Ukrainian Startup Prengi raised $500,000 of investments

Ukrainian Startup Prengi raised $500,000 of investments from the SMRK fund

The Ukrainian SMRK fund made a seed investment in the Prengi startup, which develops a SaaS platform for real estate management. The platform provides the access to information about real estate objects and their equipment, facilitates personnel management, interaction with suppliers, etc. Now the platform’s valuation is estimated at $3 million.

Startup was founded in 2015 by Serhii Shulga, the founder of the SHEN company, which provides building maintenance and cleaning services in Ukraine and the USA, reports.

When Prengi was created, it wasn’t meant for sale at first, it was a tailor-made product for our facility management company. Later, we discovered that the platform turned out unique: nothing similar is available on the market yet – not with similar features and not for the same cost, for sure. We have our success story in Ukraine and other European countries, and now our team sees great perspective globally,  — Serhii adding

Company is headquartered in Florida. Prengi claims that its solution helps to accelerate the growth of the business, minimizes operational risks, saves time, and money. The startup plans to spend the raised funding on expanding its presence in the US, as well as entering the markets of Europe and the Middle East.

Read more about Ukrainian IT here: Government BI Analytical System Announcement


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