BuyersBuyers.com.au, an IT marketplace connecting homebuyers with buyer's agents, is pleased to announce the completion of its Series A funding round.
Co-founder and CEO Doron Peleg said "we believe that good advice should be a right and not a privilege. This initial funding round will help us to execute on our vision for every Aussie homebuyer to get a fair go in the property market through providing affordable homebuying assistance for all"
"In particular, we're now focusing on large scale marketing and further improvements to our IT capabilities" Mr Peleg said.
BuyersBuyers.com.au is a tech-enabled national online platform connecting homebuyers and property investors to top buyer's agents, to offer expert homebuying assistance from affordable price points.
This is achieved mainly through a combination of an aggressive marketing strategy and strong IT capabilities, leveraging Artificial Intelligence (AI) and Machine Learning (ML). These enable BuyersBuyers.com.au 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, including a variety of services, to address homebuyer's needs, such as finding properties and bidding and negotiating on behalf of buyers.
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, formerly Managing Director of Chobani also holds a Board Advisory role,
CEO Doron Peleg said "we will shortly announce our new Chief Marketing Officer hire from one of the major lenders. Having executives and advisors of this calibre and experience is 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" Mr Wargent said.
