General Catalyst backs PRYPCO in first MENA PropTech Pre-Series A round

Dubai, UAE - September 8, 2025 - UAE-born PropTech firm PRYPCO announced on Monday September 8, that General Catalyst has led its Pre-Series A round, marking General Catalyst’s first PropTech investment in the MENA region. This milestone cements PRYPCO’s position as one of the region’s fastest-growing property technology platforms, already powering billions in mortgages, thousands of Golden Visas, and MENA’s first tokenized real estate investments.

With this new capital, PRYPCO plans to expand its offerings, strengthen regulatory collaboration, and scale its operations.

“We’re building the future of real estate, where property ownership is no longer limited by capital, geography, or bureaucracy. General Catalyst backing us at this stage is a major milestone; it validates the urgency of what we’re solving and reinforces our role in leading this shift globally,” said Amira Sajwani, Founder & CEO of PRYPCO.

Reshaping Real Estate

General Catalyst, whose portfolio includes category-defining companies like Stripe, Snap, Airbnb, and Ramp, views PRYPCO as a rare opportunity to back a founder-led platform reshaping an entire asset class.

Since its founding in 2022 by Amira Sajwani, PRYPCO has built an ecosystem that simplifies real estate access across investment, financing, and ownership.

In just over two years, PRYPCO has achieved remarkable milestones:

• Facilitated close to USD 2.72 billion (AED 10 billion) in mortgages.
• Helped more than 3,000 individuals secure a UAE Golden Visa.
• Onboarded 50,000+ users who have invested nearly USD 5.44 million (AED 20 million) across 21 properties through its fractional ownership platform, PRYPCO Blocks.
• Pioneered tokenized real estate in MENA through PRYPCO Mint, with almost 2,000 investors investing over USD 4.35 million (AED 16 million).

PRYPCO is the first platform globally to partner with a government entity, working with the Dubai Land Department to tokenize title deeds.

In addition to its investment platform, PRYPCO is also transforming the careers of 60,000+ agents in the UAE by providing:

• 300+ exclusive secondary projects
• A data hub of 1,500 projects
• Additional revenue streams through mortgage and Golden Visa referrals

Read more: Prypco Blocks Closes First ‘Exit Window’ with Strong Investor Demand

Building the Future of Real Estate Investments

“We are excited to partner with Amira and PRYPCO’s team in their mission to democratize real estate investments in one of the world’s most dynamic and prominent property markets. With their deep networks & roots in the region, unique insights into the ecosystem, and palpable passion, we believe this team is well placed to build the future of real estate investments in the Middle East,” said Neeraj Arora, Managing Director at General Catalyst.

PRYPCO has already seen properties sell out within minutes, attracting global investors. By combining investment services, mortgages, Golden Visa support, and agent-focused solutions under one platform, PRYPCO is redefining what PropTech can deliver.

As Dubai and the broader MENA region advance digital assets and property innovation, PRYPCO is poised to lead the next era of real estate, emerging as MENA’s category leader in PropTech and setting a model for future global real estate transformation.