Funding

Botswana Proptech, Vantage Properties, bags Funding

Vantage Properties, a Gaborone-based proptech firm, and owner of the recently launched product, gosmartvalue.com, has announced a $43k financing from business angels via Angel Network Botswana.

“We are extremely excited to close this round as it allows us to grow and capture the property valuation market. As a young proptech company, we’re looking forward to this new partnership as we now have access to resources, expertise, and networks that we can leverage from. We now look forward to rolling out more features and improving on our current offering,”Sethebe Manake, Founder and CEO said. 

“Angel Network Botswana is a network of business angels who invest their personal funds into growth-oriented businesses and startups with the aim of building a sustainable business ecosystem. We give the businesses we invest in access to expertise and networks in addition to funding their growth. We are very excited to be part of Vantage Properties’ growth story. Sethebe Manake and her team have managed to leverage technology to create real value in the real estate industry in Botswana and soon beyond our borders too.” — Ananth Ram, Chairperson of Angel Network Botswana.


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What You Need To Know About Vantage Properties

Launched in June this year, gosmartvalue.com is a product of Vantage Properties, a business established in Botswana that specializes in real estate data analytics and automated property valuations.

Vantage has created the platform gosmartvalue.com, which is intended to forever revolutionize the real estate market by providing people the option of having their property instantly valued or having a qualified and registered valuer perform a full valuation. The platform’s valuers are on different bank panels, including Bostwana Building Society, ABSA, FNB, Stanbic Bank, and Bank Gaborone, to name a few.

There are over 50 valuers to pick from on the platform.

Aside from valuations, gosmartvalue.com offers a variety of market research papers spanning various regions across the country to assist in real estate decision-making. Vantage Properties’ company angel investors have extensive experience in entrepreneurship, real estate development, law, financial management, investing, technology, research, and education.

Read also: South Africa’s health care start-up, Zoie, creates digital health, wellness clinic for women

Before now, in 2019, Manake launched BuyBdub, an online shop aimed at the local market, with the goal of being the go-to online shop for indigenous and organic products created in Africa. Despite her passion for online platforms, Manake has lamented the limitations of a local payment gateway, highlighting the lack of a nationwide payment switch that allows for simple transactions. A payment switch is a system that can connect to any POS system, automated teller machine (ATM), mobile payment system, and internet-based commerce portal to combine all electronic transactions and intelligently route them to one or more payment processors for authorization and settlement.

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