PRYPCO, the UAE-born PropTech platform redefining how real estate is owned, financed, and invested in, has raised its Pre-Series A round led by global venture capital firm General Catalyst.
The investment marks General Catalyst’s first PropTech commitment in the Middle East, underscoring the sector’s growing prominence in one of the world’s most dynamic property markets.
Since its launch in 2022 by Amira Sajwani, the firm has rapidly built a full-stack real estate ecosystem that integrates investment, financing, and ownership. In just over two years, the company has:
- Facilitated AED 10 billion in mortgages
- Helped 3,000+ individuals secure UAE Golden Visas
- Attracted 50,000+ users, who have invested nearly AED 20 million across 21 properties via its fractional ownership platform PRYPCO Blocks
It has also pioneered tokenised real estate in MENA. Through its PRYPCO Mint platform, nearly 2,000 investors have deployed more than AED 16 million into tokenised properties, making it the first regional player to collaborate with the Dubai Land Department in tokenising title deeds.
PRYPCO: Scaling PropTech Across MENA
Beyond investors, the startup is transforming the real estate careers of more than 60,000 agents in the UAE, providing access to 300+ exclusive projects, a data hub of 1,500 projects, and additional income streams via mortgage and Golden Visa referrals.
“With General Catalyst’s backing, we’re building the future of real estate, where property ownership is no longer constrained by capital, geography, or bureaucracy,” said Amira Sajwani, Founder & CEO. “This milestone validates the urgency of our mission and reinforces our role in leading this global shift.”
General Catalyst—whose portfolio includes Stripe, Snap, Airbnb, and Ramp, described PRYPCO as a rare opportunity to back a founder-led platform reshaping an entire asset class.
“We are excited to partner with Amira and PRYPCO in their mission to democratise real estate investments in one of the world’s most prominent property markets,” said Neeraj Arora, Managing Director at General Catalyst.
“With their deep roots in the region and unique insights, the team is well placed to build the future of real estate investments in the Middle East.”
With fresh capital, PRYPCO will expand its offerings, strengthen regulatory collaboration, and scale across the region. As Dubai and MENA continue to push the frontier of digital assets and property innovation, PRYPCO is positioning itself as the region’s category leader in PropTech, and a model for how real estate can be reimagined globally.
