Bbva Spark Backs Prophero With €2.5 Million

Australian proptech patient PropHero relocates office to Spain and secures awesome EU-backed backing to double growth.

BBVA Spark has provided €2.5 cardinal successful financing to integer existent property level PropHero arsenic nan Australian-founded startup shifts its office to Spain and targets a awesome description successful nan country’s lodging market.

The deal, announced August 4, 2025, is supported by nan European Investment Fund nether nan InvestEU programme and will bolster PropHero’s liquidity arsenic it seeks to double its business measurement successful Spain by nan extremity of adjacent year.

About PropHero

Founded successful Australia, PropHero operates successful 4 countries and presently boasts complete 10,000 progressive users. Its level uses AI and information analytics to thief users make smarter spot investments, offering integer devices for distant buyers and portfolio builders.

BBVA Spark, nan invention portion launched by BBVA successful 2022, chose to support PropHero based connected its scalable business exemplary and disruptive tech.

“PropHero exemplifies nan benignant of digital, eager institution BBVA Spark intends to back, arsenic it tin person a existent effect connected nan sector,” said Miguel Ángel Alcalá, BBVA Spark’s caput successful Spain, arsenic quoted by BBVA’s property release.

PropHero co-founder Pablo Gil called nan finance “fundamental” to nan company’s plans to turn and meet rising request for integer existent property solutions.

The backing marks different illustration of EU financial support boosting innovative startups done nan InvestEU programme. BBVA Spark’s tailored attack provides services from basal banking to task debt, helping fast-growing companies for illustration PropHero standard globally from Spain.

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