Soho Property Pte Ltd

Soho Property Pte Ltd is an AI-driven real estate platform that enhances property search efficiency for buyers and renters across Australia, delivering personalized recommendations and market insights. Soho Property Pte Ltd, founded in 2017, operates an innovative real estate platform that simplifies property searches in Australia. The company is headquartered in Sydney, Australia. Jonathan Lui serves as both the CEO and Founder, bringing prior entrepreneurial experience to the firm.

In November 2023, Soho raised USD 75,000 from Feedback Ventures, marking its latest funding round, which has brought the total amount raised to USD 750,000. The firm has successfully completed 3 deals to date, with the most recent deal occurring in late 2023. Current company valuation stands at USD 20. 00 mn.

Soho. com. au is an AI-powered real estate platform that specializes in simplifying property searches for buyers and renters across Australia. Its key offering, the PropertyMatch™ engine, utilizes artificial intelligence to deliver personalized property recommendations based on user preferences.

The platform provides access to over 400,000 listings of houses and apartments for sale or rent, catering to home buyers, renters, investors, and real estate agents in major metropolitan areas, including Sydney, Melbourne, Brisbane, and Perth. Additionally, it features market insights, suburb profiles, and facilitates connections to real estate agents to enhance user experience. In 2022, Soho Property Pte Ltd reported a revenue of USD 538,385. 40, with an EBITDA of USD -808,829.

80. The platform employs a free-to-list model for real estate agents, generating revenue through partnerships and collaborations with real estate agencies. This structure allows for direct interactions between buyers, renters, and property listings, while the AI-driven technology helps agents obtain qualified leads and offers users tailored property shortlisting options, thereby enhancing operational efficiency. Following the recent funding of USD 75,000 raised in November 2023, Soho Property Pte Ltd intends to leverage this capital to support its growth initiatives.

The company is focused on expanding its product offerings and enhancing its AI capabilities to improve user experience further. Plans for market expansion include targeting additional metropolitan areas across Australia, with specific timelines for launch yet to be disclosed. The funding will also assist in developing new functionalities within the PropertyMatch™ engine to better serve a growing customer base.