// startup autopsy
Properr
A property tech bet that never found its footing.
marketfitSilent Shutdown
Quiet closure with no public announcement · Fatal mistake: Properr entered a capital-intensive proptech market with insufficient seed funding and no clear path to revenue or follow-on investment.
| Founded | 2015 |
|---|---|
| Closed | 2017 |
| Sector | Proptech |
50%
50%
Key Events Timeline
FOUNDING
Properr is founded with a vision to disrupt the property market using technology.
FUNDING
Properr raises ~$478K in seed funding, its only capital infusion.
PRODUCT LAUNCH
Product launches but fails to gain meaningful user traction in a crowded market.
SHUTDOWN
Properr shuts down after exhausting its limited seed capital with no follow-on funding secured.