Proptech Farm

What Proptech Farm does

Proptech Farm is a Stockholm-headquartered venture capital firm founded in 2021 that operates as a growth engine for early-stage, post-revenue PropTech startups, with a stated remit of bridging the Nordics and Southeast Asia. The firm runs three distinct investment vehicles — Nordic I (launched 2021), Nordic II (launched 2024), and Fund III (Florissant VCC, established 2024) — which invest in sectors including Smart Buildings and Property Management, CleanTech, Smart Cities, Construction Technology, Energy Storage and Distribution, Smart Energy Management, and Sustainability for the Built Environment. Fund III targets 12-15 investments in Southeast Asia, Australia, and New Zealand, while the Nordic vehicles focus on Swedish and Nordic opportunities; portfolio companies include Pigello, Allihoop, Propstreet, Utilifeed, xnomad, Dark Edition, Vinden, Buddy Company, Lazudi, Bosam, and Spacely AI.

The firm is led by co-founders Fredrik Bergman (CEO, former DIAKRIT CEO with a $200M+ exit) and Linus Björk (COO), with General Partners Samir Taha, Anna Arvsell, Joe Hanna, and Gonzalo Del Pozo, Managing Partner APAC Mike Plichta, and Advisory Committee member Simon Baker (former CEO of REA Group). Cornerstone investors are described as holding over 100 years of combined real estate technology operating and investing experience with multiple 10x+ exits; Fund I has delivered a reported 30% IRR. The firm maintains offices in Stockholm, Gothenburg, Singapore (regional HQ for Fund III), Bangkok, and Marbella, and uses Swiss Asia Financial Services Pte Ltd as licensed Investment Manager for Fund III under the Monetary Authority of Singapore's Securities and Futures Act.

Proptech Farm's business model is that of a traditional venture capital manager: it raises capital from accredited and institutional limited partners into its fund vehicles and generates revenue through management fees and carried interest on portfolio exits. Deal sourcing is described as community-led, leveraging a global LP network rooted in real estate, with startup applications accepted via an online form. The firm positions itself on thematic specialization in PropTech, cross-regional bridging between Nordic capital and SE Asia/ANZ deal flow, and hands-on portfolio acceleration.

Name

Proptech Farm

Legal name

PropTech Farm

Website

https://proptechfarm.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Venture Capital / PropTech Investment

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Real Estate / PropTech Growth Equity (FSANACAH)

Keywords

• Venture capital funds
• Proptech investments
• Real estate technology
• Early-stage investing
• Fund management

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management Returns: PropTech Farm generates returns through managing venture capital funds (Nordic I, Nordic II, and Fund III) that invest in PropTech startups. Returns are generated through capital appreciation and exits from portfolio companies. Fund I delivered 30% IRR. Fund III targets 12-15 investments in SE Asia, Australia, and New Zealand.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels2 records

Core offering

Proptech Farm is a venture capital investment group that manages three PropTech-focused funds (Nordic I, Nordic II, and Fund III) investing in early-stage, post-revenue real estate technology startups across the Nordics, Southeast Asia, Australia, and New Zealand. Portfolio companies receive growth acceleration support, strategic guidance, and access to a global network of limited partners deeply rooted in the real estate sector.

Product overview

PropTech Farm is a Venture Capital investment group that operates multiple investment fund structures targeting different geographies. The firm offers three distinct fund products: Nordic I (launched 2021, focused on Swedish/Nordic PropTech), Nordic II (launching 2024, second Nordic investment structure), and Fund III (targeting SE Asia, Australia, and New Zealand). The funds invest in post-revenue PropTech startups across sectors including Smart Buildings, CleanTech, Smart Cities, Circular Economy, Construction Tech, Data & Transactions, Energy Storage, and Sustainability. PropTech Farm provides portfolio companies with growth acceleration support, strategic guidance, and access to a global network of limited partners and advisors. The portfolio includes companies like Pigello (property management), Allihoop (housing platform), Propstreet, Utilifeed, xnomad, Dark Edition, Vinden, Buddy Company, Lazudi, Bosam, and Spacely AI.

Differentiator

Problem solved

Functional benefit

Brands

• Nordic I: First investment structure launched in Sweden and the Nordics during 2021.
• Nordic II
• Fund III

Products and services

• PropTech Farm Nordic I The first investment structure launched in Sweden and the Nordics in 2021, focused on building a leading PropTech portfolio in the Nordic region and delivering returns for limited partners.
• PropTech Farm Nordic II Second investment structure for Sweden and the Nordics, launched in 2024, building on the successful strategies of Nordic I with the same management team and complementary hires.
• PropTech Farm Fund III Venture capital fund investing in 12-15 emerging real estate technology startups in Southeast Asia, Australia, and New Zealand, targeting early-stage post-revenue companies across Circular Economy, Classifieds & Listings, Construction Tech, Data & Transactions, Energy Storage & Distribution, Smart Buildings, Smart Energy Management, and Sustainability sectors.

Quantifiable outcome

• Fund I delivered 30% IRR
• +2 more outcomes

Segments11 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered portfolio.

• Portfolio Companies (Nordic I)portfolioOthersNordic I portfolio includes: Pigello (property management), Allihoop (living spaces), Propstreet (property platform), Utilifeed (utilities), xnomad (space solutions), Dark Edition (sustainability), Vinden (property search), Buddy Company (smart home), Lazudi (property listings). These are investments, not commercial partnerships.
• Portfolio Companies (Nordic II)portfolioOthersNordic II portfolio includes: Bosam (smart building solutions). Nordic II builds on the successful foundation of Nordic I with the same management team.
• Portfolio Companies (Fund III)portfolioOthersFund III portfolio includes Spacely AI (generative AI for architects). Fund III focuses on emerging real estate technology start-ups in SE Asia, Australia, and New Zealand with 12-15 planned investments.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Concrete VC: Concrete VC is an early-stage venture fund focused on construction technology and the built environment. Comparable to PropTech Farm's Fund III exposure to Construction Tech and Smart Buildings categories.
• Ground Up Ventures: Ground Up Ventures is an early-stage VC firm focused on real estate technology and innovation. Comparable to PropTech Farm as a niche PropTech investor with similar early-stage post-revenue investment thesis.

Direct peers

• MetaProp: MetaProp is a leading PropTech venture capital firm and accelerator based in New York, investing in early-stage real estate technology startups. Directly comparable to PropTech Farm in its early-stage PropTech focus and operator-led investment approach.
• Moderne Ventures: Moderne Ventures is a venture capital firm and accelerator investing in technology companies serving industries like real estate, finance, and insurance. Comparable to PropTech Farm as an early-stage PropTech investor with a corporate LP network drawn from the real estate industry.
• Taronga Ventures: Taronga Ventures is an APAC-based real estate technology investment firm managing funds focused on emerging real estate innovation. Directly comparable to PropTech Farm's Fund III SE Asia/ANZ mandate and similar cross-border LP approach.
• Brick & Mortar Ventures: Brick & Mortar Ventures is a San Francisco-based VC firm focused on early-stage startups modernizing the built world, including construction tech, smart buildings, and real estate tech. Directly comparable to PropTech Farm's early-stage, post-revenue PropTech focus across Smart Buildings and Construction Tech verticals.
• Pi Labs: Pi Labs is a London-based venture capital firm focused exclusively on PropTech and construction technology in Europe and emerging markets. Closely comparable to PropTech Farm given its regional PropTech focus, early-stage mandate, and similar cross-border (Nordics/Europe-to-emerging-markets) orientation.
• Fifth Wall: Fifth Wall is the largest venture capital firm focused on real estate technology (PropTech), managing multiple funds across venture and growth stages. Directly comparable to PropTech Farm as a specialized PropTech VC with a global investment mandate and LP base drawn from the real estate industry.
• REACH (Second Century Ventures): REACH is the real estate technology accelerator backed by the National Association of Realtors, investing in early-stage PropTech startups. Comparable to PropTech Farm in early-stage PropTech focus and operator-driven selection process from the real estate industry.

Broad incumbents

• JLL Spark: JLL Spark is the venture arm of JLL, one of the world's largest real estate services firms, investing in PropTech startups across the globe. Comparable to PropTech Farm as a PropTech-focused investor with deep real estate industry LP/corporate backing, though operating at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wix-com

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments7 records

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

Frequently asked questions about Proptech Farm