Portuguese real estate technology startup Relive has successfully raised $5.5 million in a Series A funding round. The investment was led by Indico Capital Partners, with additional participation from Shilling and Bynd. This funding will support the company’s expansion into multiple U.S. states while also strengthening its Lisbon-based team.

A Digital-First Real Estate Platform

Founded in October 2020, Relive operates as a proptech platform that provides digital tools for real estate agents to enhance efficiency in property transactions. Its mobile-based solution allows agents to manage and grow their businesses remotely, aligning with the modern gig economy. By leveraging technology, Relive aims to streamline the process of renting, buying, and selling properties for a new generation of digitally savvy professionals.

Expansion Plans and Market Growth

Relive initially entered the U.S. market through Texas and now plans to expand into states such as Florida, Colorado, and Georgia. The company will use the newly secured funding to enhance its technology platform, making it more adaptable to the needs of U.S.-based agents and clients. Additionally, strategic hires will be made to support the company’s continued growth and market penetration.

A New Approach to Real Estate Brokerage

Drawing comparisons to Uber’s business model, Relive provides real estate agents with access to a technology-driven, turnkey brokerage system. In less than a year, the platform has attracted over 100 active remote agents and facilitated more than 50 property transactions across Portugal. The company’s focus on social media and digital tools differentiates it from traditional brokerages, appealing particularly to Millennial and Gen Z professionals.

Industry Insights and Investor Confidence

Relive’s approach challenges conventional real estate practices, where the average U.S. agent is 50 years old and reliant on traditional networks. Founder José Costa Rodrigues emphasized the company’s mission to empower younger agents with digital solutions that cater to the evolving expectations of modern homebuyers. Indico’s Managing General Partner, Stephan de Moraes, highlighted the importance of simplifying the home search process and expressed confidence in Relive’s potential to drive innovation in the industry.

With the backing of its investors, Relive is poised to scale its presence in the U.S. real estate market while continuing to refine its digital platform. The company’s expansion reflects a broader shift towards technology-driven solutions in the real estate sector, catering to the preferences of younger generations. By combining a flexible business model with innovative digital tools, Relive is redefining the future of real estate brokerage.