Photo - PropTexx Pte Ltd
51498

PropTexx Pte Ltd

Introducing your very own Professional Real Estate Hub.

Singapore
Market: Real estate
Stage of the project: Operating business

Date of last change: 07.03.2021
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Idea

PropTexx offers to the real estate market a platform with access to professional photographers, property landing pages, content (2D, 3D floor plans, 3D tours, pre-build tours and modelisation, photo enhancement, staging...), e-commerce and booking, marketing access for properties and much more, all white labeled for real estate professionals and scaled.

Current Status

We launched PropTexx into revenue late 2020 with revenue during the first 2 months of 2021 at $70k and looking at revenue for this month of March at another $70k and steep growth onwards. Funding is to sustain that growth into stronger marketing awareness with our products and services.

Market

B2B Real Estate Professionals Globally. We are talking hundreds of millions of potential clients.

Problem or Opportunity

There is a disconnect between professionals who need quality real estate media content with showcasing capabilities and those who provide.

Solution (product or service)

PropTexx offers a unified system designed to benefit the Real Estate market on all sides with access to professional content creation and features for real estate professionals.

Competitors

None with a holistic approach.

Advantages or differentiators

Our holistic approach is the main differentiator and access to quality with turn-around speed and prices.

Finance

Key numbers today are: 20% conversion rate within the content purchase section of the platform, $131 average transaction, +80% growth per month, 8% of the revenue is already SaaS revenue for White Label Platforms.

Business model

The main growth driver is through White Label Resellers

Money will be spent on

HR, Tech and Marketing

Offer for investor

Seed round against 20%. The raise is $500k against 20% with 50% already in the bank.

Team or Management

Risks

Underfunding to start with to sustain the growth curve we are experiencing.

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation