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Flat.mx raises $20m in Series A funding

Mexico City based real estate super app for Latin America raised $20m in Series A funding led by Anthemis and 500 Startups.

“The real estate market in Mexico is broken,” said co-founder Bernardo Cordero. “One of the biggest problems is that it takes sellers anywhere from six months to two years to sell. So we launched the most radical solution we could find to this problem: an instant offer. This product allows homeowners to sell in days instead of months, a fast and convenient experience they can’t find anywhere else.”

Tags

mexico city, emerging markets, proptech