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Licify Raises $3.4 Million in Seed Funding to Revolutionize the Real Estate Sector in Colombia

Licify Raises $3.4 Million in Seed Funding to Revolutionize the Real Estate Sector in Colombia

July 31, 2023

Bogotá, Cundinamarca - Licify, the pioneering platform reshaping the buyer and supplier interaction within the real estate industry, is delighted to announce the successful completion of its seed funding round, raising an impressive $3.4 million. The funding was secured from esteemed investors including Brick & Mortar Ventures, Dash Fund, Accion Venture Lab, and G2 Momentum Capital, validating Licify's innovative approach and potential for rapid expansion.

Founded by visionary entrepreneur Fernando Olloqui, Licify is headquartered in Bogotá, Colombia, and has already gained remarkable traction in the country's thriving construction market. The platform's groundbreaking service digitally streamlines the process of quotation, purchase, and qualification for builders, developers, and property operators with goods and service providers, transforming how businesses within the industry connect and collaborate.

Licify's cutting-edge platform is the first of its kind in Colombia and has redefined the real estate ecosystem by bringing transparency, efficiency, and convenience to buyers and suppliers alike. By digitizing traditionally manual processes, Licify has greatly improved the overall efficiency of the real estate sector, reducing costs and saving valuable time for all involved parties.

Fernando Olloqui, Founder of Licify, expressed his enthusiasm for the successful funding round, stating, "We are happy with the strong support and trust shown by our investors. This funding will be instrumental in accelerating Licify's growth and bringing our innovative platform to a wider audience. Our vision is to revolutionize the real estate sector not only in Colombia but beyond, and this financing takes us one step closer to achieving that goal."

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