Tapu, an online real estate auction marketplace where we’re investors, announced its new $1.2M funding round earlier this week.
The funding round which was led by existing investor Earlybird also included participation from existing investors Can Yucaoglu and Banu Kucukel.
Tapu has grown the number of online property sales that are completed on its marketplace to over 50 per month. Given the high price and lack of commoditization of these properties, that’s an impressive number.
Together with the new round, Tapu is well positioned to further grow this number by selling a greater number of properties on behalf of its existing partner banks while also attracting the properties of new business partners to its marketplace.
We value the continued support which our co-investors are showing the company and congratulate the Tapu team for their crisp execution and steady growth.