Unlockit

What Unlockit does

Unlockit is a Portuguese PropTech and GovTech company founded in 2023 that builds blockchain-based trust infrastructure for real estate transactions. Its platform serves real estate agents, brokers, and agencies by converting transactional history into verifiable professional reputation, offering reusable identity, license, KYC/AML, and property verification credentials without exposing sensitive documents. The company targets SMB professionals in the long-tail Portuguese real estate market, with planned expansion into Madrid, Dubai, and São Paulo.

The technical foundation is a Canton Network blockchain layer using Daml smart contracts and Verifiable Credentials, organized into three rails: Verification (reusable credentials), Transactional (verifiable workflows for offer, due diligence, financing, closing), and Reputation (transaction-linked profiles, reviews, and performance signals). A Data Quality Levels (DQL0-DQL4) system assigns auditable quality ratings to each claim, while a Unique Property Registry assigns persistent identity to each property. Built on this infrastructure are two product modules: Veritas, an AI legal advisor for knowledge retrieval and process automation in legal review, and Iris, a 360-degree transaction management platform with RGPD/GDPR compliance. A third surface, the Unlockit Profile, exposes verified reputation publicly. The Trust Layer core infrastructure is scheduled for a 2027 launch, with Veritas and Iris launching in September 2026.

The business model is pre-revenue: Veritas and Iris are offered free of charge until September 2026, after which a subscription model begins with founder discounts of 40% (extendable to 60% via colleague referrals). A planned credit intermediation service represents a future transaction-fee revenue stream. The company has raised €1.4M in Pre-Seed funding at a €6M post-money valuation, led by Eaglestone Group's venture capital arm with Portugal Ventures, Reorganiza, and Republica, supplemented by non-dilutive co-funding from Plano de Recuperação e Resiliência (PRR) and Agenda PT2030. Operating status is active development with 11-50 employees, headquartered in Lisboa, Portugal.

Name

Unlockit

Legal name

Unlockit

Website

https://unlockit.io

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Unlockit is a Portuguese PropTech platform that builds blockchain-based trust infrastructure for real estate, converting agent transactional history into verifiable reputation and offering reusable credentials for agents and brokers. Pre-revenue, with subscription launch planned for September 2026.

Ownership category

akta.pro rank

Product category

Real Estate Technology (PropTech)

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Decentralized Identity & Verifiable Credentials for Finance (DID/KYC Reuse) (FSAGAMAE)

akta.pro secondary industries

Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Authentication & Access Control (Web3 login, SIWE, passkeys, MFA, policy engines) (FSAPACAI)

Keywords

• Real estate technology
• Property transaction platform
• Blockchain real estate
• Verifiable credentials
• PropTech software

Headquarters

HQ city

Lisboa

HQ country

Portugal

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Platform Subscription (planned): Software platform for real estate transaction management, verified profiles, and AI legal assistance. Subscription model to begin after September 2026 free period.
2. Credit Intermediation (planned): Planned expansion into credit intermediation services for property transactions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Unlockit provides a blockchain-based real estate trust platform composed of the Trust Layer (core infrastructure launching 2027), Veritas (AI legal advisor), and Iris (transaction management system). It enables real estate agents, brokers, and agencies to convert transactional history into verifiable reputation, run GDPR-compliant due diligence workflows, and issue reusable verifiable credentials for identity, KYC/AML, and property data.

Product overview

Unlockit is a PropTech and GovTech platform that transforms real estate transactions into verifiable, digital processes. The platform operates on a core-plus-modules architecture: the Trust Layer (core infrastructure launching 2027) provides the blockchain-powered foundation with three rails for verification, transactions, and reputation. Built on top are the Veritas AI legal advisor module and the Iris transaction management module. Agents and brokers interact through the Unlockit Profile, which transforms their transactional history into verifiable public reputation with transaction-linked reviews. The Trust Layer connects workflows, identities, documents, reviews, and AI-generated outputs into secure, reusable digital proof across the market.

Differentiator

Problem solved

Functional benefit

Brands

• Veritas: AI legal counselor service for real estate that verifies sources, prepares responses, and supports brokers, agents, and legal teams with proof linked to real transactions.
• Iris
• Trust Layer

Quantifiable outcome

• Reduce transaction costs, fraud, and speculation in real estate

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature12 records

Partnerships

One partnership is on record.

• Canton NetworkcoreTechnology or IntegrationBlockchain infrastructure powering the Unlockit Trust Layer, enabling privacy-first, permissioned, and programmable proof for real estate transactions.

Scale indicators4 records

Recent moves3 records

Expansion highlights6 records

Direct peers

• Propy: Propy is a blockchain-based real estate transaction platform that uses smart contracts for title transfer, identity verification and escrow. It is the closest publicly known competitor on the 'web3 property closing' thesis.
• Realio Network: Realio issues tokenized real estate assets on a permissioned blockchain and provides a marketplace with on-chain identity for investors. It is directly comparable on the Web3+real estate intersection and verifiable credentials layering.
• Blocksquare: Blocksquare provides blockchain-based tokenization infrastructure for real estate, including compliance and identity modules. Comparable to Unlockit's Trust Layer approach of bringing on-chain verification to property workflows.
• Stobox: Stobox offers tokenization and digital securities issuance for real estate using blockchain rails, with compliance tooling. Directly comparable on bringing regulated, blockchain-native real estate infrastructure to market.

Emerging players

• Civic: Civic provides decentralized identity and reusable KYC credentials for Web3 and financial use cases. Comparable to Unlockit's Verification Rail in spirit (on-chain identity for compliance), though not specifically real estate-focused.
• Veriff: Veriff is an identity verification and reusable KYC platform that addresses fraud and AML for regulated industries. Comparable to the KYC/AML and proof-of-funds verification layer that Unlockit wraps into its real estate workflows.

Broad incumbents

• Sumsub: Sumsub is a broad KYC/AML and identity verification platform serving fintechs, crypto and real estate verticals. Comparable as a competing compliance layer; Unlockit differentiates with on-chain portability and reputation rails.
• Compass: Compass is a large US real estate brokerage and agent technology platform. Comparable on agent-targeted tooling, but its reputation system is closed and centralized rather than transaction-anchored and portable.
• VTS: VTS provides a leasing, asset and broker operations platform for commercial real estate. Comparable as real estate workflow infrastructure with data/network effects, though focused on CRE rather than residential brokerage reputation.
• Zillow (Premier Agent / Showcase): Zillow is the dominant US real estate marketplace and agent advertising platform with its own agent profile and review system. Comparable on agent profile/reputation, but operates an opaque, non-portable model that Unlockit directly counters with blockchain-anchored proof.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Unlockit