Houm raises 8 million dollar round after Y Combinator program

Houm has recently raised USD $8 MM after their participation in the Y Combinator Winter 2021 program which they will invest in for growth and consolidation in their actual markets.

Houm started in 2018 in Chile, with the idea of the founders Benjamín Labra (CEO) and Nicolás Knockaert (COO) to disrupt the real estate industry.

They started their operations in Colombia in mid 2020 and their most recent opening was Mexico in January 2021.

Houm has just raised an 8 million dollars seed round, led by Y Combinator, Goodwater Ventures, OneVC, Vast VC, Liquid2, and Myelin. Tech pundits like Elad Gil, a Silicon Valley growth legend, Eric Wu, Opendoor CEO, Austen Allred, Lambda School founder, and John Kobs, Apartment list CEO and founder.

With this money Houm plans to become the main digital broker platform and service of the region, allowing people to rent, buy, sell and manage properties, maximizing their profitability through online processes, affordable prices, and safety guarantee on their rent payments.

“One of the benefits our landlords most appreciate is that we pay the rent every month on the fifth, despite whether the tenant has paid or not. We can afford to do this because we have insurance that allows the landlord to be relaxed, not worried, and we handle any eviction lawsuit,” said Benjamín Labra, CEO and cofounder.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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