Agora, a real estate investment management software firm based in NYC and Tel Aviv, has raised $9 million to expand its activity in the United States.
The seed financing was led by Aleph, with participation from River Park Ventures and Maccabee Ventures, along with strategic investors from the US real estate market.
Most real estate funds, developers or family offices waste a vast amount of time and work on managing their data manually, mostly by outdated excel sheets. Agora’s software supports real estate investors during manual Excel-based processes to automated modern workflows.
Agora was founded by Bar Mor, CEO, Lior Dolinski, CPO and Noam Kahan, CTO who met in their army service in the Israeli Defense Forces Elite Unit 8200.
Agora has grown 8x over the last year in the United States, reaching more than $20 billion in Assets Under Management and 6,000 investors using the platform on a daily basis.