Tiger Global leads $35m Series A funding for ArchiPro

11 Mar 2022 12:54 PM | Mike Hearn (Administrator)

Local online building marketplace, ArchiPro, has big plans to grow in Australia after raising $35 million from investors led by a New York-based private equity firm, Tiger Global.

The Series A funding round was supported by local Icehouse Ventures and Liger Trading. 

ArchiPro's website helps to connect people who want to renovate or build  home with possible product suppliers or architects.

ArchiPro Chief Executive, Milot Zeqiri, said that: “They can now hire more staff, develop products and capitalise on its rapid expansion across the Tasman. The growth in Australia has been really good for us. The uptake has been incredible, and we've been able to sign up more clients in the six months that we've been live in Australia than it took us about two years to sign up in New Zealand.” 

RNZ article  https://www.rnz.co.nz/news/business/463107/digital-building-marketplace-operator-eyes-australia-expansion

Source: www.nzprivatecapital.co.nz