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Downsizer completes $3.75m cap raise

Proptech company Downsizer has been advised on its $3.75 million seed capital raise to enable it to continue to grow in the Australian market.

April 11, 2023 • By Jerome Doraisamy
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Firm: Ashurst (Downsizer)

 
 

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Deal: Global law firm Ashurst has advised proptech company Downsizer on its $3.75 million seed capital raise, which will enable it to continue to grow in the Australian market while driving international expansion of its SaaS platform operating at the intersections of fintech, insurtech and proptech.

Area: Capital markets

Value: $3.75 million

Key players: The Ashurst team was led by partner Stuart Dullard and counsel Jason Maletic.

Deal significance: Mr Dullard said: “We’re proud to have advised Downsizer in its latest seed capital raise. The funding represents a new chapter for the proptech industry in Australia, and we’re excited to see how Downsizer will transform this space.” 

Jerome Doraisamy
Jerome Doraisamy

Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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