Property portal Mogul.sg raises S$9m Series A funding

SINGAPORE property portal Mogul.sg has raised S$9 million in Series A funding, with alternative investment firm Nech Capital leading the round.

The portal has seen a 20 per cent growth in users since the start of 2022, and will use the funds to add features, such as indoor mapping and navigation, to its 3D map. Additional data will also be added to help users get a better sense of their surroundings, and help with property valuations.

Furthermore, it is looking to add more features to its platform, ranging from online viewings to mortgage applications.

“We have been consistently adding features to our website, so that users – be they buyers, sellers, agents or real estate developers, can improve their productivity with the tools provided. With this aim in mind, we were careful in the selection of incoming investors during this Series A round,” said Gerald Sim, chief executive officer and founder, Mogul.sg.

Launched in 2018 as a keyword-based property search portal, Mogul.sg is one of the pioneer startups housed in the Singapore Land Authority’s GeoWorks industry centre.