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Spot2, a Mexican brokerage startup, announced a $4.2 million seed round led by Streamline Ventures. HOF Capital, Acrew Capital, H20 funds, and angel investors Sebastián Kreiss from Xepelin, Alister Moreno from Clickalia, Alexis Patjane from 99minutes, and Enzo Cavalie from Startupeable also participated.
Spot2 was founded in 2021 by Alfonso Salem, Jorge Sequeira, Axel Olivella, Pablo Gadsden, and Dante Bazaldua. It holds the promise of enabling commercial real estate identification, validation, and lease closing in six times less time than usual.
Digitization and automation of the leasing process
For Spot2, the digitization and automation of the leasing process are vital to fulfilling its promise and improving the user experience. “Our goal is to revolutionize commercial real estate in Mexico, an industry that has not changed for more than 100 years. With our platform, we streamline the entire real estate marketing process from start to finish,” said Pablo Gadsden, co-founder of Spot2, in a statement.
The proptech developed technology based on an algorithm that offers solutions to connect brands with available commercial spaces successfully. According to them, they seek greater efficiency in the process, provide personalized attention and serve ten times more clients than a traditional broker.
Spot2 will use the new capital to accelerate its growth in Mexico and position the brand in other markets to begin its expansion.
So far, it has clients such as OXXO, Starbucks, YZA Pharmacies, 3B, Jüsto, Kavak, Care for the Dog, and Acapella.
*Photo by Carlos Aranda on Unsplash
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