We’re excited to share that Agora has successfully closed its $34 million Series B funding round. This significant milestone, led by Qumra Capital and joined by past investors Insight Partners and Aleph, marks a pivotal moment in our journey to revolutionize the real estate investment industry.
The Agora story: Reshaping the future of real estate investment management
Agora was founded in 2019 by co-founders, Bar Mor, Lior Dolinski and Noam Kahan whose strong background in real estate creates a unique understanding of their customers, the business, and the needs of the industry.
As a result, Agora’s comprehensive solution for real estate professionals has made a significant impact in the industry. By streamlining operations, enhancing efficiency, and delivering exceptional experiences to our clients, we have become a trusted partner for managing over 70,000 investors and $150B AUM (assets under management) across every asset class.
Agora’s visionary approach, exceptional leadership, and market expertise, combined with their transformative solutions, have significantly reshaped the real estate investment landscape. Having followed their progress over the past couple of years, we’re particularly excited to lead this funding round as we believe in Agora’s potential to become the industry’s standard. Agora represents the new generation of startups that grew rapidly but efficiently during the global downturn and are now ready for their next massive expansion phase. With their track record of execution and dedication, Agora is well-positioned for remarkable growth and continued success as they expand their SaaS solution into new markets and services.
Sivan Shamri Dahan, Managing Partner at Qumra Capital.
Despite a challenging environment for the tech and real estate industries, Agora has achieved remarkable milestones and growth, highlighting the indispensable value of our solutions. Year-over-year, our revenue has tripled as we provided comprehensive investment management solutions and launched tech-enabled financial services, including expert tax, bookkeeping, and international money transfer services.
What’s next: Growing the best real estate investment management experience in the market
With this funding, we’re doubling down on research and development that will enable us to continue to provide the best real estate investment management experience in the market and also to further our expansion into operational and financial services, providing you with the solutions you deserve to streamline your operations and grow your business.
“We are thrilled to secure this significant investment, which is a testament to the strength of our platform and the promise it holds for reinvigorating the real estate investment industry. This funding will empower us to expand our company, allocate resources towards research and development, particularly in operational and financial services such as payments, tax, IRA investments, and liquidity solutions, and continue building the best real estate investment experience in the market.”
Bar Mor, Co-Founder and Chief Executive Officer of Agora.
While we currently operate predominantly in North America, Europe, and Israel, we are poised to expand our presence to additional markets, including Central and South America and Australia.
“Agora’s strong momentum since our investment comes on the backs of their continued international expansion and launch of new, differentiated products and services. This is all enabled by the team’s deep understanding of the pain points facing real estate developers and investors. We’re excited to double down on our partnership with Agora.”
Jon Rosenbaum, Managing Director at Insight Partners
Agora’s exciting future of growth
Agora’s success story is a testament to our unwavering commitment to excellence and ability to adapt to changing market conditions. With this new funding, we are poised for future growth.
We extend our deepest gratitude to our talented team and loyal customers for their unwavering support. Together, we are transforming the real estate investment management landscape.
