Hipflat Pte. Ltd.

Hipflat Pte. Ltd. is a real estate technology company that offers a digital platform for connecting buyers, sellers, and renters with diverse property options across Southeast Asia. Founded in 2013 and headquartered in Bangkok, Thailand, Hipflat Pte.

Ltd. operates as a real estate technology firm. The company focuses on creating an online platform for property transactions, facilitating connections between users and real estate listings. Hipflat has successfully raised a total of USD 0.

25 mn in funding through a SEED round led by Xplorer Capital, with its most recent funding occurring on October 12, 2017. The company's valuation stands at USD 2. 25 mn, reflecting its growth trajectory since inception. Hipflat has conducted a total of 3 deals to date.

Hipflat provides a user-friendly online platform that connects buyers, sellers, and renters in the real estate market. Users can search for residential and commercial properties, view detailed listings with photos, and access market analytics. The platform is tailored to address the challenges of property searching, making it efficient for users to find suitable options. Their services target individual home buyers, real estate agents, and property developers in markets including Thailand, Malaysia, and Indonesia, where the demand for digital real estate solutions is increasing.

Hipflat generates revenue from various streams, including subscription fees for real estate agents and charges for property listings. Real estate professionals subscribe to premium services that enhance listing visibility and provide access to detailed market analytics. The business model combines both direct-to-consumer and business-to-business sales, enabling agents to effectively connect with potential clients through featured listings and tailored marketing tools for the real estate sector. Hipflat Pte.

Ltd. aims to expand its offerings by launching new products designed to enhance user engagement and improve the property search experience, although specific release dates have not been disclosed. The company plans to target expansion into additional Southeast Asian markets beyond its current focus on Thailand, Malaysia, and Indonesia. The recent funding of USD 0.

25 mn will support these initiatives, allowing Hipflat to invest in product development and regional marketing efforts. In October 2017, Hipflat also secured venture financing led by Aucfan Co. , Ltd. , which will aid in scaling operations as the company seeks to broaden its market presence.