Total amount raised
£8.2 Millions
Latest funding date
09/01/2022
Location
Agora has successfully raised $54 million over two funding rounds, with significant contributions from investors like Aleph and Insight Partners. The platform offers comprehensive real estate investment management tools designed to streamline financial operations and enhance investor relations.
Keep reading to explore the intricacies of Agora's fundraising journey and the investors backing this innovative platform.
What Is Agora?
Agora, founded in 2019, is based in Tel Aviv, Israel. The company was established by Bar Mor, Lior Dolinski, and Noam Kahan.
Agora specializes in real estate investment management, offering a platform that includes tools for fundraising, investor relations, reporting, and financial administration. Their services aim to streamline operations and enhance efficiency for real estate firms.
With a team of 101-250 employees, Agora continues to grow and innovate in the real estate technology sector.
How Much Funding Has Agora Raised?
- Seed Round
- Amount Raised: $5.2M
- Date: December 2020
- Lead Investors: Molten Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial platform and expand the team.
- Convertible Note
- Amount Raised: $3M
- Date: September 2022
- Lead Investors: Molten Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To bridge the gap before the next major funding round and continue product development.
- Series A
- Amount Raised: $20M
- Date: August 2022
- Lead Investors: Aleph, Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product offerings.
- Series B
- Amount Raised: $34M
- Date: May 2024
- Lead Investors: Qumra Capital, Insight Partners, Aleph
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate expansion efforts and enhance product offerings.
Total Amount Raised: $62.2M. Current Valuation: Not publicly disclosed.
Key Investors
- Qumra Capital
- Details: Qumra Capital is an Israel-based growth fund that focuses on investments in fast-growing technology companies. Founded in 2014, it manages over $1 billion in assets.
- Investment Focus Areas: Growth-stage companies, technology, software.
- Notable Investments: JFrog, Fiverr, Riskified (RSKD).
- Insight Partners
- Details: Insight Partners is a global venture capital and private equity firm that partners with high-growth technology, software, and internet companies. It manages over $80 billion in assets.
- Investment Focus Areas: High-growth technology, software, internet companies.
- Notable Investments: Over 800 companies worldwide, more than 55 achieving an IPO.
- Aleph
- Details: Aleph is a venture capital firm that invests in early-stage startups, particularly in the technology sector. It has been a key player in the Israeli tech ecosystem.
- Investment Focus Areas: Early-stage startups, technology.
- Notable Investments: Not publicly disclosed.
What's Next for Agora?
Agora's future looks promising as it plans to expand into new markets such as Central and South America and Australia. The company aims to enhance its product offerings, particularly in operational and financial services like payments, tax, IRA investments, and liquidity solutions. With over 70,000 investors and $150 billion in assets under management, the opportunities for growth are substantial.
Given its impressive growth trajectory, Agora is well-positioned for future fundraising rounds to support its expansion and product development. The company's strong market potential makes it an attractive candidate for additional investments. However, Agora will need to navigate the complexities of expanding into new international markets and manage rapid growth while maintaining high client satisfaction.
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