PropTech platform Flat Monthly said to raise $320k seed round

Property marketplace Flat Monthly has reportedly collected $320,000 in a seed funding round.

The funding was supplied by Terra Capital, a venture firm primarily focused on the Thailand, Hong Kong, and Singapore markets.

With the capital injection, Flat Monthly hopes to build immersive content, according to a report from Tech in Asia.

Flat Monthly offers an online apartment rental marketplace designed to simplify the consumers search for accommodation. The platform can also arrange virtual concierge services such as housekeeping, laundry, drivers, and on-call maintenance.

Its services are available in Indonesia, Cambodia, Taiwan, Singapore, South Korea, Myanmar, the Philippines, Malaysia, and Thailand.

Last week, fellow online property marketplace platform Torii closed its own seed round, netting $1.4m to support team growth. The company uses data-backed machine learning to improve brokerage for the property buying and selling industry.

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