Propdo

Company Overview

Snapshot

Founded in June 2020 by Peleg Davidovitz, Propdo operates with 11–50 employees. The company has raised $6.9M across two funding rounds from two investors. Propdo became public on the TASE in August 2022, achieving a market capitalization of $27.4M as of September 2023.

Business overview

Propdo is a Fintech & Insurtech company that provides an AI-based solution for predicting the future performance of residential properties. Leveraging hundreds of data sources, advanced technologies, and industry expertise, the company uses artificial intelligence models to evaluate the potential growth of each property. Propdo operates in the Real Estate & Construction and Financial Services sectors, serving B2C and B2B2C markets with its Propdo AI product.

Strategic signal

In March 2025, Propdo announced a strategic pivot, shifting its focus from technology development to direct real estate activities. This move signals a significant change in the company's business model, indicating a potential transition towards becoming a real estate holding or development firm rather than solely a proptech provider, which could impact its competitive positioning and investor appeal.

Company Intelligence Q&A

When was Propdo founded and by whom?

Propdo was founded in June 2020 by Peleg Davidovitz.

What is Propdo's primary business focus?

Propdo provides an AI-based solution designed to predict the future performance of residential properties, leveraging advanced technologies and industry expertise to evaluate potential growth.

When did Propdo become a public company?

Propdo became public on the TASE in August 2022.

What was Propdo's market capitalization as of September 2023?

As of September 2023, Propdo's market capitalization was $27.4M.

What significant strategic change did Propdo announce in March 2025?

In March 2025, Propdo announced it would abandon its original technology-focused operations to concentrate on direct real estate activities.