Facilo raises $41M Series B for real estate brokerage software, acquires AI valuation firm Collavit
What's the deal? Facilo, which sells a communication cloud for real estate brokerages, has raised ¥6.4 billion (about $41 million) in a Series B round. The round breaks down into ¥3.9 billion in equity, ¥1.8 billion in debt, and ¥700 million in a credit facility, bringing total funding to roughly ¥8.3 billion.
Who's backing it? Globis Capital PartnersDealroom has a profile for this one. Try Dealroom → led the equity portion for a second consecutive round. Coral CapitalDealroom has a profile for this one. Try Dealroom →, which has joined every round since its first investment four years ago, and Angel BridgeDealroom has a profile for this one. Try Dealroom → also returned, alongside new investors Spiral Innovation PartnersDealroom has a profile for this one. Try Dealroom →, DBJ CapitalDealroom has a profile for this one. Try Dealroom →, Dentsu VenturesDealroom has a profile for this one. Try Dealroom →, i-nest capitalDealroom has a profile for this one. Try Dealroom →, Mitsubishi UFJ CapitalDealroom has a profile for this one. Try Dealroom →, and ForStartups Capital.
What does it do? Launched in 2023, the Facilo platform connects brokerage sales agents with customers. It is now used across more than 2,300 broker offices by over 13,000 sales agents.
What's the endgame? Facilo is releasing an AI-driven product line — an AI CRM, an AI converter, and a survey agent — to expand from communication into broader workflow support. The aim is to link fragmented tools and data so agents, customers, and AI build the customer experience together.
What about the acquisition? Facilo has made Collavit, which develops real estate valuation AI, a group company. Collavit offers the "HowMa" appraisal service and the "AI Assessment Pro" tool, and the two firms plan to run seller-side brokerage on a single platform to ease so-called "SaaS fatigue" from switching between products.
Where does the money go? Facilo will fund AI development, strengthen its organisation, and expand its product lineup through M&A. The Collavit deal is the first such move.
Why now? The company plans to use M&A to fill gaps that would be slow to build in-house. "The goal is not simply to add products, but to accelerate the creation of an 'AI co-creation ecosystem' that connects the work and data of real estate brokerage," chief executive officer Hiroshi Ichikawa said (translated from Japanese).
The signal: The round sits in the 92nd percentile among Series B deals in Japanese real estate over the past four years, a sign of investor conviction in property-sector software as consolidation begins to reshape a crowded tools market.
Image credit: Facilo