Real estate technology startup Nokk has achieved notable accomplishments during its beta phase, with more than 7,000 customers and 3,000 properties, as well as raising $1 million in capital. As it launches officially this week, Nokk is poised to revolutionize the real estate industry in Australia by transforming the way buyers and sellers search for and transact real estate.
Co-founders William Evans and Ben Voltz established Nokk earlier this year to cater to the off-market property listing sector. The platform enables property seekers to register their interests and requirements for properties they wish to acquire, while property owners can list their properties on the platform. By utilizing algorithms, the platform matches prospective buyers with suitable properties, facilitating introductions between the two parties.
The funding for the startup comes from Cameron Low, Managing Director of Cadmon Ventures, and other high net worth individuals. The funds will be used to further develop the platform and promote it to consumers.
Nokk is just one of many startups emerging in the off-market listing segment that have raised significant capital. Recently, Listing Loop raised $3.3 million in funding. This trend is important as these startups aim to facilitate property sales before they are listed on real estate portals or before they reach an agent. These startups may pose a potential disruption to REA or Domain.
