Singapore-based property marketplace Ohmyhome has raised $5 million U.S. in a Series A+ round led by local investor Swettenham Blue.

This funding brings Ohmyhome’s valuation to $45 million, doubling its valuation after a previous Series A round led by Golden Equator Ventures. The company will use the fresh funds to enhance its data-matching technology in Singapore, Malaysia and the Philippines, and anticipates a Series B round in 2022.

“Our core mission is to help our customers by making transactions as hassle-free as possible, at the best price. We have stayed true to our mission and we look forward to greater enhancement in our technology to further speed up the pace of transactions,” said CEO Rhonda Wong.

In 2020, Ohmyhome expanded to the Philippines, in part because of demand from Filipinos working abroad wanting to purchase properties in their home country.

Founded in 2016, Ohmyhome offers property services like search, self listing, agent service, mortgage, conveyancing, renovation and moving services, and facilitates cross-border buying and selling of properties across the three countries where it operates.

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