Housfy secured €3 million from Torch Capital, DN Capital, Cathay Capital and Seaya Ventures.

Housfy, a Barcelona, Spain-based digital real estate agency, announced completing a round of €3M ($3.4M) in capital investment.

The funding was provided by existing investors including Torch Capital, DN Capital, Cathay Capital and Seaya Ventures.

The money will be used to accelerate growth and launch a new division specialized in the rental segment, thus expanding company's reach to buying and selling and mortgages.

Housfy, founded in 2017 by CEO Albert Bosch, Miquel A. Mora and Carlos Blanco, operates a technology platform that allows individuals to sell property without commissions and intermediaries. The company is active in three countries, including Madrid, Barcelona, ​​Valencia, Malaga, Seville, Zaragoza, Bilbao, Milan, Rome, Turin, Florence, Genoa, Bologna, Lisbon and Porto.

Prior to this round, Housfy raised $11M.