Prosus Ventures Backs Brazilian AI Proptech Lastro in $15M Round
Prosus Ventures has invested in Brazilian AI Proptech company Lastro, aiming to boost its growth and expand its technological impact in the Latin American property market. The Series A funding round, led by Prosus Ventures, raised $15 million, with participation from FJ Labs, Endeavor Scale-Up Ventures, and existing investors. This brings Lastro's total funding to $20 million, solidifying its position as a leading AI startup in Brazil.
Lastro's AI platform, Lais, streamlines real estate transactions on WhatsApp, increasing conversion rates by up to 60%. It matches prospects with suitable properties, answers inquiries, and manages property tasks, freeing up realtors' time to focus on building customer relationships. The platform is integrated with Brazil's largest listing portals, aiming to transform the fragmented industry. With over 1,000 realtors using Lais, it has significantly improved response times and reduced unanswered inquiries.
The funding will be used to expand Lais' capabilities, enhance user experience, and add new integrations to the platform. Prosus Ventures sees potential for Lastro to expand globally and redefine property transactions worldwide.
Lastro, with its AI platform Lais, is revolutionizing the Brazilian real estate market. The recent $15 million investment will fuel its expansion, enhancing user experience and adding new integrations. With Prosus Ventures' backing, Lastro is poised to expand globally, potentially redefining property transactions worldwide.
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