Abu Dhabi-based proptech startup eVoost AI has closed a $2.2 million (€2 million) funding round as it looks to accelerate the development of its AI-powered residential sales platform and push deeper into international markets.
The round was led by Spanish venture capital firm First Drop VC and included participation from Qora71, the investment arm of Hub71. It also drew in strategic investors and angel backers with exposure to markets including Romania and the UAE.
What eVoost AI Does
Founded in 2024 by Cristian Pastrana and Koh Onozawa, eVoost AI has built an AI-powered platform designed to optimise residential property sales using predictive analytics and automation. The core idea is to shift how developers approach sales, from reacting to buyer demand after construction, to anticipating it before a project is completed.
Its platform integrates AI across the residential sales cycle, from market analysis and buyer behaviour insights to pricing optimisation and sales strategy. The company currently manages over $3.5 billion in real estate assets under commercial agreements.
How the Funds Will Be Used
The funding will support product development, international expansion, and team growth across Spain, Portugal, the UAE, and the United States. eVoost AI currently operates from Abu Dhabi, with additional teams in Madrid and Gijón.
CEO Cristian Pastrana described the raise as a step toward building infrastructure for the broader property industry. “This round allows us to accelerate the construction of an intelligent operating system for residential commercialisation,” he said.
Investor Rationale
For First Drop VC, the investment is rooted in a view that the real estate industry’s structural inefficiencies remain largely unsolved. Co-founder Manu Nieto said the firm believes access to housing is one of the major global challenges, and that many developers still build without truly understanding their end customer.
The deal reflects growing investor appetite for AI-powered proptech infrastructure in the Gulf, where developers are increasingly adopting automation, predictive analytics, and digital-first sales systems. For eVoost, the raise marks another milestone in its push to make data-driven residential sales the industry standard.
