Capital, bringing its total funding to $232M. Keyper ($40.5M) is digitizing UAE rentals with its Rent Now, Pay Later model, while Agora ($34M) is streamlining investment management for real estate firms across Israel and beyond.
The industrial sector is also seeing tech-driven transformation. Tenderd ($35.8M) is revolutionizing construction logistics using AI-powered equipment analytics, securing $30M from A.P. Moller Holding to expand globally. Meanwhile, Perfect Vision ($20M) is pioneering Industrial IoT solutions in Saudi Arabia, aligning with Vision 2030’s smart infrastructure goals.
Beyond these top five startups, the sector is experiencing record investment activity, with 46% of 2024 funding deals focused on commercialization. As investors double down on AI, embedded finance, and IoT-powered smart cities, PropTech is positioning itself as a critical pillar of MEAPT’s evolving real estate landscape—reshaping property transactions, financing, and infrastructure at scale.
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