# UltraGrupo.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ultragrupo-com

- Industry: Internet
- Headquarters: La Paz, Bolivia
- Website: www.ultracasas.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Sep 25, 2018)
- Investors on record: 1

## About

Based in La Paz, Bolivia, UltraGrupo.com, founded in 2014, operates as a comprehensive online real estate portal for buying, selling, and renting properties.UltraGrupo.com is an online real estate platform facilitating property transactions across Bolivia. It was co-founded by Camilo Eid, Carlos Jordan, and Esteban Eid. The company has raised USD 1.1 mn in Series A funding led by IDB Lab as of June 10, 2021, with a total amount raised of USD 1.1 mn and a current valuation of USD 21 mn.UltraCasas operates as an online real estate portal, offering a comprehensive platform for buying, selling, and renting a variety of properties, including houses, apartments, offices, commercial spaces, and land. The user-friendly interface connects property sellers with potential buyers or renters, while allowing users to create and manage "projects" to showcase grouped properties. UltraCasas serves clients across Bolivia, primarily in urban areas like La Paz and Santa Cruz, catering to individual homebuyers, tenants, real estate agents, and property developers.In 2023, UltraCasas reported revenue of USD 25,394,261 with an EBITDA of USD -119,400.6, reflecting the company's financial performance in the real estate market.Following the Series A funding of USD 1.1 mn raised on June 10, 2021, UltraGrupo.com plans to enhance its operational capacity and accelerate technology development, especially in artificial intelligence for processing digital loans. The company aims to broaden its market presence locally while expanding operations to other countries in the region.

## Funding rounds

- Seed, Sep 25, 2018, $0.4M — Seedstars

## Investors

- Seedstars (https://capitalatlas.ai/funds/seedstars) — Seed