Abu Dhabi proptech eVoost AI has raised $1.2 million in a round led by Spanish fund First Drop and Hub71 ecosystem investors. The platform manages over $3.5 billion in real estate assets and uses AI to help developers price and sell properties before construction completes.
Real estate developers have always made high-stakes decisions on incomplete information. Pricing is set based on comparable transactions from months ago. Demand signals are gathered through physical showrooms and broker conversations. Adjustments happen slowly, often after the market has already moved. Abu Dhabi-based proptech startup eVoost AI was founded to fix exactly that, and a new $1.2 million funding round gives the company the capital to push its vision further into the markets where that gap is most commercially significant.
The round was led by Spanish fund First Drop and attracted investors from the Hub71 ecosystem backed by Mubadala, alongside strategic investors from several international markets. The geographic mix of the investor base is deliberate and reflects where eVoost AI is building its commercial footprint. The company is not a purely regional play. It is positioned from its Abu Dhabi base as a global infrastructure platform for residential real estate sales, already managing over $3.5 billion in real estate assets through active partnerships with developers across Europe, the UAE, and the United States.
The platform's core proposition sits at the intersection of behavioral intelligence and sales automation. Rather than waiting for construction to complete before engaging buyers, eVoost AI gives developers the ability to identify real market demand early, update pricing dynamically, and adjust sales strategies based on predictive analytics and buyer behavior data, all before a project is physically ready to deliver. That capability addresses one of the most persistent inefficiencies in residential real estate development: the lag between market conditions and developer response. By the time a traditional sales cycle picks up signal from changing demand, the market has frequently moved in a direction that requires expensive course corrections.
The platform deploys virtual sales agents across multiple touchpoints including websites, WhatsApp, voice calls, and social media, each operating with full CRM and payment platform integration running in the background. The technology is designed to complement rather than replace human sales teams, automating the repetitive discovery and qualification interactions while surfacing behavioral insights that allow sales professionals to focus on higher-value conversations. For developers who want to maintain consistent brand presentation across international markets without building local sales infrastructure in each one, the success-based business model eVoost uses means they only pay when the platform delivers results.
Co-founder and CEO Cristian Pastrana was direct about the ambition behind the raise. His stated goal is to transform real estate from a fragmented traditional industry into a fully data-driven and automated ecosystem, and the new funding will go toward developing additional software capabilities, expanding the team, and accelerating international expansion. The next phase targets deepening presence in Spain and Portugal before entering further new markets.
For the UAE's proptech sector, eVoost AI's raise fits within a market that is both commercially strong and institutionally well-supported. The UAE proptech sector was valued at roughly $607 million in 2024 and is projected to exceed $1.5 billion by 2030, growing at nearly 17.5% annually. Hub71's backing of the broader eVoost ecosystem reflects Abu Dhabi's deliberate strategy to position itself as a global AI hub, and First Drop's lead investment from Spain reinforces the cross-border commercial logic that eVoost has been building since its founding in 2024.
