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In a significant boost to the real estate investment sector, Agora, a leading innovator in real estate investment management solutions, has successfully raised $34 million in a Series B funding round. The investment, led by Qumra Capital along with Insight Partners and Aleph, marks a pivotal moment for the company, enabling it to accelerate its expansion and enhance its product offerings.

Agora’s Co-Founder and CEO, Bar Mor, expressed excitement about the funding, emphasizing that it underscores the strength of Agora’s platform and its potential to revolutionize the real estate investment industry. “This funding will empower us to expand our company, allocate resources towards research and development, particularly in operational and financial services such as payments, tax, IRA investments, and liquidity solutions, and continue building the best real estate investment experience in the market,” he stated.

Agora provides a comprehensive solution for real estate professionals, addressing various investment management needs. The platform enhances efficiency and delivers exceptional experiences to clients by optimizing investor relations, automating reporting, and streamlining fundraising processes. Despite a challenging environment for the tech and real estate industries, Agora has demonstrated remarkable growth, tripling its revenue year-over-year. This growth highlights the indispensable value of Agora’s solutions in the sector.

The company’s platform helps real estate firms globally manage over 70,000 investors and $150 billion in assets across various classes. Agora’s co-founders, Bar Mor, Lior Dolinski, and Noam Kahan, bring a wealth of experience in real estate, providing a unique understanding of their customers’ needs.

Qumra Capital’s Managing Partner, Sivan Shamri Dahan, praised Agora’s visionary approach and transformative solutions. “Agora’s exceptional leadership and market expertise, combined with their innovative solutions, have significantly reshaped the real estate investment landscape,” she noted. Insight Partners’ Managing Director, Jon Rosenbaum, echoed this sentiment, highlighting Agora’s strong momentum and deep understanding of real estate challenges.

Currently, Agora operates predominantly in North America, Europe, and Israel, with plans to expand into Central and South America and Australia. The company’s commitment to providing a comprehensive solution for investment management has also led to the launch of tech-enabled financial services, including expert tax, bookkeeping, and international money transfer services.

Agora’s success story is a testament to its unwavering

commitment to excellence and adaptability in a changing market. The new funding positions Agora to continue its impressive growth trajectory, redefining the real estate investment management landscape.

The company’s innovative platform, which integrates technology and automation, streamlines investment management processes, optimizes efficiency, and enhances investor satisfaction. Trusted by top real estate firms like Decron Properties, Beachwold, and Electra America, Agora has become a vital tool for real estate professionals.

Agora’s journey showcases the potential of combining real estate expertise with advanced technology to address the diverse needs of modern investment businesses. By offering tools that streamline operations, automate reporting, and facilitate fundraising, Agora ensures that real estate firms can focus on what they do best – managing and growing their investments.

As the real estate investment landscape continues to evolve, Agora’s comprehensive solutions and innovative approach will likely play a crucial role in shaping the future of the industry. With the backing of significant investors and a clear vision for the future, Agora is well-positioned to lead the charge in transforming real estate investment management

Original article posted on May 16, 2024