Downsizer: Digitising home buying
Downsizer is a proptech company that is changing the game in the real estate industry with its unique platform powered by blockchain technology. From their beginnings to recent accomplishments, we will explore how Stone & Chalk has helped them grow their business and what's next for Downsizer.
Tell us a bit about your company.
Downsizer is a proptech company based in Sydney, Australia. Our platform helps individuals with sufficient equity in their current home to purchase a new dwelling with zero cash deposit. We also provide short-term bonds for existing dwellings for Downsizers. Our digital home-buying experience is powered by blockchain technology, specifically R3 Corda blockchain, which enables us to transfer our platform to other markets with ease and speed, such as the UK, USA, Canada, and New Zealand.
How did you get started?
One of our co-founders is a property developer who experienced the pain points of financing construction due to strict requirements from banks. This led us to create Downsizer as a solution to connect asset-rich, cash-poor Downsizers with property developers using our unique technology platform and the Downsizer Bond.
How has Stone & Chalk helped you grow your business?
Stone & Chalk has been instrumental in providing us with the facilities and ecosystem to prosper and grow. We have been introduced to potential strategic partners through their network, and we are currently in ongoing conversations with them.
What are some recent accomplishments for Downsizer?
We recently achieved a significant capital raise of $3.75 million, which is a major milestone for our company and speaks to the confidence investors have in our vision and potential.
What's next for Downsizer?
We are currently in the process of deploying the $3.75 million capital raise we recently announced to the market. Our focus is on scaling the business to acquire more developers and converting property sales enabled by the Downsizer Bond. We have ambitious plans for growth and expansion, and we are excited about the future of Downsizer.
How can people learn more about Downsizer and get in contact with you?
You can visit our website to learn more about our platform and services. For any inquiries, you can reach out to mark@downsizer.com
You can also connect with us on LinkedIn. We would love to hear from you and answer any questions you may have about Downsizer and our proptech offerings.
To learn more about other Proptech companies within Stone & Chalk, visit our website: https://www.stoneandchalk.com.au/proptech
