General Catalyst Leads PRYPCO’s Pre-Series A, Marking First PropTech Investment in MENA

By Isha Qureshi • Mon Sep 08 2025

UAE-born PropTech firm PRYPCO announced that General Catalyst has led its Pre-Series A round, marking the global venture capital firm’s first PropTech commitment in the MENA region. The investment highlights PRYPCO’s rapid growth as one of the region’s most dynamic property technology platforms, already powering billions in mortgages, enabling thousands of Golden Visas, and pioneering MENA’s first tokenized real estate investments. With this fresh capital, the company aims to expand its offerings, strengthen regulatory collaboration, and accelerate its scaling journey.
According to Amira Sajwani, founder and CEO of PRYPCO.“We’re building the future of real estate, where property ownership is no longer limited by capital, geography, or bureaucracy. General Catalyst backing us at this stage is a major milestone; it validates the urgency of what we’re solving and reinforces our role in leading this shift globally,”
General Catalyst, known for backing category-defining companies such as Stripe, Snap, Airbnb and Ramp, sees PRYPCO as a rare opportunity to support a founder-led platform that is reshaping an entire asset class. Since its founding in 2022, PRYPCO has developed an ecosystem that simplifies and broadens access to real estate across investment, financing and ownership. In just over two years, the company has facilitated nearly AED10 billion in mortgages, helped more than 3,000 individuals secure UAE Golden Visas, and onboarded over 50,000 users who have collectively invested close to AED20 million across 21 properties through its fractional ownership platform, PRYPCO Blocks.
PRYPCO has also pioneered tokenized real estate in the region through PRYPCO Mint, which has already attracted nearly 2,000 investors who have invested more than AED16 million. It is the first platform globally to partner with a government entity, the Dubai Land Department, to tokenize title deeds. At the same time, PRYPCO is transforming the careers of more than 60,000 real estate agents in the UAE, providing access to over 300 exclusive secondary projects, a data hub of 1,500 projects, and additional income streams through mortgage and Golden Visa referrals.
According to Neeraj Arora, managing director at General Catalyst.“We are excited to partner with Amira and PRYPCO’s team in their mission to democratize real estate investments in one of the world’s most dynamic and prominent property markets. With their deep networks & roots in the region, unique insights into the ecosystem, and palpable passion, we believe this team is well placed to build the future of real estate investments in the Middle East,”
PRYPCO’s platforms have already seen properties sell out within minutes and investors participate from across the globe. By uniting investment, mortgages, Golden Visa facilitation and agent-focused solutions under one brand, the company is redefining what PropTech can deliver in the MENA region. As Dubai and the wider Middle East advance the frontier of digital assets and property innovation, PRYPCO is uniquely positioned to lead this transformation, emerging as both a regional category leader and a global model for the future of real estate.