Vietnamese real estate platform WeSale secures seed funding from Singapore's Hitseries Capital

WeSale is as an advanced proptech platform, offering communities of brokers, individuals, and organisations who want to make breakthrough income from real estate exclusive and quality inventories from the top investors and developers; providing complete and optimal real estate development and trading solutions.

By developing real estate transaction tools, CRM, and generative AI (LLM), WeSale is striving to improve the quality of consulting, and provide transparent and effective real estate transactions for members, brokers, business partners, and project developers.

This investment round marks an important milestone in WeSale's development journey. With the investment capital from Hitseries Capital, WeSale will focus on developing and upgrading the platform, expanding markets, and developing new products and services to meet the increasing needs of partners and customers.

Mai Lam Toi, CEO of WeSale said, "Having spent considerable time managing a real estate agency, I recognised the challenges traditional agencies face in scaling their in-house sales forces. Proptech offers the best solutions to these pain points, which led to the inception of WeSale. WeSale is building a superior technology platform and a strong sales force supported by versatile sales tools and a team of knowledgeable sales experts who directly support transactions so they are faster and more transparent."

Shoichiro Tanaka, managing partner of Hitseries Capital, commented, "Our vision at WeSale is to build a primary/secondary property marketplace that implements transparent free-market principles."

This strategic investment underscores the confidence in WeSale’s innovative approach and its ability to develop the real estate market in Vietnam and beyond.

Some way to go for proptech to hit home The real estate technology sector in Vietnam is still struggling to find a way to survive despite being recognised as a huge potential market, with nearly 40 companies ceasing operations in the first five months of the year.

PropTech Vietnam Summit 2023: Real estate and the future of investing PropTech Vietnam Network is thrilled to announce the second Annual Vietnam PropTech Summit 2023 will take place at The Experience Centre, Empire City, Thu Thiem New Urban Area, Ho Chi Minh City on December 14.

Vietnam PropTech Summit: reasons to be optimistic in 2024 Green capital and sustainable real estate, reshaping the future of working and living, and redefining the real estate landscape through finance, technology, and innovation were key topics discussed at the Vietnam PropTech Summit 2023 on December 14.