Propcy

Company Overview

Snapshot

Founded in January 2015 by Omri Barzilay and Gilad Shoham, Propcy operates with 1–10 employees. The company focuses on digitizing real estate transactions, providing residential brokers with tools for property pricing, analysis, client communication, and financing. Propcy was featured in Forbes in November 2016 for its work in real estate technology.

Business overview

Propcy develops business software to digitize real estate transactions, offering residential brokers a unified platform for in-depth property pricing and analysis, client communication, property search, and financing. The company utilizes machine-learning algorithms to analyze vast datasets for accurate pricing and supports investment approaches like flipping and cash flow appreciation. Propcy operates in the Fintech & Insurtech and Business Software sectors, serving markets primarily in the United States, with a focus on consumers, private investors, and property buyers.

Strategic signal

In November 2016, Forbes highlighted Propcy's co-founder Omri Barzilay, focusing on the company's efforts to build a real estate technology startup. This coverage signals Propcy's early recognition in the industry for its innovative approach to digitizing real estate transactions, indicating potential for market disruption through its data-driven solutions for brokers and buyers.

Company Intelligence Q&A

What is Propcy's core offering?

Propcy provides a platform that digitizes real estate transactions for residential brokers, offering tools for property pricing, analysis, client communication, property search, and financing.

When was Propcy founded and by whom?

Propcy was founded in January 2015 by Omri Barzilay and Gilad Shoham.

What technology does Propcy use for property analysis?

Propcy utilizes machine-learning algorithms to analyze millions of data points to achieve accurate property pricing and support investment approaches.

Which markets does Propcy serve?

Propcy primarily serves geomarkets in the United States, targeting property buyers and private investors.

What notable media coverage did Propcy receive?

In November 2016, Forbes featured Propcy, discussing co-founder Omri Barzilay's work on building the real estate technology startup.