Seed Round Open ยท 2026

Backing the
โ‚ฆ28 trillion market
property portals missed

Nigeria's real estate sector processes โ‚ฆ28 trillion in transactions per year. The platforms serving it haven't changed since 2010. PropBot AI is the infrastructure update โ€” AI qualification, real-time Telegram delivery, pay-per-verified-lead.

The opportunity
โ‚ฆ28T
Annual property transaction value in Nigeria
220M+
Population โ€” fastest urbanising economy in sub-Saharan Africa
6M
New households form annually โ€” most needing to rent or buy
โ‚ฆ600K
Max annual cost on portals โ€” regardless of lead quality or results
The problem

Property portals are broken

Agents pay โ‚ฆ150,000โ€“โ‚ฆ600,000/year for a listing page. In return they receive unqualified enquiries โ€” people with no confirmed budget, no stated timeline, no verified area preference.

The result: most Abuja agents close 2โ€“4 deals a month. Top performers close 8โ€“12. The gap isn't skill โ€” it's lead quality and speed.

๐Ÿ’ธ
Agents over-paying for zero accountability
Fixed annual fees with no performance link
๐Ÿ”ฎ
Zero AI โ€” listings searched by keyword
No intent scoring, no qualification, no urgency detection
๐Ÿข
Email enquiries taking hours or days
Buyer frustration; agents cherry-picking who to call back
The solution

PropBot AI fixes the pipe

Every buyer who enters PropBot is walked through a structured qualification. Area. Type. Budget. Bedrooms. Timeline. Our AI scores the intent 0โ€“100. Only then does any agent see or pay for it.

๐ŸŽฏ
Pay-per-qualified-lead

Aligned incentives. Zero wasted spend.

โšก
Real-time via Telegram

7-second average delivery. First-come wins.

๐Ÿ”
Recurring subscriptions

Monthly tiers create predictable revenue.

๐Ÿ“ฃ
Sponsored ad slots

High-margin listings inside search results.

Business model

Three compounding
revenue streams

Each stream reinforces the others. More agents โ†’ more subscriptions โ†’ more leads purchased โ†’ more data to improve AI scoring โ†’ better leads โ†’ more agents.

Stream 1

Lead Sales

โ‚ฆ1,000โ€“โ‚ฆ15,000

per qualified lead ยท varies by tier & plan

Agents pay per accepted lead. HOT (score 75+) commands the highest price; unsubscribed agents pay โ‚ฆ15,000, Agency plan agents pay โ‚ฆ5,000. Volume and margin both improve as agent subscription mix shifts up-tier.

Stream 2

Subscriptions

โ‚ฆ8Kโ€“โ‚ฆ45K

per agent per month

Agent, Professional, and Agency tiers give agents more listings, lower lead costs, priority routing, and free HOT leads monthly. Predictable MRR from day one.

Stream 3

Sponsored Adverts

โ‚ฆ15Kโ€“โ‚ฆ50K

per sponsored placement

Agency agents place sponsored listings directly inside relevant search results. High conversion, low overhead โ€” pure margin above infrastructure cost.

Traction

Platform live,
pipeline building

PropBot AI launched in Q2 2026 and is currently onboarding verified pilot agents across Abuja. Core infrastructure โ€” AI scoring, lead routing, wallet system, agent dashboard โ€” is fully operational.

โœ…
Core platform shipped
and live
๐Ÿ“
Abuja-first, Nigeria-wide
expansion planned Y2
๐Ÿฆ
Paystack wallet
integration live
๐Ÿ”ฅ
HOT / WARM / COLD
AI scoring operational
Year 1 headline

โ‚ฆ114M
projected revenue

Based on 500 active agents at conservative lead purchase rates. Year 1 is the foundation โ€” agent acquisition, product refinement, and data flywheel. Profitability target: Month 14.

โ‚ฆ114M
Projected Y1 gross revenue
173:1
LTV:CAC ratio (estimated)
<2mo
CAC payback period
โ‚ฆ11.8B
Projected Y5 revenue at scale

Full 5-year model, margin breakdown, and sensitivity analysis available in the investor pack below.

Full financial model

The numbers behind
the opportunity

Complete 5-year P&L, unit economics, funding ask, and exit scenarios. Unlock the full investor report below.

5-Year Financial Projection (โ‚ฆ millions)

Metric Year 1 Year 2 Year 3 Year 4 Year 5
Active Agents 5001,8005,00012,00025,000
Lead Revenue โ‚ฆ72Mโ‚ฆ280Mโ‚ฆ900Mโ‚ฆ2.4Bโ‚ฆ5.8B
Subscription Revenue โ‚ฆ30Mโ‚ฆ108Mโ‚ฆ300Mโ‚ฆ720Mโ‚ฆ1.5B
Advert Revenue โ‚ฆ12Mโ‚ฆ72Mโ‚ฆ270Mโ‚ฆ810Mโ‚ฆ2.25B
Total Revenue โ‚ฆ114M โ‚ฆ460M โ‚ฆ1.47B โ‚ฆ3.93B โ‚ฆ9.55B
Operating Costs โ‚ฆ82M โ‚ฆ230M โ‚ฆ515M โ‚ฆ984M โ‚ฆ1.72B
EBITDA โ‚ฆ32M โ‚ฆ230M โ‚ฆ955M โ‚ฆ2.95B โ‚ฆ7.83B
EBITDA Margin 28% 50% 65% 75% 82%

Unit Economics

โ‚ฆ24K
Avg. monthly revenue per agent (Y1)
โ‚ฆ500
Customer Acquisition Cost (CAC)
โ‚ฆ86K
Estimated 3-year LTV per agent
173:1
LTV : CAC ratio
The Ask
โ‚ฆ150M

Seed round at โ‚ฆ600M pre-money valuation
20% equity offered

Minimum ticket: โ‚ฆ10M. Strategic investors preferred โ€” real estate, fintech, or telco background welcomed.

Use of Funds
Agent acquisition & growth (sales, marketing) 40% โ€” โ‚ฆ60M
Engineering & AI model improvement 30% โ€” โ‚ฆ45M
Operations, compliance, partnerships 20% โ€” โ‚ฆ30M
Working capital reserve 10% โ€” โ‚ฆ15M

Exit Scenarios

Scenario Timeline Mechanism Target multiple Return on โ‚ฆ150M
Strategic acquisition Y3โ€“Y4 Nigerian or pan-African property portal acquires data + infrastructure 5โ€“8ร— โ‚ฆ750Mโ€“โ‚ฆ1.2B
Series A + secondary Y2โ€“Y3 Institutional round provides partial liquidity for seed investors 3โ€“5ร— โ‚ฆ450Mโ€“โ‚ฆ750M
IPO / public listing Y5+ NGX listing at โ‚ฆ11.85B Y5 revenue with 82% margin 15โ€“20ร— โ‚ฆ2.25Bโ€“โ‚ฆ3B

Projections are forward-looking estimates based on comparable African proptech and fintech growth trajectories. Not guaranteed.

๐Ÿ”’

Unlock the Full Report

Enter your details to access the complete 5-year financial model, unit economics, funding ask, and exit scenarios.

We'll also send this to hello@equiviral.com so we can follow up if you'd like to chat.

Ready to talk?

We're raising a โ‚ฆ150M seed round and moving quickly. If you'd like a call, reach us directly.

๐Ÿ“ง hello@equiviral.com Send a message โ†’