Facilo raised ¥5.7 billion through a third-party allotment of shares and is advancing efforts to strengthen its cloud services for real estate brokers and develop AI-powered features. Before the fundraising, it acquired コラビット, a company specializing in AI-powered real estate valuation.
Facilo, which provides systems for real estate brokers, raised a total of ¥5.7 billion through a third-party allotment of shares. The stated uses of the funds include pursuing M&A and developing new AI-powered features.
Before the fundraising, Facilo acquired コラビット, which specializes in AI-powered real estate valuation. The acquisition price was not disclosed, and the deal is believed to involve HowMa, the AI-powered real estate valuation service held by the acquisition target.
Facilo plans to use the funds raised to strengthen its cloud services, which help streamline customer interactions and property recommendations, as well as to develop additional AI-powered features.
The move is viewed as part of Facilo's growth strategy, combining M&A and technology development against the backdrop of expanding its real estate brokerage solutions business and increasing its use of AI.