7 years ago

Smart Crowd Secures $600,000 Seed Funding Led by Shorooq Investments

  • Smart Crowd, a real estate crowdfunding platform based in Dubai, has successfully closed its Seed funding round, raising $600,000 from investors including Shorooq Investments, Abaxx Technologies, and 500 Start-ups

  • The funding will be used to accelerate Smart Crowd's growth and continue to invest in its revolutionary technology

  • Smart Crowd currently operates under an Innovation Testing License (ITL) from Dubai's Financial Services Authority (DFSA) but plans to pursue a full license, which would allow citizens around the world to invest in other parts of the world from the convenience of Smart Crowd's platform.

      • ProblemReal Estate

      "Investing in real estate requires significant upfront capital and often involves long holding periods with limited liquidity, making it inaccessible to many."

      Solution

      "Smart Crowd is a real estate crowdfunding platform that allows users to invest in properties with as little as AED 5,000, providing access to a typically exclusive market and potentially generating faster returns."

      Covered on