Company Overview
Snapshot
Founded in June 2020 by Peleg Davidovitz, Propdo operates with 11–50 employees. The company has raised $6.9M across two funding rounds from two investors. Propdo became public on TASE in August 2022, achieving a market capitalization of $27.39M by September 2023.
Business overview
Propdo provides an AI-based solution for predicting the future performance of residential properties. The company leverages artificial intelligence models, drawing from hundreds of data sources and industry expertise to evaluate potential growth for each property. Propdo operates within the Fintech & Insurtech sector, serving markets related to real estate and financial services.
Strategic signal
In March 2025, Propdo announced a strategic pivot, shifting its focus from technology development to direct real estate activities. This move indicates a significant change in the company's business model and operational strategy, signaling a potential reorientation towards asset management or development within the real estate market rather than solely providing AI-driven predictive analytics.
Log in to access full profile ›Company Intelligence Q&A
- When did Propdo go public?
- Propdo became public on the TASE in August 2022.
- What was Propdo's market capitalization as of September 2023?
- As of September 2023, Propdo's market capitalization was $27.39M.
- What was a significant strategic change for Propdo in March 2025?
- In March 2025, Propdo announced it would abandon its original technology-focused operations to concentrate on real estate activities.
- Who were the investors in Propdo's November 2020 funding round?
- In November 2020, Propdo received investment from Dori Davidovitz and Alon Kesel.
- What was Propdo's reported intention regarding an urban renewal company in January 2024?
- In January 2024, Propdo expressed interest in acquiring an urban renewal company for 110 million Israeli Shekels.