Fizbot, a local PropTech startup that develops software for real estate technologies, received a bridge tour investment of $500 thousand to strengthen its field operations in Turkiye and Europe.
Angel investors Burak Dayioglu and Murat Tora are also present in the tour led by LEAP Investment. Fizbot reaches more than 7 thousand customers in 3 countries and provides services to real estate offices and consultants with a special performance platform.
Fizbot, which develops software for real estate technologies in Turkiye and Europe, offers special technology solutions to the real estate sector with its 34-person team in order to enable them to easily keep up with the speed and needs of the service sector, which is becoming more and more digital every day. Continuing its investments in Portugal after Turkiye, Fizbot’s European operations, which started in 2022, continue to grow with over 2,500 paid members.
Growth will accelerate in Europe
Emphasizing that LEAP Investment, which was established in 2021, is the first follow-on investment, LEAP Investment CEO Imran Gurakan said, “Fizbot, where we took part in the seed investment last year and we have witnessed both the competence of the team and the development of the company since then, always excites us with the success it has achieved in Turkiye and globally. We believe that with this bridge round, it will grow faster especially in Europe and open up to other markets. We will hear Fizbot’s name more often in the world of technology with the solutions they offer and the momentum they have achieved in the field of PropTech, where the impact of transformation technologies is most visible and the number of users is increasing day by day.”
More than 500% turnover in a year
Emre Kaya, Founding Partner of Fizbot, which was founded in 2017 by Emre Kaya, Kerem Can Kaya and Can Kansu, said: “We have proven that our success in the Turkish market is not a coincidence, by starting to work with the largest real estate offices in Portugal and Romania in less than six months and acquiring more than 2,500 customers. While we achieved a turnover growth of more than 500 percent in the last year with the European expansion, we started to work on sales and new market investments in many different geographies thanks to our global customer network. We have acquired new customers even from Italy and Spain, where we have not started field sales activities yet, but where we can serve. We completed this investment tour with our existing investors in a short time, and after using it to further strengthen our business model, we plan to strengthen in the markets we are in and open up to new markets with our Series A tour, together with Turkiye and European funds.”
Source: Egirisim / Translated by Irem Yildiz