The UAE proptech will expand into Saudi Arabia, grow its teams, and enhance its mortgage platform after one of the GCC’s largest Series A rounds.
Holo, a UAE-based digital mortgage platform, has raised $22 million in Series A funding, one of the largest rounds of its kind in the GCC this year. The investment was led by Saudi Arabia’s Impact46, with participation from Mubadala Investment Company, Rua Growth Fund, anb seed, MoreThan Capital, Salica Oryx Fund, and Dubai Future District Fund.
Launched in 2020 by Michael Hunter and Arran Summerhill, Holo built what it calls the region’s first fully digital home-buying platform. The service provides instant access to more than 20 lenders and full visibility from pre-approval to financing. To date, Holo says it has served more than 80,000 clients and processes over AED 1 billion ($272 million) in transactions each month.
The company plans to use the new capital to accelerate its launch in Saudi Arabia, advance its technology platform, expand local teams, and enhance HUB by Holo — its agent-facing product.
“At Holo, we’ve always believed that buying a home shouldn’t be complicated” said co-founder Michael Hunter. “With this raise, we’re not only scaling across borders, but also scaling trust, simplicity, and access to homeownership.”
Saudi Arabia’s housing market, valued at $203 billion in 2025 and forecast to reach $310 billion by 2030, is expected to be a key driver of growth. Impact46 managing partner Basmah AlSinaidi said Holo’s entry into the Kingdom reflects “a bigger shift in consumer expectations — and the rising demand for seamless, tech-driven ownership experiences”
Mubadala’s Ali Al Mheiri pointed to the platform’s potential impact across the region, calling the deal “a strong example of how collaboration can accelerate the UAE’s economic transformation and unlock real value for communities through technology-driven solutions”
Other backers highlighted Holo’s traction and potential to shape the market. Turki Aljoaib of Rua Growth Fund noted the startup’s alignment with regulatory shifts in Saudi Arabia, while Salica Oryx Fund’s Ali Qaiser said repeated investments reflected “deep conviction in their vision, team, and ability to deliver lasting impact.”
Holo previously raised a pre-Series A from Dubai Future District Fund and Oryx Fund, though the amount was not disclosed. With new funding and expanded investor support, the company is positioning itself as a key fintech and proptech player in the region’s fast-growing real estate sector.