Dubai - Sharikat Mubasher: PRYPCO, a UAE-born proptech company, successfully raised a pre-Series A funding round led by General Catalyst, a move that solidifies the company’s position as one of the fastest-growing proptech platforms in the region.

The new funding will help PRYPCO expand its offerings and deepen regulatory collaboration, the company announced in a press release today.

The round marks General Catalyst’s first proptech commitment in the Middle East and underscores PRYPCO’s pivotal role in transforming the way real estate is owned, financed, and invested in.

Founded in 2022 by Amira Sajwani, PRYPCO has built an ecosystem that makes real estate more accessible and simpler across investment, financing, and ownership. Since its inception, the company has facilitated nearly AED 10 billion in mortgages, helped over 3,000 individuals secure a UAE Golden Visa, and onboarded over 50,000 users who have invested around AED 20 million across 21 properties through its fractional ownership platform, PRYPCO Blocks.

Commenting on the partnership, Sajwani said: “We’re building the future of real estate, where property ownership is no longer limited by capital, geography, or bureaucracy. General Catalyst backing us at this stage is a major milestone; it validates the urgency of what we are solving and reinforces our role in leading this shift globally.”

For his part, Neeraj Arora, Managing Director at General Catalyst, said: “We are excited to partner with Amira and PRYPCO's team in their mission to democratize real estate investments in one of the world's most dynamic and prominent property markets. With their deep networks & roots in the region, unique insights into the ecosystem, and palpable passion, we believe this team is well placed to build the future of real estate investments in the Middle East.”

PRYPCO is reshaping the real estate market through tokenization, fractional ownership, simplified mortgages, Golden Visas, and digital accessibility for real estate agents.