
eVoost AI, an Abu Dhabi-based proptech startup has raised US$2.2 million in a funding round led by First Drop VC.
The company plans to use the investment to improve its AI-powered home sales platform and expand its business into more international markets.
The funding round also saw participation from an investment vehicle connected to Hub71 and supported by Mubadala Investment Company.
Strategic investors and angel investors from markets such as Romania and the United Arab Emirates also joined the round.
The company said it currently handles more than $3.5 billion worth of real estate projects through commercial agreements in Europe, the United Arab Emirates, and the United States.
Its AI-powered platform helps property developers understand buyer demand before construction is finished. This allows developers to improve pricing, marketing, and sales strategies using AI insights and customer behaviour data.
“This round allows us to accelerate the construction of an intelligent operating system for residential commercialisation,” said Cristian Pastrana, co-founder and CEO of eVoost AI. “Our goal is to transform a traditionally fragmented and analogue sector into one governed by data, AI, and automation.”
“At First Drop, we believe access to housing is one of the major global challenges,” Nieto said. “Many developers still build without truly understanding their end customer. eVoost’s technology identifies demand and optimises sales even before construction begins.”
Founded in 2024 by Cristian Pastrana and Koh Onozawa, eVoost AI is developing a smart real estate platform that uses artificial intelligence, data analysis, and automation to make residential property sales faster and more efficient.
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