AI PropTech PropHero Raises €2.5M to Drive Spanish Market Growth

By Nazish Shah • Fri Aug 08 2025

Madrid-based PropHero, an AI-powered real estate investment platform, has secured €2.5 million in financing from BBVA Spark to accelerate its expansion across Spain. The funding also strengthens operational liquidity, supported by the EU and the European Investment Fund under the InvestEU programme.

Founded in Australia in 2021, PropHero has shifted its strategic focus to Europe, making Spain its operational hub. The company has set an ambitious target to double its business volume by 2025.

According to Pablo Gil, Co-CEO and Co-founder of PropHero, “The trust of BBVA Spark has been fundamental to driving our growth strategy. This agreement strengthens our ability to scale operations, meet increasing demand and continue transforming the real estate sector through technology.”

PropHero’s data-driven platform leverages AI to analyze market trends and identify high-yield investment opportunities, a model comparable to platforms like Casavo and Idealista. With over 10,000 active users and 1,800 properties purchased through its service, the company reports that its investments have outperformed broader market returns in Europe, Asia, and Australia.

While reinforcing its European expansion, PropHero recently restructured its Australian operations, relocating marketing functions to Spain but maintaining Australia as a “key market.”

“We’ve seen over 50% revenue growth in the last six months and added 40 new team members. The momentum is strong, and we’re committed to becoming a leading AI-driven platform for real estate investment in Europe,” the company stated.

With the new funding, PropHero is positioning itself as a driving force in Spain’s PropTech sector, aligning with the growing demand for digital, AI-powered real estate investment solutions.