Byit Capital, a UAE headquartered proptech platform that bills itself as an “agent first” brokerage enabler, has closed a $1.1 million strategic round from A15, Beltone Holding and a syndicate of angel investors to accelerate growth across the Gulf Cooperation Council. The capital will be used to deepen Byit’s UAE operations, widen its developer ecosystem and fast track entry into Saudi Arabia.
The company, founded in 2022 and led by Antoine Azer, says it operates an agent centric marketplace that combines verified developer inventory with tools and commission structures designed to favor freelance brokers. Byit publicly reports a network that includes some 40,000 freelance brokers, a partner ecosystem of more than 450 organizations and a mapped inventory spanning over 1,000 projects, metrics the startup and multiple press accounts cite as evidence of traction as it scales across the GCC. Arab Founders notes that the platform’s model can allow agents to capture a large share of developers’ commissions, figures reported range up to 90% in some cases.
The raise arrives as competition and consolidation intensify in the MENA property market, where classifieds and portal players continue to attract large strategic capital. Property Finder, one of the region’s largest property marketplaces, secured a $525 million minority investment earlier in 2025 from Permira and Blackstone, a deal investors and founders have framed as a bet on classifieds and data products for the Gulf and North Africa, according to Reuters. Bayut (part of the Dubizzle/EMPG group) and other portals remain primary digital channels for developers and brokers; by contrast, Byit positions itself not as a broad consumer classifieds portal but as a brokerage and agent enablement layer that plugs developers, independent agents and partner services into a commission-friendly pipeline.
Regional expansion is the concrete near-term aim. Public reporting on the round says Byit will deepen UAE operations and accelerate launch plans in Saudi Arabia, a market that industry reports and government plans identify as a major development engine under Vision 2030. Byit’s pitch to developers and brokers, verified inventory, structured project data and a large pool of freelance agents, is presented in investor materials and press coverage as a way to reduce friction in a fragmented brokerage landscape that still relies heavily on informal networks. The startup has also highlighted partnerships across mortgage, legal and services ecosystems as part of its product roadmap, as detailed by Startup Researcher.
Investors in the round include A15, the Cairo born growth firm with a track record across MENA tech, and Beltone Holding, among others. Reporting describes the round as strategic rather than a large venture milestone: early capital to scale engineering and operations while proving playbooks in new GCC jurisdictions. Regional press noted the funding was timely given rising developer activity and the increasing professionalization of brokerage services, though official statements remain focused on growth targets, agent economics and market entry plans instead of financial KPIs or valuations.
The Byit story sits within a broader shift in MENA proptech: classifieds and listing platforms are doubling down on data, developer products and monetization, while a second wave of startups aim to re-architect how brokerage economics work for individual agents. Market incumbents like Property Finder and Bayut have signaled large bets on data, B2B products and strategic capital, and Byit’s play an agent first middleware between developers and freelancers, will be tested on its ability to convert a large, distributed broker network into repeatable, measurable transactions at scale. Observers and company briefings point to execution in Saudi Arabia and developer partnerships across the GCC as the immediate barometers to watch, as mentioned by the Financial Times.
Byit secures $1.1M to expand its Agent First Proptech Model across the Gulf