Proptech startup Downsizer raised a A$3.75M (~$2.5M) seed round.
The funding round was led by Correlation Australia Holding (CAH) and saw participation from existing stakeholders.
Proceeds from the funding round will be used to grow the company's SaaS platform which offers digital solutions to homebuyers.
- The Deposit Power Downsizer Bond enables consumers to use their home equity to back a deposit bond and buy a new property without a cash deposit.
- The seed round pushes the Sydney-based startup's total funding to A$6.7M.
