Propzy: Funding, Investors & Team (Sep 2026)
Propzy is a full-stack real estate platform that originates and facilitates property sale and leasing transactions in Vietnam. By combining a real estate marketplace on the front end with logistics, documentation, and transaction services on the backend, Propzy has created a strong value proposition for consumers and has established a clear competitive advantage in Vietnam. Vietnam has a total population of 92m with a very high mobile penetration rate of 147%. By 2017 all 4 major mobile operators had been issued 4G licenses, providing the platform for strong increases in Internet and smartphone penetration. Strong listing growth in 2017 is expected to significantly drive revenue growth due to the transaction focused business model. In Q1 2017, Propzy facilitated a total of $190mm in property transactions with an average share of the total commission of 0.40% and is currently on track for $300mm for Q2 (150% QoQ growth). In 2015 there were a total of 357k property sale transactions in Vietnam, with potential agency commissions for the whole Vietnamese market as high as US$1bn. The CEO and founder of Propzy, John Le, is a highly successful entrepreneur having founded and sold several technology businesses in North America. In 1999, he founded one of the Internet’s first mortgage trading platforms (LoanTrader) and attracted top tier investors including Goldman Sachs, Citigroup and Koch Industries. John Le has been awarded the Ernst & Young Entrepreneur of the Year (Orange County) and Deloitte’s Fast50 winner. In 2009 John Le returned to Vietnam to found Vietnam’s first international credit bureau along with operating and financial partner TransUnion.
Propzy has raised $25.0M across 1 funding round on record, the most recent an undisclosed round of $25.0M announced in Jun 2020.
That round is above the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Propzy Company Profile and Key Stats
Latest funding round on record: Jun 2020.
Propzy Funding Rounds
Propzy Founders and Leadership Team
No contact details are on record for this team yet.
Propzy Funding Compared to Other Commerce and Shopping Startups
Propzy's latest round of $25.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Propzy in Commerce and Shopping and Ho Chi Minh City
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Propzy Funding FAQs
What does Propzy do?
Propzy is a full-stack real estate platform that originates and facilitates property sale and leasing transactions in Vietnam. By combining a real estate marketplace on the front end with logistics, documentation, and transaction services on the backend, Propzy has created a strong value proposition for consumers and has established a clear competitive advantage in Vietnam. Vietnam has a total population of 92m with a very high mobile penetration rate of 147%. By 2017 all 4 major mobile operators had been issued 4G licenses, providing the platform for strong increases in Internet and smartphone penetration. Strong listing growth in 2017 is expected to significantly drive revenue growth due to the transaction focused business model. In Q1 2017, Propzy facilitated a total of $190mm in property transactions with an average share of the total commission of 0.40% and is currently on track for $300mm for Q2 (150% QoQ growth). In 2015 there were a total of 357k property sale transactions in Vietnam, with potential agency commissions for the whole Vietnamese market as high as US$1bn. The CEO and founder of Propzy, John Le, is a highly successful entrepreneur having founded and sold several technology businesses in North America. In 1999, he founded one of the Internet’s first mortgage trading platforms (LoanTrader) and attracted top tier investors including Goldman Sachs, Citigroup and Koch Industries. John Le has been awarded the Ernst & Young Entrepreneur of the Year (Orange County) and Deloitte’s Fast50 winner. In 2009 John Le returned to Vietnam to found Vietnam’s first international credit bureau along with operating and financial partner TransUnion.
How much funding has Propzy raised?
Propzy has raised $25.0M across 1 round on record. The most recent is an undisclosed round of $25.0M announced in Jun 2020.
When did Propzy last raise funding?
Propzy's most recent funding round on record is an undisclosed round of $25.0M, announced in Jun 2020.
Who is the CEO of Propzy?
John Le is listed as CEO at Propzy.
Where is Propzy headquartered?
Propzy is based in Ho Chi Minh City, Na - Vietnam, Vietnam.
How many employees does Propzy have?
Propzy is in the 501-1000 employee band.
How does Propzy's funding compare to other Commerce and Shopping startups?
Propzy's latest round of $25.0M is above the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Propzy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Propzy is left off this page rather than filled in.
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