عربي

General Catalyst finances PRYPCO's pre-Series A round

General Catalyst finances PRYPCO's pre-Series A round
  • UAE-bssed proptech platform PRYPCO has closed a pre-Series A round for an undisclosed value led by General Catalyst.
  • Founded in 2022 by Amira Sajwani, the platform claims to have already enabled nearly AED 10B in mortgages, supported 3,000+ Golden Visas, and onboarded 50,000+ users through PRYPCO Blocks (fractional ownership) and PRYPCO Mint (tokenised investments).
  • With new funding, PRYPCO will expand offerings, deepen regulatory collaboration, and continue scaling across MENA.

Press release:

PRYPCO, the UAE-born PropTech transforming the way real estate is owned, financed, and invested in, together with General Catalyst, today announced that General Catalyst has led PRYPCO’s Pre-Series A round. This milestone marks General Catalyst’s first PropTech commitment in the Middle East and cements PRYPCO’s position as one of the region’s fastest-growing property technology platforms, already powering billions in mortgages, thousands of Golden Visas, and the MENA region’s first tokenised real estate investments.

Since its founding in 2022 by Amira Sajwani, PRYPCO has built an ecosystem that makes real estate more accessible and simpler across investment, financing, and ownership. 

In just a little over two years, the company has facilitated close to AED 10 billion in mortgages, helped over 3,000 individuals secure a UAE Golden Visa, and onboarded more than 50,000 users who have invested nearly AED 20 million across 21 properties through its fractional ownership platform, PRYPCO Blocks. 

PRYPCO has also pioneered tokenised real estate in the region, with almost 2,000 investors already active on PRYPCO Mint, who have invested over AED 16 million. The platform is MENA’s first tokenised property investment platform and the first globally to partner with a government entity, the Dubai Land Department, to tokenise title deeds.

Alongside these achievements, PRYPCO is transforming the careers of over 60,000 agents in the UAE with 300+ exclusive secondary projects, a data hub of 1,500 projects, and additional income streams through mortgage and Golden Visa referrals.

With this new capital, PRYPCO will further expand its offerings, deepen regulatory collaboration, and continue scaling.

“We’re building the future of real estate, where property ownership is no longer limited by capital, geography, or bureaucracy,” said Amira Sajwani, Founder & CEO of PRYPCO. “General Catalyst backing us at this stage is a major milestone; it validates the urgency of what we’re solving and reinforces our role in leading this shift globally.”

General Catalyst, whose portfolio includes category-defining companies like Stripe, Snap, Airbnb, and Ramp, sees PRYPCO as a rare opportunity to back a founder-led platform reshaping an entire asset class.

Neeraj Arora, Managing Director at General Catalyst, commented, "We are excited to partner with Amira and PRYPCO's team in their mission to democratise real estate investments in one of the world's most dynamic and prominent property markets. With their deep networks & roots in the region, unique insights into the ecosystem, and palpable passion, we believe this team is well placed to build the future of real estate investments in the Middle East.”

PRYPCO has already seen properties sell out within minutes and investors join from across the globe. By bringing together investment, mortgages, Golden Visa support, and agent-focused solutions under one brand, the company is redefining what PropTech can deliver. As Dubai and the wider MENA region push the frontier of digital assets and property innovation, PRYPCO is uniquely positioned to lead this transformation, emerging as the category leader in MENA PropTech and a model for the future of global real estate.

Thank you

Please check your email to confirm your subscription.