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Downsizer completes $3.75m cap raise
Proptech company Downsizer has been advised on its $3.75 million seed capital raise to enable it to continue to grow in the Australian market.
Jerome Doraisamy
Firm: Ashurst (Downsizer)
Deal: Global law firm Ashurst has advised proptech company Downsizer on its $3.75 million seed capital raise, which will enable it to continue to grow in the Australian market while driving international expansion of its SaaS platform operating at the intersections of fintech, insurtech and proptech.
Area: Capital markets
Value: $3.75 million
Key players: The Ashurst team was led by partner Stuart Dullard and counsel Jason Maletic.
Deal significance: Mr Dullard said: “We’re proud to have advised Downsizer in its latest seed capital raise. The funding represents a new chapter for the proptech industry in Australia, and we’re excited to see how Downsizer will transform this space.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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