News
Byit raises $1.1 million from A15, Beltone and angels
Proptech brokerage Byit has raised $1.1 million from A15, Beltone and angel investors to strengthen its UAE operations and speed up its entry into Saudi Arabia.
By Propel Africa · 2025-12-08
Byit has raised $1.1 million from A15, Beltone Venture Capital and a group of angel investors, Wamda reported on 8 December 2025. Wamda describes it as a strategic investment.
What Byit does
Byit is a proptech platform that standardises and scales real estate brokerage across the Gulf Cooperation Council region, using an agent-first model. Freelance brokers receive up to 90% of developers' commissions and get access to verified developer inventory. The company was founded in 2022, began in Egypt, expanded to the UAE and is based in the UAE. Antoine Azer is founder and chief executive.
Reach so far
Byit counts more than 40,000 freelance brokers, more than 450 partners and more than 1,000 mapped projects on its platform.
What comes next
The funding will strengthen operations in the UAE, speed up entry into Saudi Arabia and grow the company's developer network across the Middle East. Azer said: "Our goal has always been bigger than building a platform."
At a glance
- Company: Byit
- Raised: $1.1 million
- Round or Type: Strategic investment
- Investors: A15, Beltone Venture Capital, angel investors
- Founded: 2022
- Based in: UAE
- Markets: Egypt, UAE, with Saudi Arabia and the wider Gulf next
- Key number: More than 40,000 freelance brokers