Ohmyhome successfully raised US$5 million in an extended Series A round, increasing its valuation to US$45 million and enhancing its position in the competitive Singaporean real estate market.
Target Company Overview
Ohmyhome, a prominent real estate platform, has successfully raised US$5 million in an extended Series A funding round. This capital injection has driven the company's valuation to US$45 million, marking a significant increase from its previous valuation during the initial Series A raise, which was led by Golden Equator Capital.
Founded with the aim to simplify the real estate transaction process, Ohmyhome offers a user-friendly platform that connects buyers, sellers, and renters. The company leverages technology to provide efficient and transparent services in the property market, distinguishing itself in a competitive landscape.
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Industry Overview in the Target's Country
The real estate industry in Singapore is currently experiencing a transformative phase, driven by technological advancements and shifting consumer preferences. W
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Disclosed details
Transaction Size: $5M
Enterprise Value: $45M
Equity Value: $45M