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PropertyPro.ng

From EverybodyWiki Bios & Wiki


PropertyPro.ng
Screenshot
Mobile View Of PropertyPro.ng Website.
Type of site
Online Estate Agents
Available inEnglish
FoundedFebruary 4, 2013; 11 years ago (2013-02-04)
Headquarters,
Area servedNigeria
Founder(s)
  • Fikayo Ogundipe
  • Sulaiman Balogun
  • Oladapo Eludire
  • Seyi Ayeni
IndustryInternet, Real Estate
Websitewww.propertypro.ng
RegistrationGuest checkout available on site, registration required to sell
Current statusActive

PropertyPro.ng formerly known as Tolet.com.ng [1] is a Nigeria real estate web-based platform for property rentals and sales. The company was founded in February 2013.[2] The company created a system that exercises a lot of control on how participating agents offer their services.

History[edit]

The company started with the founders' collective personal savings of $400 in 2012. The company was founded in February 2013 by a group of 4 people: Fikayo Ogundipe, Sulaiman Balogun, Oladapo Eludire, and Seyi Ayeni.

PropertyPro.ng formerly (ToLet.com.ng) is one of Spark’s “accelerator” fund portfolio companies. Spark invested $240,000 in Tolet.com.ng. In September 2016, Tolet.com.ng raised $1.2m in a Series A funding round led by Malaysia-based Frontier Digital Ventures.[3]

Acquisition of Jumia House Nigeria

ToLet acquired Jumia House Nigeria for an undisclosed amount. ToLet and Jumia House Nigeria merged platforms under the new name of PropertyPro.ng[4]

Rebranding

On April 16, 2018 ToLet.com.ng announced their new brand name and started transitioning to PropertyPro.ng via social media pages, change of usernames, press releases and features from media houses in Nigeria[5]

References[edit]

  1. metrics, Naira (2018-04-17). "Tolet.com.ng rebrands, changes name to PropertyPro.ng". Nairametrics. Retrieved 2021-02-19. Unknown parameter |url-status= ignored (help)
  2. Africa, Disrupt (2016-09-21). "ToLet.com.ng raises $1.2m". Disrupt Africa. Retrieved 2021-02-19. Unknown parameter |url-status= ignored (help)
  3. "ToLet.com.ng just raised over ₦500 million". techpoint.ng. Retrieved 2017-03-09.
  4. "Online real estate startup ToLet acquires Jumia House Nigeria to create PropertyPro.Ng". TechCrunch. TechCrunch.
  5. "ONLINE PROPERTY CLASSIFIEDS PORTAL, TOLET.COM.NG, CHANGES NAME TO PROPERTYPRO.NG". Innovation Village. Staff Writer.


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