PRYPCO, a UAE property technology platform founded in 2022 by Amira Sajwani, has closed a Pre-Series A round led by General Catalyst, marking the investor’s first PropTech deal in the Middle East.
Since launch, PRYPCO has arranged nearly Dh10 billion in mortgages and helped over 3,000 individuals obtain UAE Golden Visas.
The company operates “PRYPCO Blocks”, its fractional-ownership product, through which more than 50,000 users have invested about Dh20 million across 21 properties.
Its token-investment arm, PRYPCO Mint, in partnership with the Dubai Land Department, has issued tokenised title deeds. The platform has attracted nearly 2,000 investors, with investments totalling around Dh16 million.
PRYPCO claims support of over 60,000 real estate agents in the UAE and maintains a project data hub listing around 1,500 developments. The company also earns referral income via mortgages and Golden Visas.
General Catalyst said it invests to help PRYPCO scale operations, deepen regulatory collaboration and expand its offerings.
