- UAE-based proptech eVoost AI has raised $2.2 million (€2 million) in a funding round led by First Drop VC and joined by Qora71 (Hub71).
- Founded in 2024 by Cristian Pastrana and Koh Onozawa, eVoost AI develops an AI-powered platform designed to optimise residential property sales using predictive analytics and automation.
- The funding will support product development, international expansion, and team growth across Spain, Portugal, the UAE, and the United States.
- Last year, eVoost AI closed a seed investment from Qora71 for an unknown amount.
Press release:
eVoost AI, the Abu Dhabi-based proptech startup, has raised €2 million ($2.2 million) in a funding round led by First Drop VC, as the company accelerates the development of its AI-powered residential sales platform and expands further into international markets.
The round also included participation from a syndicated investment vehicle linked to Hub71 and backed by Mubadala Investment Company, alongside strategic investors and angel backers with exposure to markets including Romania and the UAE.
Founded by Cristian Pastrana and Koh Onozawa, former co-CEO of crypto platform Bit2Me, eVoost AI is building a data-driven platform designed to modernise residential property sales through artificial intelligence, predictive analytics, and automation.
The company said it currently manages more than $3.5 billion in real estate assets under commercial agreements across Europe, the UAE, and the United States. Its platform helps developers identify buyer demand before construction is completed, allowing them to optimise pricing, positioning, and sales strategies using AI-generated insights and behavioural data.
“This round allows us to accelerate the construction of an intelligent operating system for residential commercialisation,” said Cristian Pastrana, co-founder and CEO of eVoost AI. “Our goal is to transform a traditionally fragmented and analogue sector into one governed by data, AI, and automation.”
The company added that the fresh capital will support product and technology development, international expansion, and team growth.
eVoost AI currently operates from Abu Dhabi, with additional teams in Madrid and Gijón, and plans to strengthen its presence across Spain, Portugal, the UAE, and the United States while expanding into new markets.
According to Manu Nieto, co-founder of First Drop VC, the investment reflects growing interest in solving inefficiencies within the housing market through technology-driven solutions.
“At First Drop, we believe access to housing is one of the major global challenges,” Nieto said. “Many developers still build without truly understanding their end customer. eVoost’s technology identifies demand and optimises sales even before construction begins.”
The transaction reflects growing investor appetite for AI-powered proptech infrastructure, particularly in the Gulf, where developers are increasingly adopting automation, predictive analytics, and digital-first sales systems.