Proptech platform BuyersBuyers completes Series A funding round

Pete Wargent, Co-founder of Proptech platform BuyersBuyers

BuyersBuyers, an IT marketplace connecting home buyers with buyer’s agents, has announced the completion of its $2.5 million Series A funding round.

“We believe that good advice should be a right and not a privilege,” said CEO Doron Peleg.

“This funding round will help us to execute on our vision for every Aussie home buyer to get a fair go in the property market through providing affordable home buying assistance for all.”

“We’re now focusing on large scale marketing and improvements to our IT capabilities.”

What is BuyersBuyers’ speciality?

BuyersBuyers is a tech-enabled online platform connecting home buyers and property investors to top buyer’s agents, to offer expert home buying assistance from affordable price points.

This is achieved through a combination of an aggressive marketing strategy and strong IT capabilities, leveraging Artificial Intelligence (AI) and Machine Learning (ML).

These enable BuyersBuyers to materially reduce costs, and in doing so being able to offer top buyer’s agent services at materially lower prices.

The proptech platform offers its customers a marketplace for buyer’s agent services.

A variety of services to address home buyer’s needs, such as finding properties and negotiating or bidding on behalf of buyers are available on BuyersBuyers.

Impact of BuyersBuyers Series A funding round

Crevan Murphy of tech firm SafetyCulture and will assist with advisory on technology and product development, while the investment round was led by George Barnett of Atlassian.

Peter Meek, former MD of Chobani also holds a Board Advisory role.

CEO Doron Peleg said “Soon, we’ll announce our new CMO hire from one of the major lenders.”

“Having highly experienced executives and advisors of this calibre and experience will be a huge benefit for us, as we accelerate our marketing campaign.”

Co-founder Pete Wargent said, “We are excited be working with Lydian Finance as a strategic affiliate partner on the mortgage lending and advice side of the business. We’re also working on building partnerships with other major players in the real estate space.”