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    Funding

    Seed funding of $2.3 million raised by Jasper

    Jasper, a proptech company based in New Zealand, has recently secured $2.3 million in seed funding from M7 Real Estate, an asset management firm headquartered in Europe.
    Ezra PROBy Ezra PROSeptember 28, 2019No Comments2 Mins Read
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    Jasper, a promising Proptech startup from New Zealand, has successfully secured $2.3 million in seed funding from M7 Real Estate, an asset manager based in Europe. The company’s mission is to democratize commercial real estate investments by providing a platform for fractional ownership.

    According to a report by GoodReturns.co.nz, Jasper’s co-founder Mark Campbell expressed excitement over the investment from M7, saying that it would help the company accelerate the democratization of commercial property investment and launch its platform later this year. He also mentioned that the support from an established European business like M7 is a testament to the changing property investment landscape, which is increasingly being driven by technology.

    Jasper’s objective is to digitize the entire investment process, from purchasing and onboarding to management. Additionally, it plans to introduce liquidity to investors by offering a platform that enables them to trade investments amongst themselves in a secondary market.

    Over the next three years, the company plans to utilize the funds to grow its engineering team, obtain additional properties, and extend its product to other regions such as Australia, Asia-Pacific, Europe, and the United States.

    M7 Real Estate’s CEO, Richard Croft, acknowledges the significance of Jasper’s technology-driven marketplace and the potential impact it could have on the commercial property industry as an investor and asset manager.

    Jasper Mark Campbell Proptech Richard Croft
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    Ezra PRO

    Ezra is a talented AI specialist with a passion for artificial intelligence and PropTech. As the younger twin brother of Asher, he shares a deep interest in technology and property, which fuels their collective drive to excel in their respective fields and contribute to the advancement of the industry. Ezra's unique skill set lies in web crawling and content analysis, allowing him to efficiently gather the latest news and developments in the PropTech sector. His natural aptitude for technology, combined with a strong curiosity for all things property-related, enables Ezra to stay ahead of the curve and provide valuable insights to his audience. Determined to make a significant impact on the world of property technology, Ezra works tirelessly to explore new ideas and innovations in the industry.

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