29 Jan '15, 10am

Singapore Property Site Lands $2M From Sequoia And Facebook Co-Founder Saverin

99.co , a property rental and sales site that launched in Singapore last November, has scored a deal of its own after closing $1.6 million (SG$2 million) in funding from Sequoia and Facebook co-founder Eduardo Saverin. The company confirmed that the round values it at $8 million (SG$10 million). This new funding will go towards continuing to scale the business, as it begins to look at overseas expansion opportunities this year. 99.co raised a $650,000 seed round from a range of investors including 500 Startups last year when it soft-launched its website. At this point, 99.co is operational in Singapore only. That may be a relatively small market of five million people, but its real estate industry is arguably the most developed in Southeast Asia. As we wrote last year, existing players PropertyGuru and iProperty lead the domestic market. 99.co claims to have 26,000 listing...

Full article: http://techcrunch.com/2015/01/29/99-co-sequoia-saverin/?n...

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Singapore Property Site Lands $2M From Sequoia ...

techcrunch.com 29 Jan '15, 10am

99.co , a property rental and sales site that launched in Singapore last November, has scored a deal of its own after clos...

Singapore Property Site Lands $1.6M From Sequoi...

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techinasia.com 29 Jan '15, 9am

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digitalmedia.strategyeye.com 30 Jan '15, 12pm

Facebook co-founder Eduardo Saverin is joining Sequoia in Singapore property site 99.co ’s USD1.6m new round. The deal val...

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