Property marketplace that cuts out the middle man raises $2.92m

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Property marketplace that cuts out the middle man raises $2.92m

Ohmyhome

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Ohmyhome, a property marketplace from Singapore, today announced that it has raised US$2.92 million series A funding led by Golden Equator Capital (GEC). Ohmyhome aims to make housing transactions simpler, faster, and more affordable. The platform facilitates DIY transactions, offers fixed-rate agent services, as well as on-demand mortgage and legal services.

Since its launch in September 2016, more than 2,000 homes have transacted through Ohmyhome, which represents a combined value of more than US$621 million. It has also saved customers a total of US$14.6 million in commission as of September 2018. To-date, Ohmyhome’s mobile application has recorded more than 200,000 downloads and has an average of 52,000 monthly active users.

One of its previous investors is K3 Ventures.

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