Q1 2026$251M raised3 deals9 new startups84 open roles

Huspy

Find and finance your new home

Huspy is a proptech platform that processes 25%+ of all residential home financing in Dubai. Facilitates over $7B in real estate transactions annually across MENA and Europe. Raised $59M Series B in 2025, expanding into Spain and Saudi Arabia.

FROM THE EDITOR'S DESK

Claiming 25%+ of Dubai's home financing market is an extraordinary number for a startup, and it speaks to how broken the mortgage process has been. Banks traditionally treated mortgages as a relationship product — opaque pricing, slow approvals, terms that vary depending on who you know. Huspy turned that into a transparent, digital-first process.

The $101 million raised reflects conviction that mortgage origination is a wedge into a larger financial services opportunity. Once you own the home-buying moment, you can layer on insurance, home services, and refinancing. Dubai's cyclicality is the obvious risk — a correction reduces transaction volume. The strategic question is whether Huspy remains a marketplace or evolves into a full-stack platform.

TEAM

Jad AntounCEO & Co-founder
Khalid AshmawyCTO & Co-founder

SNAPSHOT

Founded2020
Total Raised$101M
CategoryPropTech
StatusActive
Team Size201-500
LocationDubai, Dubai Internet City

ACTIVITY TIMELINE

Jul 2025Launched AI-powered mortgage chatbot HuspyAI
Jul 2024Raised $59M Series B led by Balderton Capital
Jan 2022Expanded to Spain market
Jan 2021Raised $37M Series A led by Sequoia Capital

FUNDING HISTORY

Jul 2025
Series B$59M
Balderton Capital

NEWS ABOUT HUSPY

Funding News8 months ago

UAE Proptech Huspy Raises $59M Series B to Scale in Europe

Huspy closes $59M Series B led by Balderton Capital to expand its mortgage platform into Spain and Saudi Arabia.

DXB Start·1 min read

OPEN ROLES

Real Estate Agent - Dubai

Onsite·Full-time

Software Engineer

Onsite·Full-time