Close Menu
TechBrunchTechBrunch
  • Home
  • AI
  • Apps
  • Crypto
  • Security
  • Startups
  • TechCrunch
  • Venture

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Google pays $30 million to resolve lawsuits against children's YouTube data

August 19, 2025

Discover how developer tools are shifting rapidly in Disrupt2025

August 19, 2025

Databricks CEO says a fresh billion dollar will help him attack the new AI database market

August 19, 2025
Facebook X (Twitter) Instagram
TechBrunchTechBrunch
  • Home
  • AI

    OpenAI seeks to extend human lifespans with the help of longevity startups

    January 17, 2025

    Farewell to the $200 million woolly mammoth and TikTok

    January 17, 2025

    Nord Security founder launches Nexos.ai to help enterprises move AI projects from pilot to production

    January 17, 2025

    Data proves it remains difficult for startups to raise capital, even though VCs invested $75 billion in the fourth quarter

    January 16, 2025

    Apple suspends AI notification summaries for news after generating false alerts

    January 16, 2025
  • Apps

    Google pays $30 million to resolve lawsuits against children's YouTube data

    August 19, 2025

    Meta will develop globally AI-powered translations for creators, starting with English and Spanish.

    August 19, 2025

    Tiktok's latest features allow university students to find and connect with classmates

    August 19, 2025

    Spotify's latest features allow you to add your own transitions to your playlist

    August 19, 2025

    Openai launches a $5 ChatGPT sub-chat plan in India

    August 19, 2025
  • Crypto

    Your next customer is destroying the 2025 Expo floor

    August 19, 2025

    Crypto Company Gemini File for Winklevoss Twins IPO

    August 16, 2025

    North Korean spies pretending to be remote workers have invaded hundreds of businesses, CloudStrike says

    August 4, 2025

    Telegram's Crypto Wallet will be released in the US

    July 22, 2025

    Indian Crypto ExchangeCoindCX confirms $44 million stolen during hack

    July 21, 2025
  • Security

    US spy chief says the UK has removed demand for apple backdoors

    August 19, 2025

    Allianz Life Data Breach Impact 1.1 million customers

    August 18, 2025

    HR Huge Labor Day says hackers stole personal data in recent violations

    August 18, 2025

    How your sun roof has become a national security issue

    August 15, 2025

    Norwegian spy chief denounces Russian hackers at hijack dam

    August 14, 2025
  • Startups

    7 days left: Founders and VCs save over $300 on all stage passes

    March 24, 2025

    AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

    March 24, 2025

    20 Hottest Open Source Startups of 2024

    March 22, 2025

    Andrill may build a weapons factory in the UK

    March 21, 2025

    Startup Weekly: Wiz bets paid off at M&A Rich Week

    March 21, 2025
  • TechCrunch

    OpenSea takes a long-term view with a focus on UX despite NFT sales remaining low

    February 8, 2024

    AI will save software companies' growth dreams

    February 8, 2024

    B2B and B2C are not about who buys, but how you sell

    February 5, 2024

    It's time for venture capital to break away from fast fashion

    February 3, 2024

    a16z's Chris Dixon believes it's time to focus on blockchain use cases rather than speculation

    February 2, 2024
  • Venture

    Discover how developer tools are shifting rapidly in Disrupt2025

    August 19, 2025

    Databricks CEO says a fresh billion dollar will help him attack the new AI database market

    August 19, 2025

    Seven six bets on moonshots mining the actual moon

    August 19, 2025

    How to build a GTM strategy that drives results in 2025

    August 15, 2025

    A comprehensive list of 2025 tech layoffs

    August 15, 2025
TechBrunchTechBrunch

Agora raises $34M in Series B to continue building Real Estate Carta

TechBrunchBy TechBrunchMay 16, 20243 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Telegram Email


From an early age, Bar Mor knew it was inevitable that he would do something in real estate. His family was involved in all types of real estate projects, from foundation construction to managing residential, commercial, and retail properties.

However, unlike his parents, Mol also had a passion for technology. His interest in technology further grew when he became commander of Unit 8200, the Israeli Defense Force's elite cyber intelligence division known for training technology entrepreneurs.

After leaving the military, he decided to combine his two passions. Mol found that many real estate investors did not have a dedicated system to track various administrative processes, such as managing cash collected from rents, calculating and distributing profits to LPs, and more. and many other administrative functions.

“We have a lot of spreadsheets, emails, [other] It’s a disjointed system that doesn’t interact,” Mo said.

Realizing this, he and his friends Lior Dolinsky and Norm Kahan of Unit 8200 decided to provide data management, report automation, streamlined financing processes, and bookkeeping and tax services to real estate investment companies of all sizes. Founded a software company called Agora.

Mol said when he was first raising money, he told investors he was building Carta for real estate. It's easy to compare. Carta manages cap tables for startups and VCs, among other management functions. Real estate investing is similarly data-intensive, so investors need tools to automate manual tasks and calculate yield.

Agora has tripled its revenue every year since its launch five years ago. Thanks to its strong growth, the company announced Thursday that it has raised $34 million in Series B from Israel-based growth fund Qumra Capital and returning investors Insight Partners and Aleph. This funding brings Agora's total funding to his $63 million.

Mol said raising this latest round of funding was not difficult for the company.

While some real estate investors are struggling in a rising interest rate environment, Agora continues to grow and maintain high customer retention rates, Mol said. “This shows that we're actually solving something that's not a nice-to-have. It's a necessity.”

Agora currently operates primarily in North America, Europe, and Israel, but plans to begin serving customers in other markets such as Central America, South America, and Australia.

Mol's family's real estate experience continues to help build the company.

“I understand how real estate people think, what they value and how they negotiate,” he said.

This knowledge influenced many parts of Agora's business, including how account managers interact with customers. All customers have an account manager's mobile phone number.

“A real estate agent has a broker, he has a lawyer, he has relationships with banks. He wants everything to work out this way,” Moll said, holding his hand next to his ear as if he was holding a phone. I said as I put it down. “The idea is that we are your technology partner. 'Do you need something in your technology?' Call Agora. ”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025

Startup Weekly: Wiz bets paid off at M&A Rich Week

March 21, 2025

Wayve CEO shares his key elements for scaling autonomous driving technology

March 21, 2025

Leave A Reply Cancel Reply

Top Reviews
Editors Picks

7 days left: Founders and VCs save over $300 on all stage passes

March 24, 2025

AI chip startup Furiosaai reportedly rejecting $800 million acquisition offer from Meta

March 24, 2025

20 Hottest Open Source Startups of 2024

March 22, 2025

Andrill may build a weapons factory in the UK

March 21, 2025
About Us
About Us

Welcome to Tech Brunch, your go-to destination for cutting-edge insights, news, and analysis in the fields of Artificial Intelligence (AI), Cryptocurrency, Technology, and Startups. At Tech Brunch, we are passionate about exploring the latest trends, innovations, and developments shaping the future of these dynamic industries.

Our Picks

Google pays $30 million to resolve lawsuits against children's YouTube data

August 19, 2025

Discover how developer tools are shifting rapidly in Disrupt2025

August 19, 2025

Databricks CEO says a fresh billion dollar will help him attack the new AI database market

August 19, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2025 TechBrunch. Designed by TechBrunch.
  • Home
  • About Tech Brunch
  • Advertise with Tech Brunch
  • Contact us
  • DMCA Notice
  • Privacy Policy
  • Terms of Use

Type above and press Enter to search. Press Esc to cancel.