eVoost AI secures $2.2M to scale AI-powered proptech platform
Abu Dhabi-based proptech startup eVoost AI has raised $2.2 million in a funding round led by Spain’s First Drop VC, as the company accelerates the development of its AI-powered residential sales platform and expands into international markets.
The round also included participation from a Hub71-linked investment vehicle backed by Mubadala, alongside strategic investors and angel backers from markets including Romania and the UAE.
Founded by Cristian Pastrana and Koh Onozawa, former co-CEO of crypto platform Bit2Me, eVoost AI is building a data-driven residential sales platform designed to transform how real estate projects are marketed and sold using artificial intelligence, predictive analytics, and automation.
The company’s platform enables developers to analyze buyer demand, optimize pricing strategies, and improve sales performance before construction is completed, shifting decision-making from intuition-based models to data-driven intelligence.
According to the company, eVoost AI currently manages more than $3.5 billion in real estate assets under commercial agreements, with operations spanning Europe, the UAE, and the United States.
The new funding will be directed toward product and technology development, international expansion, and team growth, as the company strengthens its footprint across the UAE, Spain, Portugal, and the United States, while preparing for further global expansion.
Co-founder and CEO Cristian Pastrana said the investment will help accelerate the creation of an intelligent operating system for residential commercialization, aiming to modernize a traditionally fragmented sector.
“This round allows us to accelerate the construction of an intelligent operating system for residential commercialization. Our goal is to transform a traditionally analog and fragmented sector into one governed by data, AI, and automation,” Pastrana said.
Manu Nieto, co-founder at First Drop VC, said the investment thesis is rooted in addressing inefficiencies in global housing markets, emphasizing that many developers still lack visibility into actual buyer demand before building.
“At First Drop, we believe access to housing is one of the major global challenges. Many developers still build without truly understanding their end customer. eVoost’s technology identifies demand and optimizes sales even before construction begins,” Nieto said.
The deal reflects growing investor interest in AI-powered proptech infrastructure, particularly in regions like the Gulf, where real estate developers are increasingly adopting predictive analytics and digital-first sales systems to improve efficiency and decision-making.
