# PropertyGuru Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/propertyguru-pte

- Industry: Commercial Property
- Headquarters: Singapore, Singapore
- Website: www.propertygurugroup.com
- Total disclosed funding: $233M
- Latest round: Series F (Sep 7, 2020)
- Investors on record: 7

## About

Founded in 2006 and based in Singapore, PropertyGuru Ltd operates as a provider of an online marketplace that helps users in buying, selling, and renting commercial properties. Jani Rautiainen and Steve Melhuish co-founded the company. The company operates through property agents across Indonesia, Malaysia, Singapore, Thailand, and Vietnam. In August 2021, PropertyGuru raised USD 146.95 million in Series G funding from REA Group. The company trades on the New York Stock Exchange (NYSE) under the ticker symbol PGRU. In August 2024, EQT agreed to acquire PropertyGuru Pte. Ltd. from REA Group, KKR, and TPG for approximately USD 1.1 billion, or USD 6.7 per share, in an all-cash, public-to-private deal. PropertyGuru provides proptech solutions utilizing AI (artificial intelligence) and AR (augmented reality) that enable buyers, renters, and investors to search for properties in various locations within Southeast Asia. PropertyGuru also offers home loan financing and guidance for property buyers.

## Funding rounds

- Series F, Sep 7, 2020, $44M — KKR, TPG
- Series E, Jan 30, 2020, $20M — KKR, TPG
- Series D, Oct 12, 2018, $137M — KKR
- Series C, Jan 23, 2017, $7.1M — TPG, Square Peg, PT. Kreatif Media Karya
- Series B, Jun 22, 2015, $25M — TPG, Square Peg, PT Elang Mahkota Teknologi Tbk
- Seed, Jan 1, 2008 — Upstream Ventures, Tigris Capital

## Investors

- Upstream Ventures (https://capitalatlas.ai/funds/upstream-ventures) — Seed
- Tigris Capital — Seed
- TPG (https://capitalatlas.ai/funds/tpg) — Series B, Series C, Series E, Series F
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series B, Series C
- PT Elang Mahkota Teknologi Tbk — Series B
- PT. Kreatif Media Karya — Series C
- KKR (https://capitalatlas.ai/funds/kkr) — Series D, Series E, Series F